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2016 Lease Feb 2016 Explorer Sport

closer_2001closer_2001 Member Posts: 7
edited February 2016 in Ford


Looking for the MF and residuals on 2016 Explorer Sport
24/15
36/15
Also any details on applicable lease cash would be great. All current loyalty for conquest and loyalty seem limited to lessee customers?
State = TX
Any TX residents get tax credits on Explorer through FMC?
Thnx!

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    MichaellMichaell Moderator Posts: 242,886



    Looking for the MF and residuals on 2016 Explorer Sport
    24/15
    36/15
    Also any details on applicable lease cash would be great. All current loyalty for conquest and loyalty seem limited to lessee customers?
    State = TX
    Any TX residents get tax credits on Explorer through FMC?
    Thnx!

    24/15 - 64%
    36/15 - 55%

    .25% MF and $250 lease cash.

    No idea if FMC offers tax credits on leases in Texas.

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    closer_2001closer_2001 Member Posts: 7
    Updated numbers for April 2016 would be much appreciated...thanks
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    MichaellMichaell Moderator Posts: 242,886

    Updated numbers for April 2016 would be much appreciated...thanks

    What lease term and how many miles per year?

    What state? Ford numbers are regional.

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    closer_2001closer_2001 Member Posts: 7
    24/15, 36/15, Texas, Thanks!
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    MichaellMichaell Moderator Posts: 242,886

    Updated numbers for April 2016 would be much appreciated...thanks

    24/15, 36/15, Texas, Thanks!

    2016 Explorer Sport
    24/15 - 64%
    36/15 - 55%

    .25% MF and $250 lease cash.

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    kyfdxkyfdx Moderator Posts: 239,146

    24/15, 36/15, Texas, Thanks!

    0.25% APR and 64%/55% residual. $250 lease cash

    Same as last quarter

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    chimpondchimpond Member Posts: 12
    @Michaell
    2016 Ford Explorer Sport MSRP $50,565.00 discounted to $48,935. They want $2700 down (New York State) $670 a month for 36 month 15k miles lease.. Seems high to me. Any info would be greatly appreciated. Thanks.
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    MichaellMichaell Moderator Posts: 242,886
    chimpond said:

    @Michaell
    2016 Ford Explorer Sport MSRP $50,565.00 discounted to $48,935. They want $2700 down (New York State) $670 a month for 36 month 15k miles lease.. Seems high to me. Any info would be greatly appreciated. Thanks.

    55% and .25%.

    With your prices, I get $595/mo. Find out what the net cap cost is - if higher than the selling price, what's been added?

    How does the $2700 due at signing break down?

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    chimpondchimpond Member Posts: 12
    @Michaell they have 51,210 for net cap. the $2700 is taxes, fees + 1st payment.
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    MichaellMichaell Moderator Posts: 242,886
    chimpond said:

    @Michaell they have 51,210 for net cap. the $2700 is taxes, fees + 1st payment.

    That takes the payment to $658/mo.

    If you are paying all the taxes and fees up front, why is the net cap so much higher than the selling price? What's being added in?

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    chimpondchimpond Member Posts: 12
    @Michaell not sure but i will look into it. thank so much for helping out.
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    jbfarraayjbfarraay Member Posts: 10
    Hello-
    I am looking for the money factor and RV for the 2106 Ford Explorer Sport in Southern California. thank you!
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    MichaellMichaell Moderator Posts: 242,886
    jbfarraay said:

    Hello-
    I am looking for the money factor and RV for the 2106 Ford Explorer Sport in Southern California. thank you!

    What lease term and how many miles per year?

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    jbfarraayjbfarraay Member Posts: 10
    36/ 12K
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    MichaellMichaell Moderator Posts: 242,886
    jbfarraay said:

    Hello-
    I am looking for the money factor and RV for the 2106 Ford Explorer Sport in Southern California. thank you!

    jbfarraay said:

    36/ 12K

    57% and .25%. $250 lease cash.

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    jbfarraayjbfarraay Member Posts: 10
    .25% is the money Factor or APR - I'm confused. Wouldn't it be .025 for the MF?
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    MichaellMichaell Moderator Posts: 242,886
    jbfarraay said:

    .25% is the money Factor or APR - I'm confused. Wouldn't it be .025 for the MF?

    For some odd reason, Ford uses an APR for their lease calculations. Divide by 2400 to get the true MF as a decimal.

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    jbfarraayjbfarraay Member Posts: 10
    thank you!!!
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    andydcandydc Member Posts: 7
    I am getting a 2016 Explorer Sports with 401a package and twin panel moon roof and captains seat in the middle row with MSRP of 52k for 44500 plus all the other charges ... Out the door for 46.5k. Is this a good deal? I am leaning towards finance but thought I will check with the experts here.

    State is VA
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    MichaellMichaell Moderator Posts: 242,886
    andydc said:

    I am getting a 2016 Explorer Sports with 401a package and twin panel moon roof and captains seat in the middle row with MSRP of 52k for 44500 plus all the other charges ... Out the door for 46.5k. Is this a good deal? I am leaning towards finance but thought I will check with the experts here.

    State is VA

    Sorry, we do not track selling prices.

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