2017 Ford Explorer Lease Deals and Prices

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  • alohajeffalohajeff Member Posts: 12
    kyfdx said:

    alohajeff said:

    alohajeff said:

    Plan is to pay all fees at signing. I'd need to go back and ask if what fee are included.  On the worksheet I was given it just listed the 44,391 first, then rebates, fees etc. had amounts for 0 down =565, 5000 down= 419, 2500 down= 492.

    I see what the problem is. They rolled up all fees into the cap cost + they have a 3%MF. I assume the MF is negotiable?
    Just about the whole country has 0.25% APR, but Hawaii could be higher, or the dealer could be marking it up, due to lack of competition. We don't have the actual numbers for Hawaii.
    So I went to another dealer and yes the MF is .25. So here is what was negotiated on an XLT MSRP $41,285, Net Cap $36,585. $0 Down, All fees up front. Due at signing $1800. $407 monthly. Is this a good deal?
  • kyfdxkyfdx Moderator Posts: 191,301
    alohajeff said:



    kyfdx said:

    alohajeff said:

    alohajeff said:

    Plan is to pay all fees at signing. I'd need to go back and ask if what fee are included.  On the worksheet I was given it just listed the 44,391 first, then rebates, fees etc. had amounts for 0 down =565, 5000 down= 419, 2500 down= 492.

    I see what the problem is. They rolled up all fees into the cap cost + they have a 3%MF. I assume the MF is negotiable?
    Just about the whole country has 0.25% APR, but Hawaii could be higher, or the dealer could be marking it up, due to lack of competition. We don't have the actual numbers for Hawaii.
    So I went to another dealer and yes the MF is .25. So here is what was negotiated on an XLT MSRP $41,285, Net Cap $36,585. $0 Down, All fees up front. Due at signing $1800. $407 monthly. Is this a good deal?
    That looks really good. 36/10, right?

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  • alohajeffalohajeff Member Posts: 12
    Yes, that's correct. Going in tomorrow so hopefully no funny business. Will report back
  • george516george516 Member Posts: 3
    Looking to lease a 2017 Explorer Limited with 303a package.   12/36 month.   Long Island New York area.  Could you tell me about how much I would be paying per month?
  • Prldecivic007Prldecivic007 Member Posts: 23
    I am looking at a 2017 Explorer Sport. MSRP is 46k but their online price is $39,815. They said money factor is .25% and residual is 53%? What should I expect my payments to be? I am located in Virginia.
  • Prldecivic007Prldecivic007 Member Posts: 23
    forgot to mention looking at a 36month 15k miles/yr
  • kyfdxkyfdx Moderator Posts: 191,301
    george516 said:

    Looking to lease a 2017 Explorer Limited with 303a package.   12/36 month.   Long Island New York area.  Could you tell me about how much I would be paying per month?

    Would need the MSRP and a proposed selling price.

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  • kyfdxkyfdx Moderator Posts: 191,301

    I am looking at a 2017 Explorer Sport. MSRP is 46k but their online price is $39,815. They said money factor is .25% and residual is 53%? What should I expect my payments to be? I am located in Virginia.

    forgot to mention looking at a 36month 15k miles/yr

    Those numbers are correct for 36/15.

    If that price is good for a lease (some incentives are for purchase only), then $435/mo, assuming all other costs are paid upfront.

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  • george516george516 Member Posts: 3
    Looking to lease a 2017 Explorer Limited with 303a package.   12/36 month.   Long Island New York area.  Could you tell me about how much I would be paying per month? Msrp 46770.  Figuring about 44900 selling price.  Thanks
  • MichaellMichaell ColoradoModerator Posts: 186,603
    george516 said:

    Looking to lease a 2017 Explorer Limited with 303a package.   12/36 month.   Long Island New York area.  Could you tell me about how much I would be paying per month? Msrp 46770.  Figuring about 44900 selling price.  Thanks

    52% and .25%

    With your prices, I get $579/mo plus tax.

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  • rob_1974rob_1974 PennsylvaniaMember Posts: 5
    Can I please have the numbers for 2017 Ford Explorer XLT 4WD 36/12, 36/15 and 36/19 in Pennsylvania? Thank you!
  • MichaellMichaell ColoradoModerator Posts: 186,603
    rob_1974 said:

    Can I please have the numbers for 2017 Ford Explorer XLT 4WD 36/12, 36/15 and 36/19 in Pennsylvania? Thank you!

    36/15 - 52% and .25%

    Add 2% for 12K; subtract 3% for 19.5K

    $1750 lease cash

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  • three50bowtiethree50bowtie Member Posts: 24
    Need some help...about to go to the dealer in Southern California zip 91325. Here is the quote I have now. Should I pull the trigger? Credit Score is 735

    Here is a quote on an Explorer Sport
    MSRP 46,300
    Selling price 44,000 (400 below factory invoice)
    Residual 55% of MSRP
    10.5K miles per year
    1,500 Start up fees
    36 month lease (35 payments left)
    470.32 Per Month (plus Tax)
    511.47 (including tax)
  • buyingsuvbuyingsuv Member Posts: 3
    Dallas, TX. 

    XLT 
    MSRP 40,495
    We're at 35,456 Cap cost already. Trying to negotiate down. 
    They keep wanting to steer direction away from price and to payments. 
    dont want to pay TT&T 
    For 39 months, 39,000 miles lease. 
    With current incentives, what's reasonable to expect? $375 too aggressive?
    im thinking too end should be $399. 
    Thoughts?
  • kyfdxkyfdx Moderator Posts: 191,301

    Need some help...about to go to the dealer in Southern California zip 91325. Here is the quote I have now. Should I pull the trigger? Credit Score is 735

    Here is a quote on an Explorer Sport
    MSRP 46,300
    Selling price 44,000 (400 below factory invoice)
    Residual 55% of MSRP
    10.5K miles per year
    1,500 Start up fees
    36 month lease (35 payments left)
    470.32 Per Month (plus Tax)
    511.47 (including tax)

    0.25% APR and 56% residual.
    $1750 lease cash.

    If I deduct the lease cash, I'm within $3/mo. of that number, using the 55% residual.

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  • kyfdxkyfdx Moderator Posts: 191,301
    buyingsuv said:

    Dallas, TX. 

    XLT 
    MSRP 40,495
    We're at 35,456 Cap cost already. Trying to negotiate down. 
    They keep wanting to steer direction away from price and to payments. 
    dont want to pay TT&T 
    For 39 months, 39,000 miles lease. 
    With current incentives, what's reasonable to expect? $375 too aggressive?
    im thinking too end should be $399. 
    Thoughts?

    0.50% APR and 52% residual
    buyingsuv said:

    Dallas, TX. 

    XLT 
    MSRP 40,495
    We're at 35,456 Cap cost already. Trying to negotiate down. 
    They keep wanting to steer direction away from price and to payments. 
    dont want to pay TT&T 
    For 39 months, 39,000 miles lease. 
    With current incentives, what's reasonable to expect? $375 too aggressive?
    im thinking too end should be $399. 
    Thoughts?

    Is that the adjusted CAP cost, including tax, etc?

    I get $355/mo, just using that number, but that doesn't include tax, fees, etc. (unless it does).

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  • sml1983sml1983 Member Posts: 7
    edited January 2017
    Can I please have the MF and residual for a 2017 Explorer Base Model (36/12k & 36/13.5k) and XLT model (36/12k & 36/13.5k) in Georgia 30144. Also include any lease incentives.
    Thanks.
  • kyfdxkyfdx Moderator Posts: 191,301
    sml1983 said:

    Can I please have the MF and residual for a 2017 Explorer Base Model (36/12k & 36/13.5k) and XLT model (36/12k & 36/13.5k) in Georgia 30144. Also include any lease incentives.
    Thanks.

    36/12:
    52%/53% residual for Base/XLT
    Subtract 1% for 13.5K/yr
    0.25% APR and $2250 lease cash

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  • nomad317nomad317 Member Posts: 109
    Checking on mf/res on 2017 AWD XLT & Limited 36/12 in Indiana. As well as any lease incentives. Thanks!
  • curragecurrage Member Posts: 16
    Can you please provide the MF and residuals (36/12k) for the 2017 Explorer Platinum 4WD in the SE region?
  • kyfdxkyfdx Moderator Posts: 191,301
    nomad317 said:

    Checking on mf/res on 2017 AWD XLT & Limited 36/12 in Indiana. As well as any lease incentives. Thanks!

    0.25% APR and 53%/51% residual for XLT/Plat.
    $2250 lease cash

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  • kyfdxkyfdx Moderator Posts: 191,301
    currage said:

    Can you please provide the MF and residuals (36/12k) for the 2017 Explorer Platinum 4WD in the SE region?

    0.25% APR and 51% residual
    $2250 lease cash

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  • cb_explorer80cb_explorer80 Member Posts: 7
    MF and residuals for 2017 Explorer XLT AWD, 36/10.5k lease. Pennsylvania
  • kyfdxkyfdx Moderator Posts: 191,301

    MF and residuals for 2017 Explorer XLT AWD, 36/10.5k lease. Pennsylvania

    0.25% APR and 54% residual.
    $2250 lease cash

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  • jrose29jrose29 Member Posts: 5
    edited January 2017
    Do you have the residuals and MF for 2017 Explorer AWD 36months/18k and 39months/18k i am in Southern New Jersey 08075. Thanks!
  • kyfdxkyfdx Moderator Posts: 191,301
    jrose29 said:

    Do you have the residuals and MF for 2017 Explorer AWD 36months/18k and 39months/18k i am in Southern New Jersey 08075. Thanks!

    Which trim level?

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  • jrose29jrose29 Member Posts: 5
    edited January 2017
    Base Model, Thanks!
  • kyfdxkyfdx Moderator Posts: 191,301
    jrose29 said:

    Do you have the residuals and MF for 2017 Explorer AWD 36months/18k and 39months/18k i am in Southern New Jersey 08075. Thanks!

    jrose29 said:

    Base Model, Thanks!

    0.25% APR and 47% residual
    0.50% APR and 45% residual
    $2250 lease cash

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  • dylrexdylrex Member Posts: 82
    Hello. Can you please provide the MF and residual for 36/15k for the 2017 Explorer XLT 4WD in the Northern KY, Cincinnati area? Thank you in advance.
  • sirpoochiesirpoochie Member Posts: 1
    I'm looking for the MF and residual for a 36/12k lease for a 2017 Explorer Plat in MD. Thanks so much!
  • kyfdxkyfdx Moderator Posts: 191,301
    dylrex said:

    Hello. Can you please provide the MF and residual for 36/15k for the 2017 Explorer XLT 4WD in the Northern KY, Cincinnati area? Thank you in advance.

    0.25% APR and 51% residual.
    $2250 lease cash

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  • kyfdxkyfdx Moderator Posts: 191,301

    I'm looking for the MF and residual for a 36/12k lease for a 2017 Explorer Plat in MD. Thanks so much!

    0.25% APR and 51% residual.
    $2250 lease cash

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  • mwolf88mwolf88 Member Posts: 18
    Can I get the Boston Massachusetts residual and MF for a 2016 & 2017 Ford Explorer XLT 4X4 for 36/12, please? Any lease cash or other incentive? Thank you
  • kyfdxkyfdx Moderator Posts: 191,301
    mwolf88 said:

    Can I get the Boston Massachusetts residual and MF for a 2016 & 2017 Ford Explorer XLT 4X4 for 36/12, please? Any lease cash or other incentive? Thank you

    2017: 0.25% APR and 53% residual
    $2250 lease cash

    The 2016 discussion is here:
    https://forums.edmunds.com/discussion/35591/ford/explorer/2016-ford-explorer-lease-questions#latest

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  • racheld1racheld1 Member Posts: 3
    Hi, I am looking for the residual and MF on a 2017 Explorer Limited 36/12k lease in Colorado. Thanks!! :)
  • kyfdxkyfdx Moderator Posts: 191,301
    racheld1 said:

    Hi, I am looking for the residual and MF on a 2017 Explorer Limited 36/12k lease in Colorado. Thanks!! :)

    0.25% APR and 51% residual.
    $2250 lease cash

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  • racheld1racheld1 Member Posts: 3
    kyfdx said:

    racheld1 said:

    Hi, I am looking for the residual and MF on a 2017 Explorer Limited 36/12k lease in Colorado. Thanks!! :)

    0.25% APR and 51% residual.
    $2250 lease cash
    Thank you! Do the MFs and Rs change monthly?
  • kyfdxkyfdx Moderator Posts: 191,301
    racheld1 said:

    kyfdx said:

    racheld1 said:

    Hi, I am looking for the residual and MF on a 2017 Explorer Limited 36/12k lease in Colorado. Thanks!! :)

    0.25% APR and 51% residual.
    $2250 lease cash
    Thank you! Do the MFs and Rs change monthly?
    Ford residuals adjust quarterly.

    The other programs update monthly, but that doesn't necessarily mean they have to change.

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  • casper3725casper3725 Member Posts: 2
    Hello, do you have the lease residuals and MF for a 2017 Explorer XLT at 39months/10.5k ? I am in Tampa, Florida. Thank you very much!
  • MichaellMichaell ColoradoModerator Posts: 186,603

    Hello, do you have the lease residuals and MF for a 2017 Explorer XLT at 39months/10.5k ? I am in Tampa, Florida. Thank you very much!

    52% and .50%

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  • kyfdxkyfdx Moderator Posts: 191,301
    Michaell said:

    Hello, do you have the lease residuals and MF for a 2017 Explorer XLT at 39months/10.5k ? I am in Tampa, Florida. Thank you very much!

    52% and .50%
    $2250 lease cash

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  • jgoal5577jgoal5577 Member Posts: 3
    Hello...can you please provide January lease rates for a Ford Explorer Sport, 12k, 36mo (or 39 if better), in Florida?
  • kyfdxkyfdx Moderator Posts: 191,301
    jgoal5577 said:

    Hello...can you please provide January lease rates for a Ford Explorer Sport, 12k, 36mo (or 39 if better), in Florida?

    0.25% APR and 54% residual for 36/12
    0.50% APR and 52% residual for 39/12.

    $2250 lease cash

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  • joshthenursejoshthenurse Member Posts: 8
    edited January 2017
    Hey! Would like to know the residual and money factor on a 2017 Ford Explorer Limited V-6 AWD with the 300A package. MSRP is $47,430, sale price is $43,070. Any chance you'd be able to tell me what a reasonable payment would be with $0 down, 36 months, 12,000 miles per year. This is in Connecticut. Thanks!!
  • MichaellMichaell ColoradoModerator Posts: 186,603

    Hey! Would like to know the residual and money factor on a 2017 Ford Explorer Limited V-6 AWD with the 300A package. MSRP is $47,430, sale price is $43,070. Any chance you'd be able to tell me what a reasonable payment would be with $0 down, 36 months, 12,000 miles per year. This is in Connecticut. Thanks!!

    51% and .25%. $2250 lease cash.

    If the sale price is the cap cost, I get a payment of $531/mo before tax.

    That assumes you pay all fees and such at signing.

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  • leasexplorerleasexplorer Member Posts: 1
    I have my '17 Explorer XLT 4WD on order in CT, price has already been negotiated. Looking to keep the dealer honest!

    What is the money factor and residual for a 36 month, 15k miles per year lease? If I decide I need more miles, what is the cost per mile up front compared to at lease end?
  • kyfdxkyfdx Moderator Posts: 191,301

    I have my '17 Explorer XLT 4WD on order in CT, price has already been negotiated. Looking to keep the dealer honest!

    What is the money factor and residual for a 36 month, 15k miles per year lease? If I decide I need more miles, what is the cost per mile up front compared to at lease end?

    0.25% APR and 51% residual.
    $2250 lease cash

    Ford actually has mileage tiers every 1500/yr.

    For 16.5K/yr, subtract 1%
    For 18K/yr, subtract 2%

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  • psx4159psx4159 Member Posts: 16

    Can you somebody review this quote and help me understand if this quote is correct for a 2017 Sport, MSRP 46000, Selling price 41555. Thank you very much.
  • pcwunlvpcwunlv Member Posts: 33
    MF and Residual for Limited Trim, FWD, 36/12 and 39/12 in Nevada? Thanks!!!
  • MichaellMichaell ColoradoModerator Posts: 186,603
    psx4159 said:


    Can you somebody review this quote and help me understand if this quote is correct for a 2017 Sport, MSRP 46000, Selling price 41555. Thank you very much.

    36/10.5 on the 2017 Sport is 55% and .25

    Using the MSRP and calculate the adjusted cap cost as: selling price + tax + capped fee, I get a payment of $495/mo.

    Ask the dealer what cap cost they are using to get the $539/mo payment. Might be something hidden in there - acquisition fee, perhaps?

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