2014 Ford Escape Lease Questions

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  • MichaellMichaell Moderator Posts: 252,947

    @ox1 said:
    Does this sound right and/or should I expect to get a number substanially below this?

    With your numbers, I get a pre-tax payment of $322.48 for 36 months. Are you rolling in the registration and doc fees into the cap cost?

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  • ox1ox1 Member Posts: 4

    @Michaell said:
    With your numbers, I get a pre-tax payment of $322.48 for 36 months. Are you rolling in the registration and doc fees into the cap cost?

    Yes (I think), my final number is $345.05 after tax, but adding doc and registion ( a total of $940) divided by 36 = $26.11. actual payment would then be $371.16, which is real close to the offer I got of $369.

    Guess my question is should I push for much lower or is this a pretty decent deal already? I did get another quote of $391 this morning.

                    Thanks again
    
  • MichaellMichaell Moderator Posts: 252,947

    @ox1 said:
    Thanks again

    Looks like you are getting the base MF, so the only way to decrease the payment is to negotiate a better selling price.

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  • ox1ox1 Member Posts: 4

    @Michaell said:
    Looks like you are getting the base MF, so the only way to decrease the payment is to negotiate a better selling price.

    OK, thats the easy part (for me anyway).

  • MichaellMichaell Moderator Posts: 252,947

    @ox1 said:

    Good luck! Let us know how it all turns out.

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  • trojanfantrojanfan Member Posts: 8

    I know last quarter's lease figures expired yesterday. How soon does Ford update for the new quarter? I'm interested in knowing MF, residual and lease cash for an Escape Titanium 2WD and4WD with the 2.0L ecoboost, 10,500 miles for 24 months and 36 months.

  • MichaellMichaell Moderator Posts: 252,947

    @trojanfan said:
    I know last quarter's lease figures expired yesterday. How soon does Ford update for the new quarter? I'm interested in knowing MF, residual and lease cash for an Escape Titanium 2WD and4WD with the 2.0L ecoboost, 10,500 miles for 24 months and 36 months.

    The dealers probably have the new numbers; we don't, just yet.

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  • deniska1deniska1 Member Posts: 46

    Any updates on the figures for 4WD titanium 2.0 24/10.5 NY...thank you

  • kyfdxkyfdx Moderator Posts: 254,387

    @deniska1 said:
    Any updates on the figures for 4WD titanium 2.0 24/10.5 NY...thank you

    0.25% APR and 63% residual.

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  • deniska1deniska1 Member Posts: 46
    edited July 2014

    @kyfdx said:

    any idea when the 2015 edge will be released?

  • kyfdxkyfdx Moderator Posts: 254,387

    @deniska1 said:
    any idea when the 2015 edge will be released?

    Edmunds says "The 2015 Ford Edge will go on sale in early 2015."

    See the link, here: http://www.edmunds.com/ford/edge/2015/?sub=suv#fullreview

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  • deniska1deniska1 Member Posts: 46
  • deniska1deniska1 Member Posts: 46

    i just realized i mean to ask about the escape not the edge, sorry!! when will 2015 escape model come out

  • kyfdxkyfdx Moderator Posts: 254,387

    @deniska1 said:

    No info available on the 2015 Escape

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  • lauraleex603lauraleex603 Member Posts: 15

    Looking for MF, residual and possible monthly payment for Escape SE AWD in NH. Looking for 36 month, 12k/yr and according to TrueCar - selling price should be around $23,439. Also I know its not advised but planning on $1200 down payment and $4400 in trade (completely planning on buying out the car at the end of the lease)

    Thanks!

  • MichaellMichaell Moderator Posts: 252,947

    @lauraleex603 said:
    Looking for MF, residual and possible monthly payment for Escape SE AWD in NH. Looking for 36 month, 12k/yr and according to TrueCar - selling price should be around $23,439. Also I know its not advised but planning on $1200 down payment and $4400 in trade (completely planning on buying out the car at the end of the lease)

    Thanks!

    1.0% MF and $1500 lease cash. Residual for 36/12 is 56%.

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  • lauraleex603lauraleex603 Member Posts: 15
    edited July 2014

    Michaell , So with those numbers...if the MSRP is $27,705 then the residual at 56% would be $15,514 correct? and MF is .000416? So if my selling price is $23,439 and i just use the $1500 lease cash - I get $194.05/month according to the lease calculator I'm using. Does this sound right? I'm not sure if that seems too low?

  • lauraleex603lauraleex603 Member Posts: 15
    edited July 2014

    @Michaell said:
    1.0% MF and $1500 lease cash. Residual for 36/12 is 56%.

    do you know if my calculations above sound correct?

  • kyfdxkyfdx Moderator Posts: 254,387

    It's possible that your selling price is inclusive of the $1500 lease cash. If not, the your calculations are correct. Assuming the $1500 has already been accounted for, then the payment would be $236.32

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  • lauraleex603lauraleex603 Member Posts: 15

    @kyfdx said:
    It's possible that your selling price is inclusive of the $1500 lease cash. If not, the your calculations are correct. Assuming the $1500 has already been accounted for, then the payment would be $236.32

    Ok thank you! its looking like the Escape might be the best deal out of my top 4, but I still need to test drive each one, which could completely change all my on paper research. Thanks for the help!

  • jett456jett456 Member Posts: 51

    So we just rented one for a trip and my husband loves it. What is the best lease price (northeast) people have gotten for the top of the line model? Thanks.

  • MichaellMichaell Moderator Posts: 252,947

    @jett456 said:
    So we just rented one for a trip and my husband loves it. What is the best lease price (northeast) people have gotten for the top of the line model? Thanks.

    Use the shopping tools at the top of the page to determine the TMV for your area. It will also show any available incentives.

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  • chazjb3chazjb3 Member Posts: 1

    Looking to figure this all out payment wise. Little confused, is MF .000416 or .00042? Looking at buying a Platinum with MSRP at $35,020 for $29,744 including destination. Tax here is 8.4%. 36 mos. at 10k miles. Any calculation geniuses help would be much appreciated. Oh yes, looking to buy ASAP.

  • MichaellMichaell Moderator Posts: 252,947

    @chazjb3 said:
    Looking to figure this all out payment wise. Little confused, is MF .000416 or .00042? Looking at buying a Platinum with MSRP at $35,020 for $29,744 including destination. Tax here is 8.4%. 36 mos. at 10k miles. Any calculation geniuses help would be much appreciated. Oh yes, looking to buy ASAP.

    MF is usually expressed out to 5 decimal places, so .00042.

    AWD or FWD? What state - Ford has provided regional numbers to us.

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  • kyfdxkyfdx Moderator Posts: 254,387

    @chazjb3 said:
    Looking to figure this all out payment wise. Little confused, is MF .000416 or .00042? Looking at buying a Platinum with MSRP at $35,020 for $29,744 including destination. Tax here is 8.4%. 36 mos. at 10k miles. Any calculation geniuses help would be much appreciated. Oh yes, looking to buy ASAP.

    Ford uses APRs, instead of money factors.. .00416 was a previous poster converting the actual 1.0% APR to a money factor, so he could use it in a lease calculator.

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  • Saml007Saml007 Member Posts: 7
    edited August 2014

    Hello.

    Could I please trouble someone for the MF for a 14 Escape Titanium, 2.0T, 10k miles per year, 36 month term in NY?

    Also, is there any indication if the $1500 lease incentive will be offered with a 2015?

    Thank You

  • MichaellMichaell Moderator Posts: 252,947

    @Saml007 said:
    Hello.

    Could I please trouble someone for the MF for a 14 Escape Titanium, 2.0T, 10k miles per year, 36 month term in NY?

    Also, is there any indication if the $1500 lease incentive will be offered with a 2015?

    Thank You

    1.00% MF with $1500 lease cash. 57% RV for 36 month, 10.5 miles per year.

    Unlikely to see the lease cash on the new model year at the moment.

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  • moellamoella Member Posts: 2

    Hello everyone,

    I got offered $366/month before tax on a 15k/year 36 month lease of a 2014 Titanium 4WD. MSRP is 32450, and selling price 30508. Residual of 17787. I was going to put 2k down, and also the 1.5k rebate. I dont know the money factor, but rent charge seems high at 2225.36...good deal or no? Got a shady car salesperson vibe towards the end of talking with dealer, so havent signed yet. Thanks in advance for any advice!

  • moellamoella Member Posts: 2

    Also located in SE Michigan if that matters, thank you.

  • MichaellMichaell Moderator Posts: 252,947

    @moella said:
    Hello everyone,

    I got offered $366/month before tax on a 15k/year 36 month lease of a 2014 Titanium 4WD. MSRP is 32450, and selling price 30508. Residual of 17787. I was going to put 2k down, and also the 1.5k rebate. I dont know the money factor, but rent charge seems high at 2225.36...good deal or no? Got a shady car salesperson vibe towards the end of talking with dealer, so havent signed yet. Thanks in advance for any advice!

    MF is 1.00% (.00042) and 36/15 residual is 54%. When I use those with your MSRP and selling price, I get a pre-tax payment of $380.87 for 36 months.

    $2000 down should decrease your payment by $55 or so, but that isn't something we recommend, as if the vehicle is stolen or totaled, you would be out that money.

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  • vlad_vlad_ Member Posts: 17

    The offers and incentives are a little confusing with Ford.
    Can I use the following offers on top of the $1500 leasing bonus cash when I negociate the net cap for a lease?
    Customer $ Offer – 1000
    Conquest Bonus $ Offer – 1000
    Student/College Grad $ Offer – 500

    Some incentives have a note indicating that they can't be used for a lease but the ones above don't.

    Thank you in advance.

  • MichaellMichaell Moderator Posts: 252,947

    @vlad_ said:
    The offers and incentives are a little confusing with Ford.
    Can I use the following offers on top of the $1500 leasing bonus cash when I negociate the net cap for a lease?
    Customer $ Offer – 1000
    Conquest Bonus $ Offer – 1000
    Student/College Grad $ Offer – 500

    Some incentives have a note indicating that they can't be used for a lease but the ones above don't.

    Thank you in advance.

    Not sure that the customer offer can stack with the lease cash, but I'm pretty sure the other two will.

    What does your dealer have to say?

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  • vlad_vlad_ Member Posts: 17

    I will ask my dealer tonight. I want to do my homework before starting any negociations.
    What are the residual and money factor for FWD SE and Titanium for 36 months / 10k ?
    Thanks

  • MichaellMichaell Moderator Posts: 252,947

    @vlad_ said:
    I will ask my dealer tonight. I want to do my homework before starting any negociations.
    What are the residual and money factor for FWD SE and Titanium for 36 months / 10k ?
    Thanks

    SE - 54%

    Titanium - 55%

    MF is regional this quarter - what state do you live in?

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  • vlad_vlad_ Member Posts: 17

    NC

  • MichaellMichaell Moderator Posts: 252,947

    @vlad_ said:
    NC

    MF is 1.00% for 36 months.

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  • vlad_vlad_ Member Posts: 17

    can that residual percentage change every month? I am looking at a post from June and I see the residual quoted for a Titanium with 36/12 was 57%. Just curious :)

  • MichaellMichaell Moderator Posts: 252,947

    @vlad_ said:
    can that residual percentage change every month? I am looking at a post from June and I see the residual quoted for a Titanium with 36/12 was 57%. Just curious :)

    Ford updates their information quarterly, so the June numbers may have been different than what's available now.

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  • jarevalojarevalo Member Posts: 3

    Hi Guys I am just wondering what are the residuals and Money Factor for a Titanium and an SE in CA. Thanks!

  • jarevalojarevalo Member Posts: 3

    Sorry, FWD on both.

  • jarevalojarevalo Member Posts: 3

    36/12 and 36/15 on both. Thanks!

  • kyfdxkyfdx Moderator Posts: 254,387

    @jarevalo said:
    Hi Guys I am just wondering what are the residuals and Money Factor for a Titanium and an SE in CA. Thanks!
    @jarevalo said:
    Sorry, FWD on both.

    1.00% APR and 54% residual for 36mo, 15K/yr . $1500 lease cash. (for either trim)

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  • vlad_vlad_ Member Posts: 17

    what is the MF and residual for a Titanium (FWD , 1.6L) for 24 months with 10.5k (I live in NC)

  • kyfdxkyfdx Moderator Posts: 254,387

    @vlad_ said:
    what is the MF and residual for a Titanium (FWD , 1.6L) for 24 months with 10.5k (I live in NC)

    0.25% APR and 64% residual. $500 lease cash

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  • lauraleex603lauraleex603 Member Posts: 15

    @kyfdx said:
    It's possible that your selling price is inclusive of the $1500 lease cash. If not, the your calculations are correct. Assuming the $1500 has already been accounted for, then the payment would be $236.32

    It seems no one is active in the Mitsubishi Outlander forums. I was wondering if you had residual and MF for the 2014/2015 Outlander SE AWD , 36 months, 12k/year w MSRP of $27000. Thanks!

  • MichaellMichaell Moderator Posts: 252,947

    @lauraleex603 said:
    It seems no one is active in the Mitsubishi Outlander forums. I was wondering if you had residual and MF for the 2014/2015 Outlander SE AWD , 36 months, 12k/year w MSRP of $27000. Thanks!

    2015 - .00022 and 54%.

    2014 - .00004 and 56%

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  • nickbennickben Member Posts: 43

    Hi! Could you please provide the Residual and Money Factor for a 2014 Ford Escape Titanium 4WD? Looking at a 36 month term with 10K miles per year? This is the 2.0L I4 Ecoboost.

  • MichaellMichaell Moderator Posts: 252,947

    @nickben said:
    Hi! Could you please provide the Residual and Money Factor for a 2014 Ford Escape Titanium 4WD? Looking at a 36 month term with 10K miles per year? This is the 2.0L I4 Ecoboost.

    57% residual.

    What state do you live in? The Ford MF numbers this quarter are regional.

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  • nickbennickben Member Posts: 43

    @Michaell said:
    What state do you live in? The Ford MF numbers this quarter are regional.

    I am in PA - thank you!

  • nickbennickben Member Posts: 43

    @nickben said:
    I am in PA - thank you!

    Also - what is a good % off of MSRP to aim for? I was thinking 7-8% or is that too much? I backed into my dealers rate, and it looks like he is quoting me on full MSRP and also only giving $1,000 incentive - I thought it was $1,500? He quoted me $399/mo + tax in comparison to my calculation coming in at $318/mo + tax ($1,500 incentive, $0 down, 7% off MSRP)? I was using a money factor of .00042 for the above.

    Thanks in advance for the help!

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