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Ford Fusion Lease Questions
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One of the first questions I have regards the X plan (plan for friends and family of Ford). Someone told me that there is no need to negotiate if I’m using the X plan and the price will be right at invoice and I will get all incentives. On the ford website I saw advertised a deal for 500 cash back for college students, that’s an incentive right? However the dealer said I’m not eligilable for it? I don’t understand why not.
The car I ended up looking at was an SEL I4 w. leather, the
print out the dealer gave me showed the MSRP being 22245 and with the x plan I would get it at 21391. I planed to out 2000 down and this would get me payments at around 270 a month for 36 month 12,000 a year. Is this a good deal?
Is it a better bet right now to lease a Nissan altima due to the higher residual value? I went to their website looking for the nationally advertised lease deal they were currently offering and could not find one? Are they not currently offering one? I’m sure there is a site that list current lease offers from companies?
Sorry about being long winded I just find the whole process overwhelming.
Regarding the Altima, Nissan is having a $199/m lease on the 2.5S w/ speical edition package. This is off the Nissian web page
"2006 Altima 2.5S Auto w/ Special Edition Package, Mats and Splash Lease - 36 MONTHS - $199/MONTH - $2,639 INITIAL PAYMENT"
I have seen local dealer have the same payment with $1000 out of pocket cost. My parents have a Altima 3.5 SE and I'm very impressed with it, lots of room in the car...
Tony :shades:
I'm looking at leasing a Fusion SE 4 cyl with automatic & Sport pkg. MSRP is $19,800. Can you give me the lease numbers for 3yr/12k for Mass and NH? What kind of discounts are on the cars?
Dealer invoice on a SE w/ 4cyl is $16,525 and Sport package is $370. Now do not forget that the dealer profit on the car is 7% of MSRP on the sticker which is $1224.65 Remember this.... Dealers are hurting so Negoatate the LOWEST price for a lease, now that I have given you this infomation you have a good idea on the price...
Tony :shades:
I live in Florida and am new to the leasing thing. I was interseted in the Mercury Milan I-4 automatic. Mercury is running a lease special for 39 months, 0 money down, 0 security, and 0 first month's payment. The payment is $257 a month. The residual value is 44% or $9117 and the rate was 1.5%. The MSRP is 19,820. Is this a good deal? What other questions should I ask the dealer?
Thanks,
Lisad3
Is this a good idea......am I looking at it the right way? It is my understanding with the RCL with the intent to purchase, the mileage doesn't hurt you.
Also, I was planning to put 1,000.00 down at the start ...is that a good idea or would that money be better used at the end of the lease?
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Something seems strange about the selling price that you were quoted for the Fusion that you are interested in. Ford is currently providing $1,000 lease cash on it that you are automatically entitled to, on top of the X-Plan discount yet the price that you were quoted is only $850 below MSRP. This is not right. Make sure that this dealer quotes you the correct price for this car or find a different one to work with.
On a related note, if you are not completely sold on leasing, tomorrow Ford is introducing 0% financing for up to 6 years on all 2006 models, including the Fusion. This is a very attractive offer that I personally would probably take advantage of if I was in the market for this car.
I haven't done any calculations, but I suspect that the Nissan Altima has a more attractive lease program than the Ford Fusion right now. Nissan does have an advertised lease for the Altima on its Web site. You must have just checked it before its promotions were updated for this month. Here is a link to its current advertised lease page: Nissan Advertised Leases.
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Mercury is running a very attractive lease promotion on the 2006 Milan this month. The advertised lease that you saw for this car is a pretty good deal. Keep in mind though that like with most manufacturers' advertised leases I suspect that there is a little meat left on the bone with this offer. The selling prices of leased vehicles are negotiable, just as if you were financing or paying cash for them. While manufacturers' advertised leases usually include some sort of discount off of full MSRP, they often leave a little room to negotiate. This makes sense if one thinks about it. Dealers would be pretty annoyed if their manufacturer advertised the thinnest possible deal on a car or truck. Negotiate the lowest possible selling price than you can and then have the dealer that you are working with calculate your car's payment using the special lease program. On a related note, Ford is introducing 0% financing for up to 6 years on all 2006 Mercury models tomorrow. You may want to consider taking advantage of this attractive offer instead of leasing.
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Since we're both leasing and carrying higher insurance due to Ford lease requirements, my minimum car insurance is $3200/year and a Zephyr would be higher since costs more, and that's with lots of discounts.
What are the current Residual %'s and Money Factors/Interest Rates for a 2006 Lincoln Zephyr? I'm interested in 36 and 48 month terms, any mileage allowance.
Thanks!
No NAV didnt ask about it and the special was only on the specific VIN# they were advertising as their Memorial Day weekend special. The car was still there, unsold/unleased, when I got there at 7:30pm.
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I have just watched a TV ad yesterday, advertising a Mercury Milan lease for $238/month with $1,999 due at signing. I could not read the fine print at the end of the ad. I am assuming this offer was for a 2007 year model, probably the I-4 without options. Do you have any information on this program (i.e. # of months, # of miles/year)?
Can you also please post the latest money factors/residual values/bonuses for the Milan I-4 and V6. I personally am interested in 36 months, 12,000 miles/year. Thank you!
P.S. I live in the SouthEast
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2007 Fusion SEL V6 All options
Sticker 29,210
Delivery 700
MSRP 29,910
X-Plan 27,588
Discount (1,000)
Total 26,588
Total invoice X-Plan 27,624
other option
2007 Fusion SEL V6 All options but nav/sirius
Sticker 26,405
Delivery 700
MSRP 27,105
X-Plan 25,154
Discount (1,000)
Total 24,154
Total invoice X-Plan 25,180
Scores in 640s. I live in Michigan. I want to take advantage of the Red Carpet Lease plan, and I have a 2002 525i BMW to trade (56,000 miles, great condition). I still owe $21,500 on the care.
What do you think? I keep thinking I can do better than the X-Plan price. Do dealers ever go below invoice? And do you suspect I can get the lease deal? Thanks so much.
Could you please provide me with the numbers for a 07 Milan V^ Premier for 36/15. I am in Michigan. Also, what's your opinion on going for something like a 27 or 39 month lease insead?
Thank you for your help!
The vehicle is the V6 premier model with heated seats, leather and no sunroof.
Can anyone tell me if that is a decent price?
Thanks...arniep
I want to lease a 2007 Ford Fusion V6 SE (I live in the Omaha, Nebraska area zip 68123).
What kind of good advice can you give me. My early research shows a TMV for the V6 SE at 21,052.
Real interested to know if Ford is offering a no money down lease program, 36 months, 12,000 miles a year. Thanks.
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Please advise.
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"Since we're both leasing and carrying higher insurance due to Ford lease requirements, my minimum car insurance is $3200/year and a Zephyr would be higher since costs more, and that's with lots of discounts."
what are the "ford lease requirements" that would cause one to have higher insurance?