RV/MF On Ford Mustang 2018 Eco Boost

k9wmp1984k9wmp1984 Member Posts: 14
edited August 2018 in Ford
Hi Can someone please help me with RV/MF ford mustang 2018 Eco boost premium Coupe for minneapolis August 2018 please

Thanks

Comments

  • kyfdxkyfdx Moderator Posts: 210,272
    k9wmp1984 said:

    Hi Can someone please help me with RV/MF ford mustang 2018 Eco boost premium Coupe for minneapolis August 2018 please

    Thanks

    36/15
    1.40% APR
    46% residual
    $2000 lease cash

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  • k9wmp1984k9wmp1984 Member Posts: 14
    Hi Can you please tell me what is lease cash?

    Here is the deal that dealer gave me

    MSRP 29670
    Discounts 6265

    Sale price 23405

    Also I am a recent grad so I think I will have 500 off does this mean I will have another 2000 off?

    He said 2000 down I dont know if that includes doc and title I hope it does and 320$ a month

  • kyfdxkyfdx Moderator Posts: 210,272
    k9wmp1984 said:

    Hi Can you please tell me what is lease cash?

    Here is the deal that dealer gave me

    MSRP 29670
    Discounts 6265

    Sale price 23405

    Also I am a recent grad so I think I will have 500 off does this mean I will have another 2000 off?

    He said 2000 down I dont know if that includes doc and title I hope it does and 320$ a month

    Lease cash is a consumer rebate. It's probably included in the discounts quoted. Most dealers give quotes with all of the rebates included.

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  • k9wmp1984k9wmp1984 Member Posts: 14
    Hi The dealer reached out to me and said money factor is 3.4% and Residual is 49%

    But when I use the lease calculator I am getting this can you please look at it and let me know if I am doing anything wrong?

    Also can I negotiate on MF?

    Thanks

    leasehackr.com/calculator?make=Ford&msrp=29670&sales_price=23405&months=36&mf=.00142&dp=0&doc_fee=80&acq_fee=645&taxed_inc=2500&untaxed_inc=0&rebate=0&resP=49&reg_fee=400&sales_tax=6.85&memo=&zero_driveoff=true&monthlyTax_radio=true&miles=15000&msd=0
  • kyfdxkyfdx Moderator Posts: 210,272
    k9wmp1984 said:

    Hi The dealer reached out to me and said money factor is 3.4% and Residual is 49%

    But when I use the lease calculator I am getting this can you please look at it and let me know if I am doing anything wrong?

    Also can I negotiate on MF?

    Thanks

    leasehackr.com/calculator?make=Ford&msrp=29670&sales_price=23405&months=36&mf=.00142&dp=0&doc_fee=80&acq_fee=645&taxed_inc=2500&untaxed_inc=0&rebate=0&resP=49&reg_fee=400&sales_tax=6.85&memo=&zero_driveoff=true&monthlyTax_radio=true&miles=15000&msd=0

    Yes... tell them you want the base rate, or find another dealer. That is a huge markup.
    Residuals can't be changed by the dealer. Make sure they are quoting the mileage allowance you want.

    Can't look at your calculator, as it's not a link.

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  • k9wmp1984k9wmp1984 Member Posts: 14
    Hi Thank you for all the help. I am on a Visa here and the dealer said Ford does not lease cars for people on visa's?

    And my score he says is 680 so he is quoting me APR of 9% ... any help on this regard?

    Thanks a ton again
  • MichaellMichaell ColoradoModerator Posts: 209,749
    k9wmp1984 said:

    Hi Thank you for all the help. I am on a Visa here and the dealer said Ford does not lease cars for people on visa's?

    And my score he says is 680 so he is quoting me APR of 9% ... any help on this regard?

    Thanks a ton again

    We don't know the qualification protocol for Ford leases.

    We also don't have any non tier 1 information for Ford.

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  • k9wmp1984k9wmp1984 Member Posts: 14
    Okay Michaell thank you
  • k9wmp1984k9wmp1984 Member Posts: 14
    Hi I leased the car today...

    Paid 3100 cash including tax title registration firstmonth payment and 267 per month for 24 months I also took wear and tear coverage which is priced in

    Thanks a lot for your help. I felt like a good deal... may be I paid 1000 extra as downpayment but overall I am really satisfied
  • MichaellMichaell ColoradoModerator Posts: 209,749
    k9wmp1984 said:

    Hi I leased the car today...

    Paid 3100 cash including tax title registration firstmonth payment and 267 per month for 24 months I also took wear and tear coverage which is priced in

    Thanks a lot for your help. I felt like a good deal... may be I paid 1000 extra as downpayment but overall I am really satisfied

    That's all that really matters.

    Congrats, and enjoy!

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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