2017 Ford Explorer Lease Deals and Prices

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  • rmbaron15rmbaron15 Member Posts: 2
    edited May 2017
    Hi, 440/month (incl tax) lease with $1,000 down (first months payment+fees) for Explorer XLT AWD in Ohio 36/12k

    msrp 44,705
    Negotiated 39,505

    Reasonable monthly payment? 

    Thanks!
  • ad10ad10 Member Posts: 17
    Hello. May I please get the money factor and residual on an explorer XLT awd. 36/12k. Also what is the acquisition fee that ford charges.
    Thank you very much.
  • MichaellMichaell Moderator Posts: 264,665
    rmbaron15 said:

    Hi, 440/month (incl tax) lease with $1,000 down (first months payment+fees) for Explorer XLT AWD in Ohio 36/12k

    msrp 44,705
    Negotiated 39,505

    Reasonable monthly payment? 

    Thanks!

    53% and .50%

    With your prices, I get $452/mo

    Your quote looks good by comparison

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  • MichaellMichaell Moderator Posts: 264,665
    ad10 said:

    Hello. May I please get the money factor and residual on an explorer XLT awd. 36/12k. Also what is the acquisition fee that ford charges.
    Thank you very much.

    What state? Ford numbers are regional.

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  • ad10ad10 Member Posts: 17

    Michaell said:

    Hello. May I please get the money factor and residual on an explorer XLT awd. 36/12k. Also what is the acquisition fee that ford charges.
    Thank you very much.


    What state? Ford numbers are regional.


    Sorry. Pennsylvania.
  • MichaellMichaell Moderator Posts: 264,665
    ad10 said:



    Michaell said:


    ad10 said:

    Hello. May I please get the money factor and residual on an explorer XLT awd. 36/12k. Also what is the acquisition fee that ford charges.
    Thank you very much.



    What state? Ford numbers are regional.


    Sorry. Pennsylvania.

    52% and .50%

    $2750 lease cash

    $595 acquisition fee

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  • jmald4425jmald4425 Member Posts: 21
    Hi...in NY and getting a lease on an Explorer XLT with MSRP of $47,100 less the Equip discount of $800. Terms are 36month 10.5miles and only putting down first month and DMV fees...no other money down, taxes are rolled in. Dealer is saying the monthly payment is $482...while this is great, it sounds to good to be true when others are between 507-529. please advise.
  • kyfdxkyfdx Moderator Posts: 267,684
    jmald4425 said:

    Hi...in NY and getting a lease on an Explorer XLT with MSRP of $47,100 less the Equip discount of $800. Terms are 36month 10.5miles and only putting down first month and DMV fees...no other money down, taxes are rolled in. Dealer is saying the monthly payment is $482...while this is great, it sounds to good to be true when others are between 507-529. please advise.

    Without the selling price and adjusted CAP cost, we'd just be guessing.

    So, you are shopping for the best price, and when you get it, you worry about it? ;)

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  • tessie_winstessie_wins Member Posts: 6
    Got a True Car quote for Explorer Sport AWD with an MSRP of $53,520 for $43,316 which includes all rebates, destination and dealer processing fee. Any reason I can use this number as our agreed on sales price, take the residual of a 36/12 lease on a Sport to determine the amount financed? What is the residual for this model and MF for someone with a 720 Equifax score?
  • rmcrierrmcrier Member Posts: 35
    edited May 2017
    Hi do you have the MF and RV for the Ltd and Platinum FWD and AWD in Northern VA? 36/12 or 39/10.5 term.
  • rmcrierrmcrier Member Posts: 35
    36/12 or 39/10.5 term.
  • kyfdxkyfdx Moderator Posts: 267,684

    Got a True Car quote for Explorer Sport AWD with an MSRP of $53,520 for $43,316 which includes all rebates, destination and dealer processing fee. Any reason I can use this number as our agreed on sales price, take the residual of a 36/12 lease on a Sport to determine the amount financed? What is the residual for this model and MF for someone with a 720 Equifax score?

    53% residual.

    Seems likely that the price includes rebates that won't be applicable to a lease.

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  • kyfdxkyfdx Moderator Posts: 267,684
    rmcrier said:

    Hi do you have the MF and RV for the Ltd and Platinum FWD and AWD in Northern VA? 36/12 or 39/10.5 term.

    First, why would you need different annual mileage allowances, depending on the length of term?

    0.50% APR and 50% (36/12) or 49% (39/10.5) residual.
    $2750 lease cash

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  • rmcrierrmcrier Member Posts: 35
    edited May 2017
    Just thinking the MF or RV would be different for the lower mileage.  Were those numbers for the Ltd or Platinum (or both)?
  • MichaellMichaell Moderator Posts: 264,665
    rmcrier said:

    Just thinking the MF or RV would be different for the lower mileage.

    MF is dependent on the lease term; RV will vary based on the number of miles you need.

    Get the number of miles you think you'll drive, regardless of lease length.

    For 36/12, you'll get 36,000 total miles; for 39/10.5, you'll get just over 34,000 miles.

    Which is closer to what you'll think you'll drive?

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  • azafirovazafirov Member Posts: 12
    Hi Michaell, what do you say to this deal ( Chicago):
    2017 Explorer Sport, MSRP $52,250. Sale Price $48,500. Fees: $394. taxes: $4849. Rebate:$1000. Total financed (no money down): $52,542. 60 months x $876 to buy. what would the lease payment be for 36 or 39 month term ( can be 10,000 miles or lower)? thank you sir!
  • MichaellMichaell Moderator Posts: 264,665
    azafirov said:

    Hi Michaell, what do you say to this deal ( Chicago):
    2017 Explorer Sport, MSRP $52,250. Sale Price $48,500. Fees: $394. taxes: $4849. Rebate:$1000. Total financed (no money down): $52,542. 60 months x $876 to buy. what would the lease payment be for 36 or 39 month term ( can be 10,000 miles or lower)? thank you sir!

    Can't really tell you - the sale price you quote may include incentives that are only applicable to a lease.

    Ask the dealer for the adjusted cap cost, then I can calculate a payment.

    And, if you are in Chicago proper, the lease taxes will kill you - between the state and the city, it's something like 17% total.

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  • azafirovazafirov Member Posts: 12

    Michaell said:

    Hi Michaell, what do you say to this deal ( Chicago):
    2017 Explorer Sport, MSRP $52,250. Sale Price $48,500. Fees: $394. taxes: $4849. Rebate:$1000. Total financed (no money down): $52,542. 60 months x $876 to buy. what would the lease payment be for 36 or 39 month term ( can be 10,000 miles or lower)? thank you sir!


    Can't really tell you - the sale price you quote may include incentives that are only applicable to a lease.

    Ask the dealer for the adjusted cap cost, then I can calculate a payment.

    And, if you are in Chicago proper, the lease taxes will kill you - between the state and the city, it's something like 17% total.



    Adjusted cap is $45,250 (includes $3250 rebate off the $48,500 sale price ). 10,500 miles , 36 months. $863 due at delivery ( includes $677 payment ). Payment is 611+ tax = 677. 
    What say you ? Thank you so much 
  • kyfdxkyfdx Moderator Posts: 267,684
    azafirov said:



    Michaell said:


    azafirov said:

    Hi Michaell, what do you say to this deal ( Chicago):

    2017 Explorer Sport, MSRP $52,250. Sale Price $48,500. Fees: $394. taxes: $4849. Rebate:$1000. Total financed (no money down): $52,542. 60 months x $876 to buy. what would the lease payment be for 36 or 39 month term ( can be 10,000 miles or lower)? thank you sir!



    Can't really tell you - the sale price you quote may include incentives that are only applicable to a lease.



    Ask the dealer for the adjusted cap cost, then I can calculate a payment.



    And, if you are in Chicago proper, the lease taxes will kill you - between the state and the city, it's something like 17% total.





    Adjusted cap is $45,250 (includes $3250 rebate off the $48,500 sale price ). 10,500 miles , 36 months. $863 due at delivery ( includes $677 payment ). Payment is 611+ tax = 677. 
    What say you ? Thank you so much 

    0.50% APR and 54% residual

    That can't be the adjusted CAP.
    What about the upfront IL taxes, fees, acquisition fee, etc, etc?

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  • rmcrierrmcrier Member Posts: 35
    edited May 2017
    Either mileage is fine with me, as I will likely have no issue being under either. Can you verify the MF and RV for a Limited FWD and AWD (Northern VA) 39/10.5?  Thanks!
  • MichaellMichaell Moderator Posts: 264,665
    rmcrier said:

    Either mileage is fine with me, as I will likely have no issue being under either. Can you verify the MF and RV for a Limited FWD and AWD (Northern VA) 39/10.5?  Thanks!

    .50% and 48% (FWD) or 49% (AWD)

    $2750 lease cash

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  • rmcrierrmcrier Member Posts: 35
    Thanks.  Does the RV change for 36/10.5 or 36/12?
  • MichaellMichaell Moderator Posts: 264,665
    rmcrier said:

    Thanks.  Does the RV change for 36/10.5 or 36/12?

    Add 2% to go from 39/10.5 to 36/10.5

    Subtract 1% to go from 36/10.5 to 36/12

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  • azafirovazafirov Member Posts: 12

    Adjusted cap is $45,250 (includes $3250 rebate off the $48,500 sale price ). 10,500 miles , 36 months. $863 due at delivery ( includes $677 payment ). Payment is 611+ tax = 677. 
    What say you ? Thank you so much 

    0.50% APR and 54% residual

    That can't be the adjusted CAP.
    What about the upfront IL taxes, fees, acquisition fee, etc, etc?


    I got more info Michaell, it is right here:


  • rmcrierrmcrier Member Posts: 35
    Sorry. One last time. How about the MF and Residual for Platinum AWD 36/10.5? Thanks!
  • MichaellMichaell Moderator Posts: 264,665
    rmcrier said:

    Sorry. One last time. How about the MF and Residual for Platinum AWD 36/10.5? Thanks!

    Limited AWD and Platinum AWD have the same numbers.

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  • MichaellMichaell Moderator Posts: 264,665
    azafirov said:


    Adjusted cap is $45,250 (includes $3250 rebate off the $48,500 sale price ). 10,500 miles , 36 months. $863 due at delivery ( includes $677 payment ). Payment is 611+ tax = 677. 
    What say you ? Thank you so much 

    0.50% APR and 54% residual

    That can't be the adjusted CAP.
    What about the upfront IL taxes, fees, acquisition fee, etc, etc?


    I got more info Michaell, it is right here:


    MF is marked up from the base rate of .50%.

    Using the numbers on your worksheet, I am only a few dollars off of their quoted payment (rounding?).

    MF mark up is adding about $35/mo to the payment.

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  • azafirovazafirov Member Posts: 12
    Michaell said:

    azafirov said:


    Adjusted cap is $45,250 (includes $3250 rebate off the $48,500 sale price ). 10,500 miles , 36 months. $863 due at delivery ( includes $677 payment ). Payment is 611+ tax = 677. 
    What say you ? Thank you so much 

    0.50% APR and 54% residual

    That can't be the adjusted CAP.
    What about the upfront IL taxes, fees, acquisition fee, etc, etc?


    I got more info Michaell, it is right here:
    MF is marked up from the base rate of .50%.

    Using the numbers on your worksheet, I am only a few dollars off of their quoted payment (rounding?).

    MF mark up is adding about $35/mo to the payment.


    Thank you !!
  • rmcrierrmcrier Member Posts: 35
    Hi again. How about the MF and RV for an XLT FWD/AWD 36/10.5 in Northern Virginia? Thanks!
  • MichaellMichaell Moderator Posts: 264,665
    rmcrier said:

    Hi again. How about the MF and RV for an XLT FWD/AWD 36/10.5 in Northern Virginia? Thanks!

    53% for both

    Same MF and incentives for all Explorer trims

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  • superdude1superdude1 Member Posts: 1
    Can I get MF and Residual for 2017 limited fwd 36/12k in Arizona 85234?
    thank you!!!
  • kyfdxkyfdx Moderator Posts: 267,684

    Can I get MF and Residual for 2017 limited fwd 36/12k in Arizona 85234?
    thank you!!!

    0.50% APR and 49% residual
    $2750 lease cash

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  • earn3812earn3812 Member Posts: 36
    May I get the residual and mf for the xlt trim 36/12k fwd and awd for Texas 75229? Thanks. 
  • kyfdxkyfdx Moderator Posts: 267,684
    earn3812 said:

    May I get the residual and mf for the xlt trim 36/12k fwd and awd for Texas 75229? Thanks. 

    0.50% APR and 52% residual
    $2750 lease cash
    Either FWD or AWD

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  • df23df23 Member Posts: 4
    Can you please tell me the MF and RV for a 2017 XLT 36/15k AWD in NJ? Thanks!
  • kyfdxkyfdx Moderator Posts: 267,684
    df23 said:

    Can you please tell me the MF and RV for a 2017 XLT 36/15k AWD in NJ? Thanks!

    0.50% APR and 50% residual
    $2750 lease cash

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  • dave7887dave7887 Member Posts: 10
    What is the RV and MF for the 2017 Explorer XLT and Limited? New York State, 36/12 24/12
  • MichaellMichaell Moderator Posts: 264,665
    dave7887 said:

    What is the RV and MF for the 2017 Explorer XLT and Limited? New York State, 36/12 24/12

    24/12 - .75% and 60% (XLT) or 58% (LTD)
    36/12 - .50% and 52% (XLT) or 50% (LTD)

    Assuming AWD

    $2750 lease cash

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  • save1982save1982 Member Posts: 38
    Can I get the June rates on a 36/12 Explorer Platinum lease in Nashville, TN? Thanks!!
  • kyfdxkyfdx Moderator Posts: 267,684
    save1982 said:

    Can I get the June rates on a 36/12 Explorer Platinum lease in Nashville, TN? Thanks!!

    0.50% APR and 50% residual
    $2750 lease cash

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  • earn3812earn3812 Member Posts: 36
    Hello Gentlemen. Have the lease programs stayed the same as May for the Texas area? (52% residual and .5%MF) on the xlt.  Thanks. 
  • kyfdxkyfdx Moderator Posts: 267,684
    earn3812 said:

    Hello Gentlemen. Have the lease programs stayed the same as May for the Texas area? (52% residual and .5%MF) on the xlt.  Thanks. 

    Yes

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  • michaelfseamichaelfsea Member Posts: 4
    What is the RV and MF for the 2017 Explorer in Seattle WA? Any deals?

    39/12 AWD

    B)
  • MichaellMichaell Moderator Posts: 264,665

    What is the RV and MF for the 2017 Explorer in Seattle WA? Any deals?

    39/12 AWD

    B)

    what trim level?

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  • michaelfseamichaelfsea Member Posts: 4

    XLT and Limited

    Michaell said:

    What is the RV and MF for the 2017 Explorer in Seattle WA? Any deals?

    39/12 AWD

    B)

    what trim level?
    XLT and Limited
  • kyfdxkyfdx Moderator Posts: 267,684

    XLT and Limited

    Michaell said:

    What is the RV and MF for the 2017 Explorer in Seattle WA? Any deals?

    39/12 AWD

    B)

    what trim level?
    XLT and Limited
    50%/48% residual for XLT/Limited
    0.75% APR and $2750 lease cash

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  • loudubeloudube Member Posts: 7
    Hi, looking for lease rate and residual for 12k on 24 mo for 4x4(AWD) in Northern NJ. Thanks!
  • MichaellMichaell Moderator Posts: 264,665
    loudube said:

    Hi, looking for lease rate and residual for 12k on 24 mo for 4x4(AWD) in Northern NJ. Thanks!

    What trim level?

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  • loudubeloudube Member Posts: 7
    XLT or Limited (looking at previous threads, it looks like limited is 2% lower, bizarre that nicer trim has lower residual)
  • MichaellMichaell Moderator Posts: 264,665
    loudube said:

    Hi, looking for lease rate and residual for 12k on 24 mo for 4x4(AWD) in Northern NJ. Thanks!

    loudube said:

    XLT or Limited (looking at previous threads, it looks like limited is 2% lower, bizarre that nicer trim has lower residual)

    60% (XLT) or 58% (LTD) and .50%

    $3750 lease cash

    Higher trim levels often have lower residuals; that isn't unique to Ford

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