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Ford Edge Lease Questions

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  • wallstreet1234wallstreet1234 Posts: 41
    edited March 2011
    I am in NY and interested in leasing a ford edge sel with 202A package and NAV, The price I was able to negotiate is 33,016. they told me lease with nothing down for 12,000 miles per year, 3 years is 480 per month

    what is the residual and rate on this car (Is the dealer supposed to disclose that to me)

    Also, my main worry is when I return the car after three year lease how particular are they with say dings etc, do they go over with a fine tooth comb? Will ford ask me to come in early to get it checked so I can fix anything on my own before I return it.

    Am I required to do regular schedule maintenance or does dearler do that?

    Thank you!!!!!!!!!!1
    Steven
  • Carman, would you be so kind to post the March 2011 Residual and MF for a 2011 Ford Edge Sport V6 AWD for a 36 month lease with 12k per year?

    Can you also advise any incentives applicable to a lease?

    Thanks
  • nygenenygene Posts: 11
    Hey wallstreet1234-

    where was this dealer in NY (manhattan dealer?)...that seems pretty good..I am looking for the same, SEL Navi, AWD, but with 15kmiles and 3 years....so may want to see what your dealer offers

    I just turned in a BMW X3, and they were pretty easy going- no issues on outside, even in manhattan, couple of scrapes and tears inside, not problem. BMW lease got too expensive, so now looking at the Pilot and the Edge...Honda offers $1500 wear and tear for free when turn it in

    let me know what dealer gave u that price. thanks
  • njtechwarrior,

    My name is Seni from Ford Customer Service We would be happy to look up your local area incentives, please feel free to call the Ford Marketing Headquarters at 800-334-4375 at your convenience. You may also check out www.Ford.com/Incentives, for local incentives on all of your favorite Ford vehicles.

    Kind regards,
    Seni
    Ford Customer Service Division
  • The dealer was diBlassi Ford in QUeens and I used X-Plan pricing for the $33,016 price I received.

    Are all Honda dealers offering 1,500 wear and tear?

    I am also looking at the Pilot, what prices and options have you gotten from Honda?

    I never leased before so I am worried about turning it in after 3 years and they say you need brakes, tires, etc and you owe us 2,000 to cover that. Do dealers offer you an inspection before turning in the car so you can fix what needs to be done before you turn it in?
  • kona721kona721 Posts: 2
    Just picked up my Edge Limited AWD with the following:

    302A Rapid Spec Package
    White Plat Coat
    Rubber Mats
    20" Chrome Wheels

    MSRP $43,310

    2 year/24,000 mile lease for $385 a month with $2000 down(includes 1st month payment & Acq. fee) plus MV fees. I got RCL incentive of $1250 and $750 coupon from ford.

    24 month lease payments were less than 36 month!
  • pechu1pechu1 Posts: 1
    That's a great deal, where did you go? I'm looking for something exactly like that, Thanks
  • nygenenygene Posts: 11
    Deal sounds good since it includes the 302A package...does it also include the moonroof and the Navi??
  • nygenenygene Posts: 11
    Wallstreet-

    Did tha price fro DiBlassi include the moonroof also? That would factor into how good a deal is....i am looking for 15k lease, and got prices for SEL with Navi, 202A, and Roof, but hard to compare bc of the 15 k mile lease

    Re Pilot, yes, that 1500 from Honda for wear and tear is standard for Honda Corp, not dealer...I tried to get that type of info from the Ford Dealer in Kingston NY, but doesnt seem like they have standard like that, he was more nebulous

    Kingston Honda Pilot EXL (but no Navi) 1053 down, 483 month, 36 mo, 15k miles....pretty good. Joyce Honda in NJ was similare $10 month cheaper
  • No moon roof and 12,500 miles per year no money down 36 months.

    I thought we could not use the 750 ford coupon for a lease only on a purchase.
  • nygenenygene Posts: 11
    Not sure about a $750 Ford coupon? they offered me $1000 off for conquest lease-- you have to have had another lease within 90 days and show proof
  • kona721kona721 Posts: 2
    The 302A package includes the panoramic roof, Intelligent access w/ push button start, navi, adaptive cruise control, HID headlights, power liftgate, Blind Spot Monitor..pretty much everything you can get!

    I went to Shultz Ford in Nanuet, NY...they are the best!
  • Still looking for the March 2011 Residual and MF for a 2011 Ford Edge Sport V6 AWD for a 36 month lease with 12k per year?

    Does anyone have the numbers? You can't figure out an appropriate lease without them.

    Thanks!
  • fordcustsrvcfordcustsrvc Posts: 27
    edited March 2011
    Hey njtechwarrior,

    My name is Seni with Ford Customer Service. The information on MF and residual is currently available at your local dealer, as it varies state to state. However, we would be happy to look up any lease incentives, in your local area. Please feel free to call the Ford Marketing Headquarters at 800-334-4375, at your convenience. You may also check out www.Ford.com/Incentives, for local incentives on all of your favorite Ford vehicles.

    Seni
    Ford Customer Service Division
  • Seni - The reason customers like myself ask for the numbers on the forum is to ensure that the numbers provided at the dealer are accurate. Unfortunately, they almost never are regardless of the dealer or manufacturer.

    I really like the Edge Sport, but having a hard time getting accurate info so I am likely moving on to plan B.

    Thanks for trying to help.
  • rdxerrdxer Posts: 33
    edited March 2011
    njtechwarrior -- you are so right, getting accurate (and honest) info from a Ford dealer is impossible. I'm getting tired of the run around!

    Drove an Edge Sport this week and was very impressed with the car. When I asked for some basic lease info all I got was mumbo-jumbo (and information that I knew was incorrect thanks to this forum).

    Will be leasing a new SUV within the next 1-2 months. Based on my dealer experience, it probably won't be a Ford.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi Steven. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2011 Edge SEL AWD with 12,000 miles per year in its New York region are 2.75% and 60%, respectively.

    Generally speaking, most manufacturers' captive finance companies are fairly reasonable when evaluating the condition of vehicles at lease-end. That's not to say that you won't have to pay a penalty if your vehicle is in rough shape, but they usually aren't unreasonable. Most banks use independent inspectors to look at vehicles a couple of weeks prior to lease-end and you probably would have an opportunity to fix any issues on your own before turning your truck in.

    Lessees are usually responsible for paying for maintenance out of their own pocket, unless the manufacturer offers free pre-paid maintenance as some sort of special promo. Having said that, outside of oil changes and tire rotation you really don't need to do anything on leased vehicles. I never do anything above and beyond that.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hello njtechwarrior. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2011 Ford Edge Sport AWD with 12,000 miles per year in its New York region are 2.75% and 58%, respectively.

    I don't believe that Ford is currently providing any cash incentives on leases of this truck in your area.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Thanks Carman. Sorry I didnt think to ask this but can you post the 24 month (12k) MF and residual for the 2011 Edge Sport AWD V6 base?

    Thanks again, really appreciate it.
  • towsonnctowsonnc Posts: 8
    I did extensive shopping for a Limited model over the past few weeks, mostly on the internet. This is what i ended up with:

    $485/month - $1250 down. 39 months. MF. 4%. Residual 54%. 15k miles.
    Limited. 300A, sunroof, 20"s, and NAV. $38,280 sticker. $35,842 sale price, not including $1485 in rebates ($1000 conquest and $485 first month paid). Invoice was ~$35,452 so I figure I paid around $1100 under invoice. I had a number of other offers around $499 with between $1500-$2500 down. It would be difficult to list them all given that they all had slightly different options and different MSRP/invoice prices. I think $500 over invoice before rebates is a fair target right now. I could've found lower had I been more flexible with colors. The Amex Zag website is also a good starting point if you want to be flexible. Some smaller dealers in the area were offering even more attractive prices. The 39 month option lowered the payment by $10 too so that appears to be more attractive (residual drops 2% so I was told).
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