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Thank you very much! So that $5,500 should come off the cost, right? I got the below quote from a dealer and want to confirm that it seems too high given the expected numbers/lease calculator:
2023 Ford Expedition XLT 4x4 in 97501 MSRP: $72,455 Discount: -$3,456 Total fees and taxes: $1,802.81 Total cost: $70,801.81
Residual Value: 53% Monthly payment for 36/12K: $1,131 They are quoting 4.35% APR, but it seems higher than that when I run their numbers.
So it seems the discount needs to go up to at least $5,500 (incentives) and the APR needs to come down to 3.35% (I have excellent credit), which would bring it closer to what the Edmunds lease calculator recommends. Does that sound right? Anything I am missing? Thanks!
Thank you very much! So that $5,500 should come off the cost, right? I got the below quote from a dealer and want to confirm that it seems too high given the expected numbers/lease calculator:
2023 Ford Expedition XLT 4x4 in 97501 MSRP: $72,455 Discount: -$3,456 Total fees and taxes: $1,802.81 Total cost: $70,801.81
Residual Value: 53% Monthly payment for 36/12K: $1,131 They are quoting 4.35% APR, but it seems higher than that when I run their numbers.
So it seems the discount needs to go up to at least $5,500 (incentives) and the APR needs to come down to 3.35% (I have excellent credit), which would bring it closer to what the Edmunds lease calculator recommends. Does that sound right? Anything I am missing? Thanks!
The $5500 should be applied as a CAP cost reduction. Some dealer quotes mix up purchase and lease numbers, so it's hard to track what they are doing with the math.
Ask for the adjusted CAP cost on the quote (with calculation itemized), insist on the base APR, and see what you get.
Thank you very much! So that $5,500 should come off the cost, right? I got the below quote from a dealer and want to confirm that it seems too high given the expected numbers/lease calculator:
2023 Ford Expedition XLT 4x4 in 97501 MSRP: $72,455 Discount: -$3,456 Total fees and taxes: $1,802.81 Total cost: $70,801.81
Residual Value: 53% Monthly payment for 36/12K: $1,131 They are quoting 4.35% APR, but it seems higher than that when I run their numbers.
So it seems the discount needs to go up to at least $5,500 (incentives) and the APR needs to come down to 3.35% (I have excellent credit), which would bring it closer to what the Edmunds lease calculator recommends. Does that sound right? Anything I am missing? Thanks!
The $5500 should be applied as a CAP cost reduction. Some dealer quotes mix up purchase and lease numbers, so it's hard to track what they are doing with the math.
Ask for the adjusted CAP cost on the quote (with calculation itemized), insist on the base APR, and see what you get.
Thank you. The dealer said that either the lease incentive did not exist in Oregon or that I did not qualify for it (vague). Next time, I will bring up the incentive and directly ask why I do not qualify if that is the case.
As for the interest rate, they admitted to a 3.35% interest rate (for those in categories 0 or 1 in Ford’s ranking system), but that they did not want to mention the best rate until they ran my credit application after the capitalized cost was agreed upon.
Are the lease incentive or interest rate set in stone (clear cutoffs) or are they discretionary? Your point about insisting on 3.35% made me think they might be negotiable/discretionary. I figured I would qualify for category 0 or 1 based on my credit score, but the lack of a lease incentive suggests that Ford is brushing me off for some reason so it might not be worth running the credit application. Any insight would be greatly appreciated.
Thank you very much! So that $5,500 should come off the cost, right? I got the below quote from a dealer and want to confirm that it seems too high given the expected numbers/lease calculator:
2023 Ford Expedition XLT 4x4 in 97501 MSRP: $72,455 Discount: -$3,456 Total fees and taxes: $1,802.81 Total cost: $70,801.81
Residual Value: 53% Monthly payment for 36/12K: $1,131 They are quoting 4.35% APR, but it seems higher than that when I run their numbers.
So it seems the discount needs to go up to at least $5,500 (incentives) and the APR needs to come down to 3.35% (I have excellent credit), which would bring it closer to what the Edmunds lease calculator recommends. Does that sound right? Anything I am missing? Thanks!
The $5500 should be applied as a CAP cost reduction. Some dealer quotes mix up purchase and lease numbers, so it's hard to track what they are doing with the math.
Ask for the adjusted CAP cost on the quote (with calculation itemized), insist on the base APR, and see what you get.
Thank you. The dealer said that either the lease incentive did not exist in Oregon or that I did not qualify for it (vague). Next time, I will bring up the incentive and directly ask why I do not qualify if that is the case.
As for the interest rate, they admitted to a 3.35% interest rate (for those in categories 0 or 1 in Ford’s ranking system), but that they did not want to mention the best rate until they ran my credit application after the capitalized cost was agreed upon.
Are the lease incentive or interest rate set in stone (clear cutoffs) or are they discretionary? Your point about insisting on 3.35% made me think they might be negotiable/discretionary. I figured I would qualify for category 0 or 1 based on my credit score, but the lack of a lease incentive suggests that Ford is brushing me off for some reason so it might not be worth running the credit application. Any insight would be greatly appreciated.
The base APR is not negotiable, and can vary, depending on credit. But, the dealer can still markup the APR for extra profit. It's the markup that's negotiable. Of course, if you didn't come here for the base number, you wouldn't know the baseline.
Can I please have the residual and money factor for a 2023 expedition XLT 4x2?
36/10
39/10
42/10
48/10
Zip code 77001.
Can you also advise on incentives? I was told this specific model and trim has $5500 of lease incentive. Actually saw it on the Edmund’s car incentive section as well.
Can I please have the residual and money factor for a 2023 expedition XLT 4x2?
36/10
39/10
42/10
48/10
Zip code 77001.
Can you also advise on incentives? I was told this specific model and trim has $5500 of lease incentive. Actually saw it on the Edmund’s car incentive section as well.
2.37% APR and 52% residual 2.62% APR and 51% residual No 42 month term 4.75% APR and 44% residual
Hi, was just quoted MF of .000875 and RV of 52% on a 2023 Expedition Limited in 06877 for 36 months/15k miles. Does that interest rate seem right? 2.1% APR? Thanks
Comments
May I please have the MF, RV, and incentives for an Expedition Limited 10k/36mos - 27502
Thanks
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2WD: 56% residual
4WD: 57% residual
No lease incentives
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57% residual
$525 dealer cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
56%/54% residual for LTD/XLT
$500 dealer cash
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3.60% APR and 51% RV
No lease incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hello again, shopping around. Could I please get the MF and RV for:
Timberline 4x4
36/12
39/12
Zip: 32955
Incentives?
Thank you!
2.77% APR and 53% RV
No lease incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks
55% residual
$400 dealer cash
$1000 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hi- Can you let me know whether this is a good deal? I was able to get them down to $1250 on the monthly.
Selling price?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
NY. I don’t know the selling price. All I have is the sticker.
NY. I don’t know the selling price. All I have is the sticker.
Without it, we'd only be guessing. The dealer should provide it to you.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Selling price is $86,645. The $1250/month includes $1,500 of incentives.
2.77% APR and 53% RV
$500 dealer cash (not sure where the $1500 is coming from)
With your prices, I get $1171/mo, so not that far from the dealer quote.
Ask them for the adjusted cap cost, and how they arrived at that number from the selling price.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
May I please get the MF, RV and incentives on a 2023 Ford Expedition Limited Stealth 4x4, 36 month lease/13,500 miles per year in 48138.
Thank you
5.50% APR56% RV
$600 dealer cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thank you for the numbers. Aren’t these for a 2024? I’m looking for 2023. Thank you
Thank you for the numbers. Aren’t these for a 2024? I’m looking for 2023. Thank you
Sorry about that
2.52% APR
54% residual
$600 dealer cash
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May I please get the MF, RV and incentives on:
2023 Ford Expedition Limited, VIN 1FMJU1K8XPEA61723.
2023 Ford Expedition XLT, VIN 1FMJU1J85PEA43616.
Both RWD, 36 month lease/12,000 miles per year in 33445.
Thanks!
54%
52% RV
$2000 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2023 Ford Expedition Limited Max 4x2
2023 Ford Expedition Limited 4x2
36/12 or 39/12 in 78163
Thanks!
3.35% APR and 54% residual
3.60% APR and 52% residual
$1000 lease cash
Subtract 1% from residual for MAX
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May I please get the MF, RV and incentives on:
2023 Expedition Limited 4x4 36/18K or 39/18K in 49012
Thank you.
2.77% APR and 49% RV
No lease incentives
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MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can I please have numbers for Expedition Max 4x4 Platinum and Limited. 36/10 @ 32751. Thx!
55% residual
$2000 bonus cash on Platinum trim only
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2023 Expedition XLT 4x4 -- 36/12k in 97501
Thank you very much!
53% residual
$5500 lease cash
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2023 Ford Expedition XLT 4x4 in 97501
MSRP: $72,455
Discount: -$3,456
Total fees and taxes: $1,802.81
Total cost: $70,801.81
Residual Value: 53%
Monthly payment for 36/12K: $1,131
They are quoting 4.35% APR, but it seems higher than that when I run their numbers.
So it seems the discount needs to go up to at least $5,500 (incentives) and the APR needs to come down to 3.35% (I have excellent credit), which would bring it closer to what the Edmunds lease calculator recommends. Does that sound right? Anything I am missing? Thanks!
Ask for the adjusted CAP cost on the quote (with calculation itemized), insist on the base APR, and see what you get.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
As for the interest rate, they admitted to a 3.35% interest rate (for those in categories 0 or 1 in Ford’s ranking system), but that they did not want to mention the best rate until they ran my credit application after the capitalized cost was agreed upon.
Are the lease incentive or interest rate set in stone (clear cutoffs) or are they discretionary? Your point about insisting on 3.35% made me think they might be negotiable/discretionary. I figured I would qualify for category 0 or 1 based on my credit score, but the lack of a lease incentive suggests that Ford is brushing me off for some reason so it might not be worth running the credit application. Any insight would be greatly appreciated.
Shop other dealers
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Could you please provide me with the MF and Residual on the following Expeditions?
2023 Limited Stealth 4wd Reg 36 months/12k
2024 Limited Stealth 4wd Reg 36 months/12k
Zip is 03054
Thanks!
2.37% APR
54% residual
We have a dedicated discussion for every model year
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Can I please have the residual and money factor for a 2023 expedition XLT 4x2?
36/10
39/10
42/10
48/10
Zip code 77001.
Can you also advise on incentives? I was told this specific model and trim has $5500 of lease incentive. Actually saw it on the Edmund’s car incentive section as well.
2.62% APR and 51% residual
No 42 month term
4.75% APR and 44% residual
$1000 lease cash
I see a $1500 incentive for purchase.
Edmunds Price Checker
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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 / 2024 Kia Sportage Hybrid SX Prestige
Can I please have the residual and money factor for a 2023 expedition Platinum 4x2?
36/10
39/10
48/10
Zip code 77001.
$3000 lease cash
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
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 / 2024 Kia Sportage Hybrid SX Prestige
53% residual
$2500 lease cash
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Hi, was just quoted MF of .000875 and RV of 52% on a 2023 Expedition Limited in 06877 for 36 months/15k miles. Does that interest rate seem right? 2.1% APR? Thanks