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Ford Flex Lease Questions

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  • Hello Car Man,

    Can you please give the current residual values and Money Factors for a 2012 Ford Flex SE and SEL model(s) with 12,000 miles a year and a 36 month lease. Is there any current incentives for leases? Thanks!!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi lasvegasrph. Ford Credit's current base lease rate and residual value for a 36-month lease of a 2012 Flex SE with 12,000 miles per year are 1.5% and 50%, respectively.

    The numbers for an otherwise identical lease of a Flex SEL FWD are 1.5% and 54%.

    There is a $1,250 cash incentive on leases of this vehicle right now. Make sure to take this cash into account during your negotiations.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Could you tell me what the lease factor is on tier 4 credit for Ford Flex limited 36 months 12k miles per year, I am putting 3900 down and they are discounting car from 42k to 35k..Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited April 2012
    Greetings to the appropriately named flexbuyer. Hmmmm, Tier 4 credit. I know the top credit tier numbers, I'll have to look into the Tier 4 numbers for you.

    For now I can tell you that the top tier lease rate and residual value for a 36-month lease of a 2012 Flex Limited AWD with 12,000 miles per year are 1.75% and 52%, respectively everywhere except for in California.

    There is a $1,750 cash incentive on leases of this vehicle. Again the amount is higher in California.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • hakkyhakky Posts: 8
    Thanks Car Man.

    Just a note to other potential Ford lessees. I went back and forth with my dealer on price, etc for about 2 weeks, finally agreed on price, trade-in, etc. When I plugged in all the numbers into a lease calculator using the 2.25% and 52% numbers they gave me, I was coming out with a monthly payment that was about $40 lower than the dealer was quoting me. Of course, I suspected that the dealer was trying to pull something sleazy, but after a little research, I found out that Ford Credit adds a monthly administrative fee to the payment. It is 0.00111 (approximately) times the Cap Cost. So if your cap cost is $36k, that adds $39.96 PER MONTH to the lease payment.

    Be careful out there, people!!
  • justoreyjustorey Posts: 6
    Car Man do you happen to know the new rates/ residuals for the SEL Flex in Florida?
  • apowers98apowers98 Posts: 2
    edited July 2012
    For 2012 Flex Titanium both 2 year and 3 year pls 15k miles

    Plus confirm current incentives?? (Tri state NY)

    Thx
  • apowers98apowers98 Posts: 2
    Please
    Current residual values and lease factors

    For 2012 Flex Titanium both 2 year and 3 year pls 15k miles

    Plus confirm current incentives?? (Tri state NY)
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi apowers98. Ford Credit's current base lease rate and residual value for a 24-month lease of a 2012 Flex Titanium AWD with 15,000 miles per year in its New York region are 0.25% and 56%.

    The numbers for an otherwise identical lease are 1.5% and 49%.

    There is a $2,000 cash incentive on leases of this vehicle in your area.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • socalcarfansocalcarfan Posts: 1
    edited September 2012
    It is a 301a which adds adaptive cc, and powerfold 3rd row seat.
    2500 cash and 15000 miles per year.


    1) Contract Date: 09/05/12
    2) Next Payment Date: 10/10/12
    3) Bank (W): OO2
    4) Stock Number: 1302
    5) Buyers County (W):
    6) M.S.R.P.: $ 45,640.00
    7) Residual %/Amt 51.00%$ 23,276.40
    8) Total Prepaid Mi Amt:
    9) APR: 1.7500%
    10) Term: 36
    11) SELLING PRICE: $ 44,000.00
    12) Add to Cap (W): $ 595.00
    13) WeOwes/AftMkt (W):
    14) ServCont/Ins's (W):
    15) Customer Cash: $ 2,500.00
    16) Rebate: $ 3,000.00
    17) Total Trade Allow: $ 22,000.00
    18) Cash Cap Reduction: $ 1,015.41
    19) CapTax Rt/Amt: 8.7500% $ 351.35
    20) Ttl UpFrt Fees (W): $ 106.90
    21) Ttl Annual Fees(W): $ 387.00
    22) Security Deposit:
    23) *** DRIVEOFF ***: $ 5,500.00
    24) Working Cash (W): $ 5,500.00
    25) Mnthly Use Tax: 8.7500%$ 50.88
    26) Total Payment: $ 632.34

    Base Monthly Rental: $ 581.46

    NET CAP: $ 42,494.59 27) One Pay Amt(W):
    Total Cap Reduction: $ 2,100.41
    CGRS: $ 270.11- Days in Stock: 33
    Command (?):

    Enter a command, a field number, or press a function key. Enter ? for help.
    F3=Sv/Ex F5=RRecall F6=Cust F7=Veh F8=Trd F10=Misc SF11=>
  • Hi socalcarfan. A $45,000 Flex...that's one loaded vehicle. The selling price that you quoted looks to be around $1,300 or so over invoice. In a competitive market like Southern California, I personally would want a selling price that's a little closer to dealer invoice than that...say at least another $500 off if not more.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • lsp2012lsp2012 Posts: 2
    edited November 2012
    Hi Car_man:

    Would love your (and others) take on the following lease offer:

    2013 Flex SEL AWD, w 202A, Vista Roof and Nav. MSRP of $41,660.

    $4100 down (includes 1st month, acq fee, etc), so about $3000 cap cost reduction.

    Net selling price of $37,024, includes $1000 incentive (i.e. $38k - $1k).

    $22,900 residual value (55%). 39 month lease, 10,000 miles/yr. Lease payment of $370/month including 7% sales tax. 2% financing -- is that the correct Ford Credit rate?

    This is in New England.

    Thanks in advance for any thoughts anyone has.
  • mutchinatormutchinator Posts: 2
    edited December 2012
    Hello - I am debating on leasing a new 2013 Flex Limted AWD - loaded (except Ecoboost) - here is breakdown in Eastern Pennsylvania:

    Here is numbers I was provided when we started talking about purchasing:
    MSRP $46,940.
    Rebate $2,000.
    Discount $2,496.
    Ford Credit $1,000.
    Net $41,444.

    I have a 2009 GMC Acadia for Trade - they were offering $18,500. which I think is low and I'm considering selling it outright. But they were factoring in $1,000 equity for the trade so the number on loan comes down to $40,444.

    Purchase Deal:
    $687.48/60 months/ZERO down
    $601.16/72 months/ZERO down

    Here is the lease offer - I was told 48% residual on 39 months:
    Lease + Fees
    $647.18 18k miles/year 39 months ZERO Down

    Does the loan and lease offer seem fair? I think the lease seems a bit high - and when I asked about money factor, APR on loan - they dealer was pretty ambiguous and said they would find lowest rate, etc. Seemed a bit fishy...

    I would like to lease -but this seems pretty high with my calculated comparable APR around 6% when I plug the numbers into a spreadsheet I found.

    Thoughts? Thanks in advance -
  • Hi - did you ever finalize your lease? I am prepared to do so - but it looks like you had a decent deal on the rate; maybe a bit of a downpayment, but wondering how things worked out for you.
  • Carman, can I get the current lease numbers (residual and money factor) for 2013 flex limited and sel models. 3yr 12k lease.
  • Yes I do realcul. Ford Credit's December base lease rate and residual value for a 36-month lease of a 2013 Flex Limited AWD with 12,000 miles per year are 1.75% and 54% for consumers who qualify for its top credit tier.

    The lease rate for the SEL AWD would be the same, but the residual value would be 56%.

    There is a $1,000 cash incentive on leases of this vehicle right now (slightly higher in certain regions). Make sure to take this cash into account during your negotiations.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Sorry for the tardy reply.

    Yes, we went ahead with the lease under these terms. Seemed like a pretty good deal, and it was on a vehicle that was a hard to-find-color color combination.

    Also, leasing through Ford is particularly advantageous for us, because we live in Providence, RI, where there is a 6% annual car tax (yes, really outrageous, isn't it?). Somehow, FoMoCredit has a deal with the state to pay a state-wide average rate of 1.5%, so that special arrangement saves us around $4000 over the life of the lease.

    I have heard that the Flex is hard for many dealers to get rid of, so aggressive negotiating ought to be possible, particularly for cars on the lot.
  • 993_911993_911 Posts: 1
    Hello Car_man -
    I'm looking for the current lease numbers for a Flex Limited - fully loaded - in Washington State. 39 months and 12k miles/year.
    Thank you!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi 993_911. Ford Credit's March base lease rate and residual value for a 39-month lease of a 2013 Flex Limited AWD with 12,000 miles per year are 1.25% and 50%.

    Ford is currently providing a $2,500 cash incentive on leases of this vehicle.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • kobsterkobster Posts: 3
    Hi Carman,
    Can you please post lease rates for both a FORD FLEX LIMITED FWD & SEL FWD - 36 months 12K/year. Are there different incentives for buy vs. lease?

    Thank you.
  • hi carman, wondering if you have lease rates for a 2013 flex limited with titanium package? the sticker price is $42,300. 12k/3year.
    any idea on the money factor and residual on something like this?
  • kyfdxkyfdx Posts: 29,792
    The money factor is 1.25%, but I don't have the residuals..

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • thank you, i got a residual of ~48% from the dealer. he also quoted me 1.25% also. thanks!
  • ep1141ep1141 Posts: 5

    Car_man, any chance you have the money factor and residual for a 2014 Flex Limited 3/36k or 2/24k. As always, thanks in advance.

  • kyfdxkyfdx Posts: 29,792

    @ep1141 said: Car_man, any chance you have the money factor and residual for a 2014 Flex Limited 3/36k or 2/24k. As always, thanks in advance.

    0.50% MF and 58% residual for 24/12

    0.75% MF and 50% residual for 36/12

    Looks like the Flex has $3750 of lease cash.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • bratvabratva Posts: 16

    Hello, is it possible to share March lease MF and residual for 24m/10k and 36m/10k for Flex Limited AWD

  • kyfdxkyfdx Posts: 29,792

    @bratva said: Hello, is it possible to share March lease MF and residual for 24m/10k and 36m/10k for Flex Limited AWD

    24 month: 0.50% MF and 59% residual.
    36 month: 0.75% MF and 51% residual.

    $3750 lease cash

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • bratvabratva Posts: 16

    what is lease cash? bonus for leasing the car that applies to the price?

  • kyfdxkyfdx Posts: 29,792

    Yes, cash from the manufacturer that you can use to lower the selling price.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • jenirvtjenirvt Posts: 2

    Hi - is it possible to post the March MF and residual for both the 2014 Flex SE 2WD and the SEL 2WD - 36/12K for both? I am not sure if they would be much different than the data posted for the Limited above. Much appreciated!

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