2015 Ford Explorer XLT lease questions

susee80susee80 Member Posts: 4
edited December 2014 in Ford
Can anyone help me with a 2015 lease on an explorer XLT with an msrp of 43615.00? I am looking for 36 months or more, and 12 to 15k per year. I have never leased anything not sure exactly how it works. How do I calculate the monthly payment? And how much is typical in fees upfront?

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Answers

  • susee80susee80 Member Posts: 4
    Thanks for the info, can you also give me the APR and residual on 24 months and 10500 miles per year? Does it change anything on 36 months and 12k? Thanks for all the help I almost feel like I can navigate through this process.
  • kyfdxkyfdx Moderator Posts: 197,544
    susee80 said:

    Thanks for the info, can you also give me the APR and residual on 24 months and 10500 miles per year? Does it change anything on 36 months and 12k? Thanks for all the help I almost feel like I can navigate through this process.


    The 36mo, 12K/yr residual is 2% higher than the 15K/yr residual.

    24mo, 10.5K/yr = 0.25% APR and 65% residual.

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  • olimaziolimazi Member Posts: 38
    What is the Money Factor/APR for the Explorer XLT 36 mos. 12k miles.
    Thanks!
  • susee80susee80 Member Posts: 4
    If I decided I wanted to look at the limited model what would it change?
  • kyfdxkyfdx Moderator Posts: 197,544
    olimazi said:

    What is the Money Factor/APR for the Explorer XLT 36 mos. 12k miles.
    Thanks!


    0.75% APR. 55% residual

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  • kyfdxkyfdx Moderator Posts: 197,544
    susee80 said:

    If I decided I wanted to look at the limited model what would it change?


    Residuals are 2% lower on the Limited.

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  • shmikeshmike Member Posts: 39
    edited January 2015
    Can I get MF and residuals for a 2015 XLT and Limited.

    36(or 39) mos. with 12k and 15k per year.

    South FL if location matters.

    Thanks!
  • MichaellMichaell ColoradoModerator Posts: 193,007
    shmike said:

    Can I get MF and residuals for a 2015 XLT and Limited.

    36(or 39) mos. with 12k and 15k per year.

    South FL if location matters.

    Thanks!

    36 month MF is .75%. 39 month MF is 1.0%. $1750 lease cash.

    FWD residuals:

    36/15 - XLT - 52%

    36/15 - Limited - 49%

    Subtract 2% for 39 months. Add 2% for 12K miles per year.

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  • crossover1crossover1 Member Posts: 27
    My dealer stated that there should be new incentives and better lease terms for the Explorer by mid month! Anyone has seen these new figures?
  • MichaellMichaell ColoradoModerator Posts: 193,007

    My dealer stated that there should be new incentives and better lease terms for the Explorer by mid month! Anyone has seen these new figures?

    It's unlikely that we would get any mid-month updates to the lease numbers.

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  • don_caruanadon_caruana Member Posts: 7
    Can someone please let me know what the residual and mf would be on a 2015 Explorer Limited 4x4 for 36 months and 13,500? Also, I saw above there is lease cash, but is that eligible for employees?

    Thanks in advance!!
  • MichaellMichaell ColoradoModerator Posts: 193,007

    Can someone please let me know what the residual and mf would be on a 2015 Explorer Limited 4x4 for 36 months and 13,500? Also, I saw above there is lease cash, but is that eligible for employees?

    Thanks in advance!!

    .75% MF with $1750 lease cash.

    51% residual for 36/13.5K

    If you are getting A-plan pricing, not sure that the lease cash would also apply. Check with your dealer for details.

    If this is X-plan (suppliers, etc.) then I think the lease cash is available.

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  • closer_2001closer_2001 Member Posts: 7
    edited February 2015
    Updated lease program please for January 2015 and any new residuals for Feb 2015...?

    2015 Explorer Sport, 24/15k and 36/15k, money factor and residual?

    Also, anyone who can confirm Ford RCL acquisition fee, security deposit (waiver if avail) and disposition fees?

    Most appreciated.

  • MichaellMichaell ColoradoModerator Posts: 193,007

    Updated lease program please for January 2015 and any new residuals for Feb 2015...?

    2015 Explorer Sport, 24/15k and 36/15k, money factor and residual?

    Also, anyone who can confirm Ford RCL acquisition fee, security deposit (waiver if avail) and disposition fees?

    Most appreciated.

    The Ford numbers are valid through 3/31/15.

    62% and .50% MF

    53% and .75% MF

    $1750 lease cash.

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  • shmikeshmike Member Posts: 39
    Michaell said:

    Updated lease program please for January 2015 and any new residuals for Feb 2015...?

    2015 Explorer Sport, 24/15k and 36/15k, money factor and residual?

    Also, anyone who can confirm Ford RCL acquisition fee, security deposit (waiver if avail) and disposition fees?

    Most appreciated.

    The Ford numbers are valid through 3/31/15.

    62% and .50% MF

    53% and .75% MF

    $1750 lease cash.
    Are those numbers on all trim levels or just the Sport?

    I'm also interested in the XLT and Limited numbers, if different.
  • MichaellMichaell ColoradoModerator Posts: 193,007
    shmike said:

    Michaell said:

    Updated lease program please for January 2015 and any new residuals for Feb 2015...?

    2015 Explorer Sport, 24/15k and 36/15k, money factor and residual?

    Also, anyone who can confirm Ford RCL acquisition fee, security deposit (waiver if avail) and disposition fees?

    Most appreciated.

    The Ford numbers are valid through 3/31/15.

    62% and .50% MF

    53% and .75% MF

    $1750 lease cash.
    Are those numbers on all trim levels or just the Sport?

    I'm also interested in the XLT and Limited numbers, if different.
    The MF and lease cash are the same. Residuals are different based on trim level.

    XLT 4WD - 61% and 52%

    Limited - 59% and 50%

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  • shmikeshmike Member Posts: 39
    Michaell said:

    shmike said:

    Michaell said:

    Updated lease program please for January 2015 and any new residuals for Feb 2015...?

    2015 Explorer Sport, 24/15k and 36/15k, money factor and residual?

    Also, anyone who can confirm Ford RCL acquisition fee, security deposit (waiver if avail) and disposition fees?

    Most appreciated.

    The Ford numbers are valid through 3/31/15.

    62% and .50% MF

    53% and .75% MF

    $1750 lease cash.
    Are those numbers on all trim levels or just the Sport?

    I'm also interested in the XLT and Limited numbers, if different.
    The MF and lease cash are the same. Residuals are different based on trim level.

    XLT 4WD - 61% and 52%

    Limited - 59% and 50%
    Thanks.

    Any change if we go with the FWD?
  • MichaellMichaell ColoradoModerator Posts: 193,007
    shmike said:

    Michaell said:

    shmike said:

    Michaell said:

    Updated lease program please for January 2015 and any new residuals for Feb 2015...?

    2015 Explorer Sport, 24/15k and 36/15k, money factor and residual?

    Also, anyone who can confirm Ford RCL acquisition fee, security deposit (waiver if avail) and disposition fees?

    Most appreciated.

    The Ford numbers are valid through 3/31/15.

    62% and .50% MF

    53% and .75% MF

    $1750 lease cash.
    Are those numbers on all trim levels or just the Sport?

    I'm also interested in the XLT and Limited numbers, if different.
    The MF and lease cash are the same. Residuals are different based on trim level.

    XLT 4WD - 61% and 52%

    Limited - 59% and 50%
    Thanks.

    Any change if we go with the FWD?
    Same residual for XLT; subtract 1% for Limited FWD

    No change in MF

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  • goozergoozer Member Posts: 2
    Hi Michaell. Thanks for your service here - it's very helpful! I'm preparing to approach dealer in GA to lease a 2015 Ford Explorer Limited FWD. MSRP $45,885. Selling price is at invoice $43,231. Then add GA Ad Velorum Tax $2,918 + Acquisition $645 minus Ford Incentive $1,500 for a Net Cap Cost of $45,294.
    What is the current RV and MF for a 36mo/12k lease? What is the monthly payment amount you come up with?
    Again, many thanks!!
  • MichaellMichaell ColoradoModerator Posts: 193,007
    goozer said:

    Hi Michaell. Thanks for your service here - it's very helpful! I'm preparing to approach dealer in GA to lease a 2015 Ford Explorer Limited FWD. MSRP $45,885. Selling price is at invoice $43,231. Then add GA Ad Velorum Tax $2,918 + Acquisition $645 minus Ford Incentive $1,500 for a Net Cap Cost of $45,294.
    What is the current RV and MF for a 36mo/12k lease? What is the monthly payment amount you come up with?
    Again, many thanks!!

    .75% MF and 51% residual.

    With your numbers, I'm showing a payment of $629.42. That ad valorem tax really hurts.

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  • ndfwndfw Member Posts: 13
    May I have the numbers for a 2015 Explorer Limited 4x4 in Indiana please? 36mo (39mo) / 10.5K
  • MichaellMichaell ColoradoModerator Posts: 193,007
    ndfw said:

    May I have the numbers for a 2015 Explorer Limited 4x4 in Indiana please? 36mo (39mo) / 10.5K

    36/10.5 - .75% and 53%

    39/10.5 - 1.00% and 51%

    $1750 lease cash.

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  • ndfwndfw Member Posts: 13
    Michaell said:

    ndfw said:

    May I have the numbers for a 2015 Explorer Limited 4x4 in Indiana please? 36mo (39mo) / 10.5K

    36/10.5 - .75% and 53%

    39/10.5 - 1.00% and 51%

    $1750 lease cash.
    Thanks Michaell! I had seen a 0.6% lease rate on Motortrend but didn't notice that it is for the base trim until now. Appreciate your help in getting the right values for this trim. Is there a big difference in February residuals between 10.5, 12, and 13.5K on this trim?
  • MichaellMichaell ColoradoModerator Posts: 193,007
    ndfw said:

    Michaell said:

    ndfw said:

    May I have the numbers for a 2015 Explorer Limited 4x4 in Indiana please? 36mo (39mo) / 10.5K

    36/10.5 - .75% and 53%

    39/10.5 - 1.00% and 51%

    $1750 lease cash.
    Thanks Michaell! I had seen a 0.6% lease rate on Motortrend but didn't notice that it is for the base trim until now. Appreciate your help in getting the right values for this trim. Is there a big difference in February residuals between 10.5, 12, and 13.5K on this trim?
    Subtract 1% to go from 10.5K to 12K, and 2% to go from 10.5k to 13.5k.

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