2018 Ford Explorer Lease Deals and Prices

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Comments

  • kyfdxkyfdx Moderator Posts: 272,509

    Can I have MF, residual, and any rebates for an XLT AWD for 24/10 in 60515?  Thank you

    0.28% APR
    62% residual
    $2500 lease cash

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  • donetwo16donetwo16 Member Posts: 29
    Michaell said:

    donetwo16 said:

    Is this a good deal and does it look right? (my calculations are close)

    2018 Ford Explorer Sport 401A
    MSRP: $53,210
    Adjusted Cap: $43,060 (Lease Cash:$3,000 + Dealer Disc: $3,400 + Down Payment: $3,750)
    MF: .75%
    RV: 54% (12k/36)
    Tax: 8.9%

    Monthly Payment: $514/month including tax

    I get $458/mo, tax included.

    Did you convert the .75% to an actual MF? Divide by 2400 to get .00031.

    Why put down $3750 on a rental?

    The adjusted cap cost was actually $46,477.
    Yes I converted the MF that way.

    I put $2k down to bring the payment down plus paid first months payment and tax up front.

    What is a rent charge ?
  • sbz1188sbz1188 Member Posts: 19
    edited May 2018
    Hi can I have MF and RV for 2018 XLT AWD and Sport 36/12 or 39/12 in 91401? Thank you!
  • rdtriprdtrip Member Posts: 9
    Can I please have residual, mf, and incentives for XLT AWD 36/15 and 39/15? Also Limited AWD 36/15 and 39/15. Zip code 11566. Thank you
  • kyfdxkyfdx Moderator Posts: 272,509
    donetwo16 said:

    Michaell said:

    donetwo16 said:

    Is this a good deal and does it look right? (my calculations are close)

    2018 Ford Explorer Sport 401A
    MSRP: $53,210
    Adjusted Cap: $43,060 (Lease Cash:$3,000 + Dealer Disc: $3,400 + Down Payment: $3,750)
    MF: .75%
    RV: 54% (12k/36)
    Tax: 8.9%

    Monthly Payment: $514/month including tax

    I get $458/mo, tax included.

    Did you convert the .75% to an actual MF? Divide by 2400 to get .00031.

    Why put down $3750 on a rental?

    The adjusted cap cost was actually $46,477.
    Yes I converted the MF that way.

    I put $2k down to bring the payment down plus paid first months payment and tax up front.

    What is a rent charge ?
    The rent charge is the finance charge portion of the lease payment.

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  • kyfdxkyfdx Moderator Posts: 272,509
    edited May 2018
    sbz1188 said:

    Hi can I have MF and RV for 2018 XLT AWD and Sport 36/12 or 39/12 in 91401? Thank you!

    36/12
    0.75% APR
    53% residual

    39/12
    1.00% APR
    51% residual

    $2500 lease cash

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  • kyfdxkyfdx Moderator Posts: 272,509
    rdtrip said:

    Can I please have residual, mf, and incentives for XLT AWD 36/15 and 39/15? Also Limited AWD 36/15 and 39/15. Zip code 11566. Thank you

    36/15
    0.40% APR
    52%/51% residual for LTD/XLT

    39/15
    0.65% APR
    51%/50% residual for LTD/XLT

    $3750 lease cash

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  • sbz1188sbz1188 Member Posts: 19
    kyfdx said:

    sbz1188 said:

    Hi can I have MF and RV for 2018 XLT AWD and Sport 36/12 or 39/12 in 91401? Thank you!

    36/12
    0.75% APR
    53% residual

    39/12
    1.00% APR
    51% residual

    $2500 lease cash
    Thank you - how does this change with 24/12 ?
  • dough419dough419 Member Posts: 57
    Does Ford have an acquisition fee? Disposition fee on leases?
  • sbz1188sbz1188 Member Posts: 19
    how does this deal look to you guys - do I have any wiggle room on dealer discount?

    2018 Ford Explorer XLT AWD - Appearance Package
    MSRP: 46,860
    Cap Cost: 45,294
    Net Cap Cost: 41,794
    36 months, 12k/yr
    53% RV, 0.75% APR
    $491.58/mo + tax = $541.97/mo in SoCal

    Thanks
  • kyfdxkyfdx Moderator Posts: 272,509
    sbz1188 said:

    kyfdx said:

    sbz1188 said:

    Hi can I have MF and RV for 2018 XLT AWD and Sport 36/12 or 39/12 in 91401? Thank you!

    36/12
    0.75% APR
    53% residual

    39/12
    1.00% APR
    51% residual

    $2500 lease cash
    Thank you - how does this change with 24/12 ?
    First... above were the XLT residuals. Sport are 1% higher

    24/12
    0.28% APR
    62%/61% residual for Sport/XLT

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  • kyfdxkyfdx Moderator Posts: 272,509
    dough419 said:

    Does Ford have an acquisition fee? Disposition fee on leases?

    Yes... not sure of the acquisition fee, but I think it's $645.

    Not positive on disposition fee, but every other bank has one.

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  • kyfdxkyfdx Moderator Posts: 272,509
    sbz1188 said:

    how does this deal look to you guys - do I have any wiggle room on dealer discount?

    2018 Ford Explorer XLT AWD - Appearance Package
    MSRP: 46,860
    Cap Cost: 45,294
    Net Cap Cost: 41,794
    36 months, 12k/yr
    53% RV, 0.75% APR
    $491.58/mo + tax = $541.97/mo in SoCal

    Thanks

    We don't track pricing, but I think $1466 is a pretty small discount.

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  • sbz1188sbz1188 Member Posts: 19
    edited May 2018
    kyfdx said:
    how does this deal look to you guys - do I have any wiggle room on dealer discount? 2018 Ford Explorer XLT AWD - Appearance Package MSRP: 46,860 Cap Cost: 45,294 Net Cap Cost: 41,794 36 months, 12k/yr 53% RV, 0.75% APR $491.58/mo + tax = $541.97/mo in SoCal Thanks
    We don't track pricing, but I think $1466 is a pretty small discount.
    Appreciate it! Just got an updated quote from the dealer (attached) — mind taking a look? Thank you for this invaluable service you guys are providing. 

    This deal includes only paying first months payment of $515 for drive off
  • kyfdxkyfdx Moderator Posts: 272,509
    sbz1188 said:

    Pic

    That looks pretty good.
    What is the $654 payoff for?

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  • sbz1188sbz1188 Member Posts: 19
    kyfdx said:
    Pic
    That looks pretty good. What is the $654 payoff for?
    Thanks! That is my last two lease payments of $327 that the dealer claims “they are taking care of”
  • kyfdxkyfdx Moderator Posts: 272,509
    sbz1188 said:


    kyfdx said:

    sbz1188 said:

    Pic

    That looks pretty good.
    What is the $654 payoff for?

    Thanks! That is my last two lease payments of $327 that the dealer claims “they are taking care of”

    yeah... they took care of them by adding the $654 to your deal.

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  • republik9republik9 Member Posts: 2
    Hello and thanks for the assistance! Requesting MF and residual for 2018 Explorer XLT 36/10.5 and 36/12 in NJ (07446).  
  • kyfdxkyfdx Moderator Posts: 272,509
    republik9 said:

    Hello and thanks for the assistance! Requesting MF and residual for 2018 Explorer XLT 36/10.5 and 36/12 in NJ (07446).  

    Assuming AWD
    36/12
    0.40% APR
    53% residual
    $3750 incentive

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  • republik9republik9 Member Posts: 2
    Thanks! Is the incentive supposed to be off MSRP, or off the negotiated sale price? At most local dealers I am only seeing 1500+500 in incentive.  
  • kyfdxkyfdx Moderator Posts: 272,509
    republik9 said:

    Thanks! Is the incentive supposed to be off MSRP, or off the negotiated sale price? At most local dealers I am only seeing 1500+500 in incentive.  

    Off the negotiated price

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  • cait222cait222 Member Posts: 1
    Hello. What are the MF, RV and lease cash on an Explorer Limited 4x4 in 20816. 36/12000. Also does Ford offer 24 month leases? Does it help a deal to wait until the last day of the month to close a deal? Thanks so much!  
  • kyfdxkyfdx Moderator Posts: 272,509
    cait222 said:

    Hello. What are the MF, RV and lease cash on an Explorer Limited 4x4 in 20816. 36/12000. Also does Ford offer 24 month leases? Does it help a deal to wait until the last day of the month to close a deal? Thanks so much!  

    24/12
    0.28% APR
    62% residual

    36/12
    0.75% APR
    54% residual


    $2500 lease cash.

    EOM works... but, if you go in a 6:00 PM on the last day, with no idea of what's in stock, and no legwork, then you'll be hard-pressed to make a deal by closing time.

    If you want to make a deal this month, the time to start looking is now.

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  • azshortyazshorty Member Posts: 27
    Do you have June numbers and incentives for a limited FWD 36/12 in 35803? Thanks.
  • kyfdxkyfdx Moderator Posts: 272,509
    azshorty said:

    Do you have June numbers and incentives for a limited FWD 36/12 in 35803? Thanks.

    0.75% APR
    54% residual
    $3000 incentive

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  • dgkmdusdgkmdus Member Posts: 6
    Can you please provide the MF and RV for Sport 4WD 36/12 in 21754?  And any additional incentives too, if available.

    Thank you
  • frank2099frank2099 Member Posts: 25
    Couldn’t close a deal in May. So looking for the MF and RV on a Sport for 36/15 in zip 12061. Also any incentives/rebates currently available. 

    Thanks 
  • kyfdxkyfdx Moderator Posts: 272,509
    dgkmdus said:

    Can you please provide the MF and RV for Sport 4WD 36/12 in 21754?  And any additional incentives too, if available.

    Thank you

    0.75% APR
    54% residual
    $2500 lease cash

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  • kyfdxkyfdx Moderator Posts: 272,509
    frank2099 said:

    Couldn’t close a deal in May. So looking for the MF and RV on a Sport for 36/15 in zip 12061. Also any incentives/rebates currently available. 

    Thanks 

    0.40% APR
    52% residual
    $3250 lease cash

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  • kyfdxkyfdx Moderator Posts: 272,509
    frank2099 said:

    Couldn’t close a deal in May. So looking for the MF and RV on a Sport for 36/15 in zip 12061. Also any incentives/rebates currently available. 

    Thanks 

    0.40% APR
    52% residual
    $3250 lease cash

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  • iconkingiconking Member Posts: 2
    Hi. Can you give current lease numbers in NJ for an Explorer XLT, Limited and Sport. Thanks!
  • MichaellMichaell Moderator Posts: 268,591
    iconking said:

    Hi. Can you give current lease numbers in NJ for an Explorer XLT, Limited and Sport. Thanks!

    What lease term and how many miles per year?

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  • iconkingiconking Member Posts: 2
    36 or 39 months, 12,000
  • MichaellMichaell Moderator Posts: 268,591
    iconking said:

    Hi. Can you give current lease numbers in NJ for an Explorer XLT, Limited and Sport. Thanks!

    iconking said:

    36 or 39 months, 12,000

    Assuming AWD....

    36/12 - .40% and 54% (LTD / Sport), 53% (XLT)
    39/12 - .65% and 52% (LTD / Sport), 51% (XLT)
    $3250 incentives for all three trims

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  • beatmixbeatmix Member Posts: 11
    edited June 2018
    How about in NY (10033) for an AWD XLT/Limited @ 10,500/36?
  • MichaellMichaell Moderator Posts: 268,591
    beatmix said:

    How about in NY (10033) for an AWD XLT/Limited @ 10,500/36?

    .40% and 55% (LTD) or 54% (XLT)
    $3250 incentives

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  • jdbrady3jdbrady3 Member Posts: 8
    Will you please provide me with the June numbers for a 2018 sport & platinum 12k/36mo in 44281 please including lease cash.
  • MichaellMichaell Moderator Posts: 268,591
    jdbrady3 said:

    Will you please provide me with the June numbers for a 2018 sport & platinum 12k/36mo in 44281 please including lease cash.

    .40% and 56% (Platinum) or 54% (Sport)
    $3750 lease incentives

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  • ma74coloma74colo Member Posts: 11
    Could you confirm June numbers for Colorado 80126 for the following

    Explorer 4WD ltd 36mos/12k
    Explorer 4WD Sport 36mos/12k
    Explorer 4WD Platinum 36mos/ltd

    Was told 0.75% and only $2500 from dealership, seeing 0.4% and $3750 other places.

    What am I missing??
  • kyfdxkyfdx Moderator Posts: 272,509
    ma74colo said:

    Could you confirm June numbers for Colorado 80126 for the following

    Explorer 4WD ltd 36mos/12k
    Explorer 4WD Sport 36mos/12k
    Explorer 4WD Platinum 36mos/ltd

    Was told 0.75% and only $2500 from dealership, seeing 0.4% and $3750 other places.

    What am I missing??

    0.75% APR
    54%/54%/56% residual
    $2500 incentive

    Ford numbers are regional

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  • vicenzavicenza Member Posts: 56
    Looking to help a friend buy a Ford Explorer. Can you please tell me MF and Residual for 36/15 in zip 95121. She’s looking at For XLT or Sport versions. Lastly, what incentives are available?  Thanks!!
  • kyfdxkyfdx Moderator Posts: 272,509
    vicenza said:

    Looking to help a friend buy a Ford Explorer. Can you please tell me MF and Residual for 36/15 in zip 95121. She’s looking at For XLT or Sport versions. Lastly, what incentives are available?  Thanks!!



    0.75% APR
    52%/51% residual for Sport/XLT
    $3000 lease cash

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  • jrue24jrue24 Member Posts: 29
    Can you provide numbers (MF, Residual & Cash) for Limited and Sport 36/12Kin 30345. Thank you. 
  • kyfdxkyfdx Moderator Posts: 272,509
    jrue24 said:

    Can you provide numbers (MF, Residual & Cash) for Limited and Sport 36/12Kin 30345. Thank you. 

    Assuming AWD

    0.75% APR
    54% residual
    $3000 lease cash

    Either trim.

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  • azshortyazshorty Member Posts: 27
    Is the MF the same for both 36/12 and 39/12 for a limited FWD in 35803? I've been shopping for 36/12 but I've got a dealer trying to get me to do 39/12 and I don't see the reasoning behind it besides quoting me a slightly smaller monthly price. Also, do you know the standard Ford acquisition fee?
  • MichaellMichaell Moderator Posts: 268,591
    azshorty said:

    Is the MF the same for both 36/12 and 39/12 for a limited FWD in 35803? I've been shopping for 36/12 but I've got a dealer trying to get me to do 39/12 and I don't see the reasoning behind it besides quoting me a slightly smaller monthly price. Also, do you know the standard Ford acquisition fee?

    $645 acquisition fee from Ford.

    Numbers are different, but sometimes a 39 month term gives you a lower payment.

    36/12 - .75% and 54%
    39/12 - 1.00% and 52%
    $3000 lease cash

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  • azshortyazshorty Member Posts: 27
    Michaell said:

    azshorty said:

    Is the MF the same for both 36/12 and 39/12 for a limited FWD in 35803? I've been shopping for 36/12 but I've got a dealer trying to get me to do 39/12 and I don't see the reasoning behind it besides quoting me a slightly smaller monthly price. Also, do you know the standard Ford acquisition fee?

    $645 acquisition fee from Ford.

    Numbers are different, but sometimes a 39 month term gives you a lower payment.

    36/12 - .75% and 54%
    39/12 - 1.00% and 52%
    $3000 lease cash
    Thanks for the quick response. I've noticed Ford dealers quoting me the MSRP before the 301A package savings of $1,000 and they said the "highest" sticker price is what the residual is calculated off. So for example one window sticker I'm looking at lists the MSRP as $49,830 but then subtracts $1,000 for the 301A package savings and shows a "Total" MSRP of $48,830. Which number should the residual actually be calculated off? I've also had another dealer add tint and is calculating the residual off the highest MSRP plus the tint. Is this correct?
  • kyfdxkyfdx Moderator Posts: 272,509
    azshorty said:

    Michaell said:

    azshorty said:

    Is the MF the same for both 36/12 and 39/12 for a limited FWD in 35803? I've been shopping for 36/12 but I've got a dealer trying to get me to do 39/12 and I don't see the reasoning behind it besides quoting me a slightly smaller monthly price. Also, do you know the standard Ford acquisition fee?

    $645 acquisition fee from Ford.

    Numbers are different, but sometimes a 39 month term gives you a lower payment.

    36/12 - .75% and 54%
    39/12 - 1.00% and 52%
    $3000 lease cash
    Thanks for the quick response. I've noticed Ford dealers quoting me the MSRP before the 301A package savings of $1,000 and they said the "highest" sticker price is what the residual is calculated off. So for example one window sticker I'm looking at lists the MSRP as $49,830 but then subtracts $1,000 for the 301A package savings and shows a "Total" MSRP of $48,830. Which number should the residual actually be calculated off? I've also had another dealer add tint and is calculating the residual off the highest MSRP plus the tint. Is this correct?
    We've heard that about Ford, before. A higher residual can only benefit you. I'm surprised they can residualize tint, though.

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  • todd515todd515 Member Posts: 4
    Hi - Long time listener, first time caller...  

    Could someone please provide current RV, MF and  incentives for XLT / Limited AWD at 12/36 and 12/39 in Iowa?

    Question: Is it typical that dealers mark up their money factor from the FMC buy rate?

    I know, I asked a lot. Thanks in advance! 
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