2020 Ford Escape SE AWD Lease Assistance

Tabby68Tabby68 Member Posts: 14
edited February 2021 in Ford
Would someone be able to help me find out the MF, Residual for a 2020 Ford Escape SE AWD near 08901?
Thank you for the help!!
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  • MichaellMichaell Moderator Posts: 263,520
    Tabby68 said:

    Would someone be able to help me find out the MF, Residual for a 2020 Ford Escape SE AWD near 08901?
    Thank you for the help!!

    What lease term and how many miles per year?

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  • Tabby68Tabby68 Member Posts: 14
    36 month 10K
  • MichaellMichaell Moderator Posts: 263,520
    Tabby68 said:

    Would someone be able to help me find out the MF, Residual for a 2020 Ford Escape SE AWD near 08901?
    Thank you for the help!!

    Tabby68 said:

    36 month 10K

    2.30% APR
    54% residual
    $750 lease cash
    $500 dealer cash

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  • Tabby68Tabby68 Member Posts: 14
    What about the money factor? 2.3% is high for a Money Factor
  • Tabby68Tabby68 Member Posts: 14
    0.023 Money Factor???
  • MichaellMichaell Moderator Posts: 263,520
    Tabby68 said:

    What about the money factor? 2.3% is high for a Money Factor

    Ford uses APR instead of a money factor for leasing.

    Divide by 2400 to get the rough MF equivalent.

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  • Tabby68Tabby68 Member Posts: 14
    So the money factor is about 0.00096
  • MichaellMichaell Moderator Posts: 263,520
    Tabby68 said:

    So the money factor is about 0.00096

    Yep.

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