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Ford Edge Lease Questions

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  • phxmikephxmike Posts: 1
    Hi. I'm a first time car buyer looking at the Ford Edge Limited FWD in Phoenix area. 15k per mile lease. I've downloaded a great lease spreadsheet and might buy Expert Lease Pro. In the spreadsheet they ask for the Money Factor and Residual. Please let me know at your earliest convenience. Many thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi phxmike. Ford Credit's August base lease rate and residual value for a 36 month lease of a 2011 Edge Limited FWD with 15,000 miles per year in the Phoenix region are 3.0% and 49%, respectively for consumers who qualify for its top credit tier.

    You can convert Ford's published lease rates into approximate money factor equivalents by dividing them by 2400.

    Car_man
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  • First time leaser looking for the Money factor and residual value for a 36 months lease on a 2011 Edge SEL AWD with Rapid Spec 202A. Location is Philadelphia suburbs. I appreciate the help on this. Thanks in advance
  • devs6devs6 Posts: 11
    Car_Man,

    Can you post the numbers for the Ford Edge SEL for September, We are looking for 36 and 39 month lease numbers for FWD and AWD for a 10k year lease. Most likely we would also get the 205a package, don't know if that makes a difference or not. We are in the NJ.

    Thanks
  • Hello ekimble2957. Ford Credit's September base lease rate and residual value for a 36 month lease of a 2011 Ford Edge SEL AWD with 15,000 miles per year are 3.0% and 54%, respectively.

    Ford is currently providing a $1,000 cash incentive on leases of this truck in your area.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hey devs6. You are in Ford's New York region. Ford Credit's current base lease rate and residual value for a 36 month lease of a 2011 Edge SEL AWD with 10,000 miles per year in your area are 3.0% and 57%, respectively.

    The numbers for an otherwise identical 39 month lease are 3.25% and 55%.

    The lease rates for the FWD version of this truck are the same, but its residual values would be 1% lower.

    Ford is currently providing a $1,250 cash incentive on leases of '11 Edge AWD and $1,500 on Edge FWD models in your area.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car_Man,

    We've just about narrowed our search down to the 2011 Edge SEL AWD. We're looking at a 15,000 mile year lease and are considering either 24 or 36 month terms depending on how the other numbers work out. Can you post the residual values, money factors and applicable incentives we should consider in determining the lease payment after negotiating the price? We're in the Hartford CT area.

    Many thanks for your help.
  • Hi jonw27. Ford Credit's current base lease rate and residual value for a 24 month lease of a 2011 Edge SEL AWD with 15,000 miles per year are 0.25% and 61%, respectively.

    The numbers for an otherwise identical 36 month lease are 3.0% and 54%, respectively.

    When negotiating your deal on this truck, make sure to take advantage of the $1,250 cash incentive that is currently available on leases of it.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Is Ford still offering the .25% on a 24 month lease in Southern California?

    Of particular concern:
    24 month
    Edge Limited or Sport FWD
    12k miles

    If I remember correctly from prior postings, the AWD model adds 1%, correct?
  • Hello Car_Man:

    I'm looking at a 2011 Ford Edge SEL AWD with Rapid Spec 202A, voice activated Nav, all weather floor mats and a roof rack. I'm also looking at a 2012 Ford Edge SEL AWD with Rapid Spec 205A, voice activated Nav, all weather mats and a roof rack.

    Can you quote me the money factors and residual values for the 2011 and 2012 Edges as outlined above? I'm considering a 36 month lease and 12,000 miles.

    Thank you.
  • trisumtrisum Posts: 3
    Car Man, we are looking at an Edge to lease. Which model, SE, SEL, Limited or Sport have the best MF and residuals. Also, is the national 2011 Edge SE $219.00 a month lease deal better than I can get with the Z plan pricing?

    If you don't mind same question for the Fusion.

    Thank you for your time.

    David
  • Yes, herko2225, the base lease rate for a 24-month lease of a 2012 Ford Edge is indeed .025% in Southern California right now. The residual values for AWD models are 1% higher than on FWD models for 24-month terms.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hello oldbenfrank. Ford Credit's October base lease rate and residual value for a 36-month lease of a 2012 Ford Edge SEL AWD with 12,000 miles per year in Philadelphia are 3.5% and 59%, respectively for consumers who qualify for its top credit tier.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi trisum. Ford Credit's current base lease rate and residual value for a 36-month lease of a 2011 Edge SE FWD with 15,000 miles per year in Southern California are 2.25% and 53%, respectively.

    Ford is not providing lease support on the 2011 Fusion any longer, so you definitely do not want to lease one right now.

    I suspect that the Z-Plan would enable you to beat any of Ford's official advertised deals.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • trisumtrisum Posts: 3
    Thank you !! I appreciate you taking the time.

    David
  • I was quoted at 39109 for a 2012 Edge limited with 36 months 36k miles for $589. this seemed a bit steep from what I have read online. they did not give me the mf or residual figures. Can you please post the mf and residual for Sioux Falls, SD area? Also any thoughts on those figures?

    Thanks
  • to clarify my previous post...on the 2010 edge limited awd with nav they quoted me at 39109 msrp, however they were unwilling to negotiate on that price at all with the exception of the $1250 incentives that ford offers currently. I am also looking at a 2011 edge sel with awd and nav which i was quoted at 31350 msrp and 28400 sale price.

    I am not sure if Ford currently offers any incentives for the 2011 models still, and the dealership didn't offer any incite either. Will you please list the mf and residual values for both models and also if ford still offers any incentives on 2011 models?

    Thanks again
  • I apologize but just one last correction...I am looking for a 24 month or 36 month 12,000 mile lease in both.
  • drew_idrew_i Posts: 2
    edited October 2011
    Hi Car Man -

    I was wondering if you could give me the Ford APR factor and the residual percent for both the 2011 & 2012 Limiteds AWD, 36 month lease. I live in New England and drive 20,000 a year so I'm going to also need to know what the excess mileage price per mile is paying it up front. I'm a returning Red Carpet customer so I'm also wondering if you know the incentives that Ford has on the table for these two.

    I know I'm asking a lot but unfortunately the great Ford dealer that I have done business with for my last seven leases with lost his dealership when Ford cut back the number dealerships.

    Thanks,

    Drew
  • I have just purchased a 2012 Edge AWD Limited for $35,600 out the door (new tags/docs and taxes) plus a full tank of gas. I also puchased a extended warrenty for $1,835 7yrs/125,000 miles, I drive 22k plus miles a year. I bypass all that plan stuff and simply pay the dealer a certain price over dealer cost. Now dealer cost for this car is $33,400 so I offered $34,400. There are $2,750 in incentives for this car if you finance, $1,750 if you don't. Other dealers tried to add gas fee, advertisement fees etc...
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