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2018 Lincoln MKX Lease MF and RV (FL)

carlearner18carlearner18 Posts: 1
edited January 2018 in Lincoln
Hi all,

I am looking for the 2018 Lincoln MKX Select FWD Residual Value and Money Factor for Florida, please.
I am still debating between 36 and 39 months (for 10,000 miles).

Are there any rebates/incentives available?

Thanks a lot.
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Comments

  • kyfdxkyfdx Everywhere, USAPosts: 122,928
    carlearner18 said:

    Hi all,

    I am looking for the 2018 Lincoln MKX Select FWD Residual Value and Money Factor for Florida, please.
    I am still debating between 36 and 39 months (for 10,000 miles).

    Are there any rebates/incentives available?

    Thanks a lot.

    36/10.5: 1.18% APR and 57% residual
    39/10.5: 1.78% APR and 56% residual

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

    Edmunds Moderator

  • shfawazshfawaz Posts: 27
    edited February 2018
    What is the money factor and residual for a 2018 Lincoln MKX Reserve in MI. 24, 26 and 39 month 7,500 miles/month. Doc fees and Acquisition fees if you have or know then. Thanks!
  • kyfdxkyfdx Everywhere, USAPosts: 122,928
    shfawaz said:

    What is the money factor and residual for a 2018 Lincoln MKX Reserve in MI. 24, 26 and 39 month 7,500 miles/month. Doc fees and Acquisition fees if you have or know then. Thanks!

    0.15% APR and 66% residual
    0.28% APR and 58% residual
    0.85% APR and 57% residual

    $250 lease cash
    No info on acquisition and doc fees

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

    Edmunds Moderator

  • teetal95teetal95 Posts: 5
    Can I get the MF, residual and any incentives on a Lincoln MKX Reserve in Austin, TX? Thank you!
  • teetal95teetal95 Posts: 5
    teetal95 said:
    Can I get the MF, residual and any incentives on a Lincoln MKX Reserve in Austin, TX? Thank you!
    I forgot, it is for a 24 and 36 month lease with 15,000 miles.
  • MichaellMichaell ColoradoPosts: 113,918
    teetal95 said:


    teetal95 said:

    Can I get the MF, residual and any incentives on a Lincoln MKX Reserve in Austin, TX? Thank you!

    I forgot, it is for a 24 and 36 month lease with 15,000 miles.

    24/15 - .15% and 62%
    36/15 - .28% and 54%
    $250 lease cash

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • gersh11gersh11 Posts: 31
    Hello,

    Please provide the March MF, RV and incentives for the Select and Reserve, 36/10, in Orlando, FL.

    Thanks,
    Steve
  • MichaellMichaell ColoradoPosts: 113,918
    gersh11 said:

    Hello,

    Please provide the March MF, RV and incentives for the Select and Reserve, 36/10, in Orlando, FL.

    Thanks,
    Steve

    57% and .28%
    $250 lease cash

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • aceace14aceace14 Posts: 11
    Can you tell me the MF and residual on a 10.5 or 12k lease for 36 mo on a MKX Reserve in 11726?

    Thanks
  • MichaellMichaell ColoradoPosts: 113,918
    aceace14 said:

    Can you tell me the MF and residual on a 10.5 or 12k lease for 36 mo on a MKX Reserve in 11726?

    Thanks

    .28% and 57%/ 56%
    $250 lease cash

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • hotkristinhotkristin Posts: 23
    Can you please provide money factor and residual for 18202 zip....MKX premiere 36 months 10,500 miles
  • MichaellMichaell ColoradoPosts: 113,918
    hotkristin said:

    Can you please provide money factor and residual for 18202 zip....MKX premiere 36 months 10,500 miles

    .28% and 57%
    $250 lease cash

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • hotkristinhotkristin Posts: 23
    Dealer is stating residual is 54%...how is this possible? I thought residual is nonnegotiable and set by manufacturer 
  • hotkristinhotkristin Posts: 23
    edited March 2018
    They gave the correct MF but they are off on residual.
  • kyfdxkyfdx Everywhere, USAPosts: 122,928
    hotkristin said:

    They gave the correct MF but they are off on residual.

    Residuals are listed for 15K/yr. You have to add 3% for 10.5K/yr
    They didn't give you the correct residual

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

    Edmunds Moderator

  • hotkristinhotkristin Posts: 23
    So essentially their formula for calculating my payment is going to come out higher because of the incorrect residual correct?
  • hotkristinhotkristin Posts: 23
     Also where can I find the correct residual online so I can show them if they argue the fact?
  • MichaellMichaell ColoradoPosts: 113,918
    hotkristin said:

     Also where can I find the correct residual online so I can show them if they argue the fact?

    It is not public information.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 113,918
    hotkristin said:

    So essentially their formula for calculating my payment is going to come out higher because of the incorrect residual correct?

    Double check the contract to confirm that it shows 10,500 miles per year.

    If it does, and they are using the wrong residual, the bank will reject the contract and send it back to the dealer.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • hotkristinhotkristin Posts: 23
    Thanks! It is def a 10,500 lease just like my last lincoln one. If the residual gets adjusted to the correct number, it should lower my payment, correct?
  • MichaellMichaell ColoradoPosts: 113,918
    hotkristin said:

    Thanks! It is def a 10,500 lease just like my last lincoln one. If the residual gets adjusted to the correct number, it should lower my payment, correct?

    Yes, a higher residual will result in a lower payment, all else being equal.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • hotkristinhotkristin Posts: 23
    edited March 2018
    Thank you! that's leasing basics 101 but I just wanted to doublecheck....Can I post my deal when I receive it in writing on Monday for your input?
  • MichaellMichaell ColoradoPosts: 113,918
    hotkristin said:

    Thank you! that's leasing basics 101 but I just wanted to doublecheck....Can I post my deal when I receive it in writing on Monday for your input?

    Absolutely

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Everywhere, USAPosts: 122,928
    hotkristin said:

    Thanks! It is def a 10,500 lease just like my last lincoln one. If the residual gets adjusted to the correct number, it should lower my payment, correct?

    Just because they "told" you the residual, doesn't mean that's the one they used on the calculation. So, it's possible they actually used the correct residual, just didn't relay to you the correct information.

    I wouldn't assume that it's going to be cheaper, unless you checked the calculations, or saw a screenshot of the deal on the computer.

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

    Edmunds Moderator

  • hotkristinhotkristin Posts: 23
    Thanks for all the info....here is the deal on the table. I was told they went 1000 under invoice. Advice anyone?? Does it seem like a strong deal?

    18 MKX AWD
    MSRP: 42650
    Selling: 38432
    Residual: 24311
    Rebates: 2250
    Doc Fee: 141
    Govt Fee: 92
    MF: .00012

    36 months 10.5k

    Payment: 393 per month. Incl PA 9 percent tax...Zero drive off fees, true sign and drive
  • MichaellMichaell ColoradoPosts: 113,918
    hotkristin said:

    Thanks for all the info....here is the deal on the table. I was told they went 1000 under invoice. Advice anyone?? Does it seem like a strong deal?

    18 MKX AWD
    MSRP: 42650
    Selling: 38432
    Residual: 24311
    Rebates: 2250
    Doc Fee: 141
    Govt Fee: 92
    MF: .00012

    36 months 10.5k

    Payment: 393 per month. Incl PA 9 percent tax...Zero drive off fees, true sign and drive

    I get $400/mo with those numbers - before tax.

    Your quote looks pretty good, by comparison.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • hotkristinhotkristin Posts: 23
    Thank you! I'm going to pull the trigger on a great deal then!
  • jaxshopperjaxshopper Posts: 5
    May I please have the MF and residual for MKX Black Label FWD, 36/15 and 39/15 in FL. Is there any lease cash for April?
  • MichaellMichaell ColoradoPosts: 113,918
    jaxshopper said:

    May I please have the MF and residual for MKX Black Label FWD, 36/15 and 39/15 in FL. Is there any lease cash for April?

    36/15 - .25% and 51%
    39/15 - .50% and 49%
    $750 lease cash

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • robster21robster21 Posts: 9
    Hello- Looking for updated lease numbers (RF & MF) for 2018 MKX Reserve AWD for 36/12k 39/12. State of MA. Thank you!
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