2015 Ford Edge Lease Questions

cnote2

thanks, jumped on deal for an awd sport 47280 at 500m with tax with nothing due at signing. not bad. thanks again for the numbers.

Michaell

cnote2 said:

thanks, jumped on deal for an awd sport 47280 at 500m with tax with nothing due at signing. not bad. thanks again for the numbers.

Congrats!

erdoran

Is it possible to buy lease excess wear & tear directly from a company WITHOUT going through a dealership and paying their inflated price? How about tire & wheel protection? Paragon motor club used to sell t&w directly but even though it's on their website, they say they no longer sell it.

If available for direct purchase, could you please point me in the right direction? Thanks.

Michaell

erdoran said:

Is it possible to buy lease excess wear & tear directly from a company WITHOUT going through a dealership and paying their inflated price? How about tire & wheel protection? Paragon motor club used to sell t&w directly but even though it's on their website, they say they no longer sell it.

If available for direct purchase, could you please point me in the right direction? Thanks.

I'm not aware of any third party companies that offer these services.

If you take care of your car, you shouldn't need the extra protection packages. I've leased several cars and never had any excess wear charged at the end of the lease.

cnote2

47280, 4100 dealer discount, 3250 lease incentives. adjusted cap with acq fee of 645 was 40575 .5 rate, 52% residual, 9% pa tax. sorry didn't literally mean nothing at signing, just the first month payment.

shadowbox

cnote2 said:

47280, 4100 dealer discount, 3250 lease incentives. adjusted cap with acq fee of 645 was 40575 .5 rate, 52% residual, 9% pa tax. sorry didn't literally mean nothing at signing, just the first month payment.

What were the lease incentives for $3250. I thought the cash on the 2015 was $2750?
Thanks!

cnote2

500 conquest

Michaell

mdubdroid2 said:

even based on dealer website and pricing..is there any reason to think i couldnt get this monthly pymt to start before further negotiations?

http://www.billbrandtford.com/Brentwood/For-Sale/New/Ford/Edge/2015-Titanium-Silver-SUV/45507444/

msrp 41,695
dealer discount -2599
ford offer -450
conditional offer -1000
current ford mfr incentives -2750
rcl renewal -250
= $34,646

im getting ~$403/mth, using 52% res, .5% mf, 8.5% tax. i have a pin for x plan pricing, but im sure they arent giving that dealer discount on top of x plan pricing, so this looks to be a better deal at first glance.

not too easy finding a 15 Titanium w/only 302A pkg, and not a bunch of extras thrown in.

thanks in advance!!

I get the same payment you do.

Not sure how x-plan pricing and incentives work .. can't hurt to ask what can or can't be combined.

The fact that you are looking for a specific trim level and option list puts you at a disadvantage.

kyfdx

mdubdroid2 said:

How's this sound?
15 sport FWD w/401a pkg, bronze fire ext, $43,090 MSRP
2672 dealer discount
1450 financing offers
2750 Ford mftr rebate
750 addtl disc for qualified returning lease

Using the .5% MF, 53% residual for 12k miles for $415/mth?
Comes to $394 really , but I guess cuz of the rebates not straight deduction etc, so using that $394 as my baseline + tax. Which at 8.5% comes to $427. 

Thoughts? This comes out cheaper than the Titanium model I was getting quoted at $403 + tax. 

Thanks! 

If I subtract all those discounts/rebates from the MSRP, I get $35,468. Using that as the CAP cost, and converting the 0.50% APR to .00021 MF, then $363/mo.+tax.

That doesn't account for any other charges that might be added.

However, any of the payments you mention are pretty good for a $43K MSRP vehicle.

edwardc6

Money factor and residual for 12/24 and 12/36, Southern California. 2015 Edge Sport FWD.

edwardc6

mdubdroid2: I'm being told the $1,950 ford offer is for purchases. If leasing, the $3250 rebate is applied instead. The dealers I've spoken to have offered closer to $3600 off sticker (plus rebate) but it required me to leave and get the phone offer. If you are in the Southern CA area, check out Villaford.com They have 3 bronze with big discounts. Tuttle Click is offering a good price too.

kyfdx

edwardc6 said:

Money factor and residual for 12/24 and 12/36, Southern California. 2015 Edge Sport FWD.

69%/52% residual. 0.50% APR and $2000 lease cash

spoonzus8

Hey guys! In Ohio here, what is the residuals & MF on the 2015 & 2016 Ford Edge Sport AWD 36/10, 36/12 and 36/15? Lease cash for April? Thank you!

mdubdroid3

looking at the deeply discounted 15s again..can i get May #s for Titanium/Sport both FWD/RWD on 36/12 with incentives? Is it $3k lease cash + 3500 RCL? thanks!

gregoire1012

Same goes for me. I am looking at the big discounts on the 15's. Can you tell me what the RV/MF for 24/10.5 and 36/10.5 for the 15 and 16 Edge Sports in Washington. Thanks for your help.

kyfdx

mdubdroid3 said:

looking at the deeply discounted 15s again..can i get May #s for Titanium/Sport both FWD/RWD on 36/12 with incentives? Is it $3k lease cash + 3500 RCL? thanks!

Which state?

kyfdx

gregoire1012 said:

Same goes for me. I am looking at the big discounts on the 15's. Can you tell me what the RV/MF for 24/10.5 and 36/10.5 for the 15 and 16 Edge Sports in Washington. Thanks for your help.

FWD or AWD?

mdubdroid3

kyfdx said:

looking at the deeply discounted 15s again..can i get May #s for Titanium/Sport both FWD/RWD on 36/12 with incentives? Is it $3k lease cash + 3500 RCL? thanks!

Which state?

CA. Thanks!

gregoire1012

Sorry...AWD in Washington state,,,Thanks again

airmoss18

Hey kyfdx, looking to verify some lease numbers in MN for a 2015 AWD Edge Sport.

Should I still expect $2750 in base lease rebates + $500 lease conquest = $3250?
Money factor at .5% (.00021)?
The dealer told me their buy rate is .75%, but that sounds like it is almost certainly not the case.
36-month, 12k miles/year residual at 53%?
(Also curious to know if Ford has a 39-month lease that might be worth considering. If so, please let me know the residual for that term)

I also coincidentally received an email from Ford this evening for a "Ford Exclusive $750 Cash Private Offer" that I can use at any dealership if I buy an Edge before the end of May; my dealership already told me that it is legit and I believe it can be added to the other $3250 for a total of $4000 in rebates/incentives.

If rebates/incentives are up to $4,000 my cap cost should be down to $40,442 on a MSRP of $48,775.
No cap cost reduction
Plates and fees = $735 (pay at signing along with first month's payment)
MN tax is 7.125%

Monthly lease payment should be about $471, correct?

Thanks in advance!

kyfdx

airmoss18 said:

Hey kyfdx, looking to verify some lease numbers in MN for a 2015 AWD Edge Sport.

Should I still expect $2750 in base lease rebates + $500 lease conquest = $3250?
Money factor at .5% (.00021)?
The dealer told me their buy rate is .75%, but that sounds like it is almost certainly not the case.
36-month, 12k miles/year residual at 53%?
(Also curious to know if Ford has a 39-month lease that might be worth considering. If so, please let me know the residual for that term)

I also coincidentally received an email from Ford this evening for a "Ford Exclusive $750 Cash Private Offer" that I can use at any dealership if I buy an Edge before the end of May; my dealership already told me that it is legit and I believe it can be added to the other $3250 for a total of $4000 in rebates/incentives.

If rebates/incentives are up to $4,000 my cap cost should be down to $40,442 on a MSRP of $48,775.
No cap cost reduction
Plates and fees = $735 (pay at signing along with first month's payment)
MN tax is 7.125%

Monthly lease payment should be about $471, correct?

Thanks in advance!

Residuals are still 53%, but we don't show any lease APRs or lease cash for the 2015 model.

39 month residual is 3% lower.

I get $426/mo.+tax using your numbers.

airmoss18

kyfdx

airmoss18 said:

That looks correct. Your CAP cost is $500 higher in that post than the one before.

airmoss18

kyfdx-
I'm not sure how you came up with that $426 number, but here is what I think the final deal should look like; if you can confirm that these look accurate, I'd appreciate it (even though you mentioned that you had no insight into lease rebates or money factor for the 2015 Edge Sport):
MSRP: $48,775
Initial cap cost: $44,442
Ford rebates: $3500
Adjusted cap cost: $40,942

Money factor: .75% (.00031)
Term; 36 months
Miles: 36000
Residual: 53% ($25,851)
MN tax: 7.125%

Monthly payment: ($440.25 + $31.42 tax) = $471.67

Does that look correct to you?

kyfdx

airmoss18 said:

kyfdx-
I'm not sure how you came up with that $426 number, but here is what I think the final deal should look like; if you can confirm that these look accurate, I'd appreciate it (even though you mentioned that you had no insight into lease rebates or money factor for the 2015 Edge Sport):
MSRP: $48,775
Initial cap cost: $44,442
Ford rebates: $3500
Adjusted cap cost: $40,942

Money factor: .75% (.00031)
Term; 36 months
Miles: 36000
Residual: 53% ($25,851)
MN tax: 7.125%

Monthly payment: ($440.25 + $31.42 tax) = $471.67

Does that look correct to you?

I got that number using the numbers in your original post.

0.50% APR and 40,442 CAP cost.

Using the numbers in your subsequent post, I also get $471 (as I noted in my last post).

PF_Flyer

A reporter is looking to speak with car shoppers who recently purchased a truck or SUV instead of a coupe or sedan because they were influenced (at least in part) by today's low gas prices. If this sounds like your experience and you're willing to help, please contact [email protected] by no later than May 24, 2016.

bimmerwall

MF/Residual for 24/12 2015 Ford Edge AWD SEL in So Cal? Is it close to that 69% you posted back in May?

kyfdx

bimmerwall said:

MF/Residual for 24/12 2015 Ford Edge AWD SEL in So Cal? Is it close to that 69% you posted back in May?

Ford no longer offers a lease program for 2015 models.