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Lincoln MKZ Hybrid
Interested in the Lincoln hybrid? Or maybe you're got yourself a brand new one? This is the place to discuss it.
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To rub salt in that wound, we got a mailing from Ford the week before, $750 Best Buy card for any Lincoln purchase!*
*excluding hybrids... :mad:
I had been considering the FFH, but I wanted leather, can't get that w/o a sunroof in a FFH, so this worked out fine for me.
So far so good, still learning the ropes, getting 36 mpg around town on first tank. Good combination of ride and handling, firmer than my '96 ES300, but better handling.
You'll save about a grand if you locate & buy from dealer with car on their lot. This is because the original dealer keeps holdback (on ours it was $815). Also, swapping/finding car means that dealer passes on fee to pick up/swap on to you, other than that they all pay the same for the car.
Kudos to Ford & Lincoln for not being greedy and charging no extra for a hybrid. Only had it a few days and we love it, can you tell? Guiltless luxury abounds.
Comments welcomed
I took delivery on Platinum Dune color with 203A + Panaromic packages - in short The Works
MSRP was $47500. Got a lease of 39 months for 15k/year at $520/month after $1500 down payment. Residual was 55%, Money Factor was 1.75%.
Nice... and I don't have to suffer from new car envy since we picked a new one upon Friday night!!
2015 Lincoln MKZ Sedan Incentives and Rebates
Trade-In Customers & Current Lessees
$339 /mo.
36 Month Lincoln AFS Red Carpet Lease
$0 Down Payment
$0 First Month's Payment
$0 Cash Due at Signing
Security deposit waived
Taxes, title and license fees extra
The fine print should provide more information about MSRP and such.
On the surface, it looks good ... but, the devil is in the details.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
"MKZ Premium Equipment Group and MKZ Hybrid 200A Equipment Group. Not all buyers will qualify for Lincoln AFS Red Carpet Lease. Payments may vary; dealer determines price. Residency restrictions apply. Cash due at signing is after $4,100 Customer Cash for MKZ and $2,500 Customer Cash for MKZ Hybrid (PGM #50141) + $450 First Month's Payment Customer Cash (PGM #50143) + $1,000 Labor Day Trade-In Assist Bonus Cash (PGM #30137) which requires trade-in of 1995 or newer vehicle, or terminate lease 30 days prior to or 90 days after new retail delivery. Lessee responsible for excess wear and mileage over 31,500 miles at $0.20 per mile. Lessee has option to purchase vehicle at lease end at price negotiated with dealer at signing. Take new retail delivery from dealer stock by 9/7/15. See dealer for qualifications and complete details. Vehicle shown may have optional equipment not included in payment."
51% residual for FWD gas
55% residual for FWD Hybrid
Unfortunately, we don't have any other Lincoln lease information.
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After you price out your MKZ and land on the TMV page, "available" incentives will show up like so:
That's just a sample screenshot for a Fiat btw. I put available in quotes because incentives that aren't generally available unless you specifically qualify for them (loyalty/conquest, military, etc.) won't show up on that TMV page.
I didn't see any loyalty/conquest incentives for the MKZ hybrid for the one zip code I checked. They can be a bit hard to track.
Based on your response and the information above, I have two questions.
1. Assuming one qualifies for either dealer cash option, the applicable amount of dealer cash can be subtracted from the TMV which is provided on the edmunds.com website. Is that correct?
2. Do you have to finance in order to take advantage of either dealer cash option from Lincoln? I am not clear on this from the fine print.
Please advise. Thanks, again!
2. The way I read your link, you don't have to finance to get the Loyalty or Conquest cash.
Note that Lincoln's fine print says "Please see your dealer for details." I'm curious to learn if your dealer reads this the same way.
Thank you.