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2017 MKC Select Lease. Need advice.

charlesjazzcharlesjazz Posts: 3
edited January 2017 in Lincoln
Hi. I live in Southern Cali and am trying to take advantage of the last day of Lincolns Wish List promo. Please note that I do not have a car to trade in and my credit score is 720.

They are saying this price and upgrade color package is the only option they have in inventory with a sunroof. I have checked surrounding areas and they are saying the same.

My question: How likely am I to get them down the promotional offer based on the model package they are offering me?

Has anyone else leased a similar package?

Any other thoughts you all have are very welcomed. Thank you!

Here is what is Advertised:

2017 Select Plus Package with moonroof (sales offer expires after 01/03/17)
- $368 per month for 36 Months for MSRPs of $38,345
- Equipped with 2017 MKC California Select Plus Regional Discount Package
- $0 (cash or trade equity) combined with $250 RCL Customer Cash plus $450 Wish List
- First Month's Payment RCL Customer Cash plus $1,000 Trade-In Bonus Cash for a total of $1,700 plus government fees and taxes due at lease signing.
- Trade-In vehicle must be 1995 or newer and must purchase or lease eligible new vehicle.
- Security deposit waived.
- 31,500 total miles with 20¢ per excess mile.

Here is what I was offered
- $420 per month for 36 Months for MSRP of $39,445
- Dealer Discount and Rebate of $3,400
- Vehicle Price (Net after Rebate) of $36,045
- Paint Upgrade Accessories: $695
- Cash down after credits and bonus: $492
- Purchase Option: $24,167
- Rebate: 700.00
- 31,500 total miles with 20¢ per excess mile.

Comments

  • kyfdxkyfdx Posts: 167,478

    Hi. I live in Southern Cali and am trying to take advantage of the last day of Lincolns Wish List promo. Please note that I do not have a car to trade in and my credit score is 720.

    They are saying this price and upgrade color package is the only option they have in inventory with a sunroof. I have checked surrounding areas and they are saying the same.

    My question: How likely am I to get them down the promotional offer based on the model package they are offering me?

    Has anyone else leased a similar package?

    Any other thoughts you all have are very welcomed. Thank you!

    Here is what is Advertised:

    2017 Select Plus Package with moonroof (sales offer expires after 01/03/17)
    - $368 per month for 36 Months for MSRPs of $38,345
    - Equipped with 2017 MKC California Select Plus Regional Discount Package
    - $0 (cash or trade equity) combined with $250 RCL Customer Cash plus $450 Wish List
    - First Month's Payment RCL Customer Cash plus $1,000 Trade-In Bonus Cash for a total of $1,700 plus government fees and taxes due at lease signing.
    - Trade-In vehicle must be 1995 or newer and must purchase or lease eligible new vehicle.
    - Security deposit waived.
    - 31,500 total miles with 20¢ per excess mile.

    Here is what I was offered
    - $420 per month for 36 Months for MSRP of $39,445
    - Dealer Discount and Rebate of $3,400
    - Vehicle Price (Net after Rebate) of $36,045
    - Paint Upgrade Accessories: $695
    - Cash down after credits and bonus: $492
    - Purchase Option: $24,167
    - Rebate: 700.00
    - 31,500 total miles with 20¢ per excess mile.

    Seems about right, since you don't have a trade, and you aren't eligible for the extra $1000.

    Maybe, you could get them to ditch the "- Paint Upgrade Accessories: $695", and save about $20/mo. Can't imagine what that's for, that you would need on a 36 month lease.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • OK, thanks. I am now looking to go w/o the sunroof to help bring down the overall cost and then ask them to rebate the paint job. It's a shame bc I really do like the sunroof.
  • BTW, the paint upgrade was "mandatory" for that color (my eyes rolling) ;-)
  • batwood5batwood5 Posts: 4
    edited January 2017
    Looking for leasing info on 2017 Lincoln MKC Reserve AWD 2.0T in Denver area. 36 months, 10k/yr. What would be the mf and residual, and any incentives right now, for this car. Thanks!
  • kyfdxkyfdx Posts: 167,478
    batwood5 said:

    Looking for leasing info on 2017 Lincoln MKC Reserve AWD 2.0T in Denver area. 36 months, 10k/yr. What would be the mf and residual, and any incentives right now, for this car. Thanks!

    60% residual

    Which is all the info we have for Lincoln.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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