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My F150 lease is up in June. Could you provide the latest MF and Residual for a 16 F150 XLT 4x4 crew cab 3.5L 0r 2.7L in NY. Thanks!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks
Supercrew - 62% and 4.5%
Supercab - 60% and 4.25%
Subtract 3% for 19.5K
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
For the SuperCrew, all trim levels have the same numbers.
Can't predict what will happen over the long holiday weekend.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
All SuperCrews have the same numbers - regardless of trim level or engine choice.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Figure 4% average ...
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I went to the dealership tonight, ready and armed with the info provided here. I was looking at a 2016 KR 4x4 MSRP 62905 with an advertised incentive price of about 10K off. When the salesman went to run the numbers for a 36/15 he came back with $1250/mo w/o taxes. My jaw didn't hit the floor it shattered it...needless to say I was pissed that he thought I was moronic enough to even think about paying that for a 36 mo lease considering I could buy the car outright for about $8K more.
His explanation was that the 'incentives' were mostly for those who finance the truck versus lease and that the price he could give me the lease for was ~$60K, a mere $3K off sticker.
Now, if i run the calculator with an RV of .62 and MF of 4.5% I'm still showing $768 w/o taxes. So, reverse calculating I think he would have had to had the MF at 16% to be at $1250/mo w/o taxes.
So...after an hour or so I've calmed down a bit and have a few questions. 1) Is this typical that the incentives that Ford runs on these trucks are for buying only and that leases don't get the same rebates/discounts? 2) What are the "typical" fees that you pay up front that aren't factored into the lease? and 3) can you return a lease to a different dealership that you purchased it from when it is time to turn the lease in...for example, if i buy in VA but move to CA 1 year later and turn the lease in to a CA Ford dealership at the end of a 3 yr lease?
I know that's a bit much, so I appreciate your patience and feedback!
1) Yes.. many purchase incentives are not valid for leasing
2) I assume Ford has an acquisition fee. Other fees are the same as if you were purchasing.
3) If the lease is through Ford Credit, you can probably turn it in to any Ford dealership that agrees to take it. Using your example, you might be paying more sales tax, though. In VA, they collect the tax upfront, but California taxes the monthly payment. Whether you pay the tax upfront, or roll it into the CAP cost, your resulting VA lease payment has no tax in the payment. Once you move to CA, the bank will start collecting CA tax on that payment monthly.
You are right about the calculations though.. The dealership was just trying to see if you were deficient in math skills.
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While there are many improvements with the new software, keeping a list like that is no longer possible, and it's sort of killed the Prices Paid discussions.
For some reason, it hasn't hurt the Lease Questions discussion. (I think because it's hard to get this sort of info, otherwise).
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No 2017 lease numbers available yet, but I doubt they will be much different.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Add 3% for 10,500 miles per year.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Same numbers for all SuperCrews
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Calif Tax where I live is 9.5% - I've asked for a break down but was told I have to pay tax on the price before rebates. I still don't see how a 31,000 vehicle can balloon to $39,000 OTD Persoanlly I think I should shoot for $10k off MSRP and settle for nothing less than $9k off.
Anyone think $10k off MSRP on a $40,000 F150 is reasonable?
On a lease in CA, you only pay tax on the monthly rebates, as well as on any incentives.
If this is a purchase, ask for a breakdown of everything that takes the $31K selling price back up to $39K. Yes, tax is some of it, but only $3K or so. Dealer has another $5K to explain.
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Once you enter that info, look down the left-hand side of the page for the box that says:
"Didn't find what you were looking for?", and click there.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
4.50% APR and 64%/62% residual
For either model.
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If so, the 36/15 numbers are standard MF of 5-6% and 55%. Add 2% for 12k. Extra miles are charged at .15-.25 per mile and deducted from the 15k residual.
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