'17 & '18 Ford Fusion sport MF and Res?

beamer21

Sorry if I am doing this wrong but I was wondering if I could have the Money Factor and Residual for 2017 and 2018 Ford Fusion sport.

Mr_Shiftright

You're fine here but tell us the lease term.

kyfdx

beamer21 said:

Sorry if I am doing this wrong but I was wondering if I could have the Money Factor and Residual for 2017 and 2018 Ford Fusion sport.

Term?
Mileage allowance?
State? (Ford programs are regional)

beamer21

I would like 10,500 miles and 36 months. I live in nj and would also like to hear if someone else has had similar car leased 

kyfdx

beamer21 said:

Sorry if I am doing this wrong but I was wondering if I could have the Money Factor and Residual for 2017 and 2018 Ford Fusion sport.

beamer21 said:

I would like 10,500 miles and 36 months. I live in nj and would also like to hear if someone else has had similar car leased 

2017: 0.50% APR and 48% residual. $2500 lease cash
2018: 1.00% APR and 53% residual

beamer21

So apr is the same thing as residual? And what is lease cash? Is that down payment?

Michaell

beamer21 said:

So apr is the same thing as residual? And what is lease cash? Is that down payment?

APR is the Ford version of the money factor.

Lease cash is a factory to dealer incentive.

beamer21

So do I take that $2500 off the cars msrp and then do a lease calculator? 

Michaell

beamer21 said:

So do I take that $2500 off the cars msrp and then do a lease calculator? 

You negotiate your best price, then subtract the $2500

beamer21

I wanna lease this car what would be my best approach?

Michaell

beamer21 said:

I wanna lease this car what would be my best approach?

Negotiate your best price, subtract the lease cash from it, and watch out for junk fees and an inflated MF.

Use this link to help you understand leasing:

https://www.edmunds.com/car-leasing/