Ford Flex Lease Questions

lasvegasrph

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@Edmunds

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
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flexbuyer

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@Edmunds

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
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hakky

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!!

justorey

Car Man do you happen to know the new rates/ residuals for the SEL Flex in Florida?

apowers98

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

Plus confirm current incentives?? (Tri state NY)

Thx

apowers98

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@Edmunds

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
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socalcarfan

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=>

CarMan@Edmunds

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
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lsp2012

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.

mutchinator

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 -

mutchinator

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.

realcul

Carman, can I get the current lease numbers (residual and money factor) for 2013 flex limited and sel models. 3yr 12k lease.

CarMan@Edmunds

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
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lsp2012

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_911

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@Edmunds

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
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kobster

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.

nattylife

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?

kyfdx

The money factor is 1.25%, but I don't have the residuals..

nattylife

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

ep1141

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.

kyfdx

@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.

bratva

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

kyfdx

@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

bratva

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

kyfdx

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

jenirvt

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!

kyfdx

@jenirvt said:
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!

0.75% MF and 48% residual for SE 2WD

0.75% MF and 52% residual for SEL 2WD

$3750 lease cash.

lkg1

Hi. Can you please advise the current MF and residual for both the 2014 Flex SE 2WD and the SEL 2WD - 36/12K for both in California. Any lease cash? Thanks

Michaell

@lkg1 said:
Hi. Can you please advise the current MF and residual for both the 2014 Flex SE 2WD and the SEL 2WD - 36/12K for both in California. Any lease cash? Thanks

MF of 1.0% and $3000 of lease cash for both trim levels.

SE residual - 49% for 36/12

SEL residual - 53% for 36/12

trojanfan

I see Ford is currently advertising a lease special on the 2014 Flex Titanium. It claims $189 per month for 24 months, 10,500 miles per year, and $3,769 cash due at signing. This seems very competitive for a fully loaded vehicle. Can anyone provide the MF, residual, and lease cash for this deal in California? Thanks!

kyfdx

@trojanfan said:
I see Ford is currently advertising a lease special on the 2014 Flex Titanium. It claims $189 per month for 24 months, 10,500 miles per year, and $3,769 cash due at signing. This seems very competitive for a fully loaded vehicle. Can anyone provide the MF, residual, and lease cash for this deal in California? Thanks!

0.50% APR and $3000 lease cash. I don't see a Titanium model listed for residual.

60% residual for SE and Limited models. 62% for SEL model. (all FWD)

trojanfan

Thanks! Sorry, Titanium is a package, not a trim level. The SEL figures were what I needed, so thank you very much!

trojanfan

@kyfdx@Edmunds said:
60% residual for SE and Limited models. 62% for SEL model. (all FWD)

Is it possible to get MF and residual for some other combinations? Maybe 10,500 miles for 36 months, as well as 12,000 miles for 24 and 36? Thank you.

Michaell

@trojanfan said:
Is it possible to get MF and residual for some other combinations? Maybe 10,500 miles for 36 months, as well as 12,000 miles for 24 and 36? Thank you.

MF for 24 months is .50%, MF for 36 months is 1.0%. $3000 lease cash.

Residual values:

SEL FWD 36/10.5 - 54%

SEL FWD 24/12 - 61%

SEL FWD 36/12 - 53%

druproxy

I'm looking to possibly lease a 2013 Limited AWD Flex. Can you please help with MF and Residuals on that (24 and 36 months), and any possible incentives? Would you have any advice with the depreciation and lowered residuals based on year model? Many thanks in advance.

kyfdx

@druproxy said:
I'm looking to possibly lease a 2013 Limited AWD Flex. Can you please help with MF and Residuals on that (24 and 36 months), and any possible incentives? Would you have any advice with the depreciation and lowered residuals based on year model? Many thanks in advance.

We don't have any 2013 lease information for Ford. Sorry.

druproxy

Given that the 2013 is out, could I please have the numbers for a 2014 Limited AWD Flex with Ecoboost? Thank you.

kyfdx

@druproxy said:
Given that the 2013 is out, could I please have the numbers for a 2014 Limited AWD Flex with Ecoboost? Thank you.

1.00% APR and 49% residual for 36mo, 15K/yr.

0.50% APR and 57% for 24mo, 15K/yr.

$3250 lease cash

brizzle

Do u have MF And RV for a 2014 flex limited for SC?

Michaell

@brizzle said:
Do u have MF And RV for a 2014 flex limited for SC?

What lease term and how many miles per year? AWD or 2WD?

brizzle

36/12 2WD

Michaell

@brizzle said:
Do u have MF And RV for a 2014 flex limited for SC? 36/12 2WD

50% and and 1.0% MF

gaewsky1

Could I get the rates for 2014 Flex sel 2wd 36 months/ 12,000 miles for Ohio?
Thanks in advance for the info.

kyfdx

gaewsky1 said:

Could I get the rates for 2014 Flex sel 2wd 36 months/ 12,000 miles for Ohio?
Thanks in advance for the info.

1.00% APR and 52% residual. $3250 lease cash.

kbzon

Hi, may you please advise the current MF and residual for a 2014 Flex SEL AWD 36/12k in New York..

thank you in advance

kyfdx

kbzon said:

Hi, may you please advise the current MF and residual for a 2014 Flex SEL AWD 36/12k in New York..

thank you in advance

1.00% APR and 50% residual. $4000 lease cash