RV/MF On Ford Mustang 2018 Eco Boost

k9wmp1984

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

Thanks

kyfdx

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

k9wmp1984

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

kyfdx

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.

k9wmp1984

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

kyfdx

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.

k9wmp1984

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

Michaell

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.

k9wmp1984

Okay Michaell thank you

k9wmp1984

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

Michaell

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!