Lease Terms

panthergirl1panthergirl1 Member Posts: 1
edited February 2016 in Ford
I have been offered the following deal in NC. Is this reasonable?
MSRP - 38555
Cap cost - 33644
Residual - 23519
Upfront Cost - 532 (first month lease payment plus sales tax)
Monthly payment, 36 months, 10500 miles - 418.32

Vehicle is 2015 Edge SEL FWD, Equip Package 201 A, Technology Package, Utility Package.

Not sure whether I should pull the trigger on this or continue negotiating.

Thanks!

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  • MichaellMichaell Moderator Posts: 259,602
    panthergirl1 said:

    I have been offered the following deal in NC. Is this reasonable?
    MSRP - 38555
    Cap cost - 33644
    Residual - 23519
    Upfront Cost - 532 (first month lease payment plus sales tax)
    Monthly payment, 36 months, 10500 miles - 418.32

    Vehicle is 2015 Edge SEL FWD, Equip Package 201 A, Technology Package, Utility Package.

    Not sure whether I should pull the trigger on this or continue negotiating.

    Thanks!

    The lease numbers on the 2015 Edge SEL FWD for 36/10.5 are 53% and .50% MF. $2000 lease cash.

    Using your MSRP and cap cost, I get a payment of $378/mo plus tax.

    With the $2000 incentive, you are getting about $2900 off sticker - you might push for more of a discount on a 2015 model.

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  • shadowboxshadowbox Member Posts: 22
    edited March 2016


    Looking for Lease Terms for 2016 Edge SEL FWD 36months/10k in Los Angeles

    Sticker is $38,625. But Total on Sticker before discounts is $40,350. There is $600 off for Equipment Group Savings and $1125 off for "CA EDGE VISTA LHTR DISC". What price do I use as MSRP when figuring out Lease? The residual would still be calculated using the full MSRP of $40350 right?

    Thanks!

  • MichaellMichaell Moderator Posts: 259,602
    shadowbox said:



    Looking for Lease Terms for 2016 Edge SEL FWD 36months/10k in Los Angeles

    Sticker is $38,625. But Total on Sticker before discounts is $40,350. There is $600 off for Equipment Group Savings and $1125 off for "CA EDGE VISTA LHTR DISC". What price do I use as MSRP when figuring out Lease? The residual would still be calculated using the full MSRP of $40350 right?

    Thanks!

    Is that document the factory window sticker or added by the dealer? Residual is based on the MSRP on the factory sticker.

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  • shadowboxshadowbox Member Posts: 22
    edited March 2016
    Looks like the factory sticker. I've never seen this before. Where a discount is listed on the sticker. That's why it's confusing to know what the actual MSRP. (Too make it more confusing. If you build this car on the Ford website it gives the "Total MSRP" as $39750. So i guess that's with the equipment group savings of $600 but not the other discount.

    At any rate do you know the residual and money factor for this car in So Cal? Thanks!
  • MichaellMichaell Moderator Posts: 259,602
    shadowbox said:

    Looks like the factory sticker. I've never seen this before. Where a discount is listed on the sticker. That's why it's confusing to know what the actual MSRP. (Too make it more confusing. If you build this car on the Ford website it gives the "Total MSRP" as $39750. So i guess that's with the equipment group savings of $600 but not the other discount.

    At any rate do you know the residual and money factor for this car in So Cal? Thanks!

    58% and 1.75%

    The MSRP to use is the bottom line number, including the discounts.

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  • shadowboxshadowbox Member Posts: 22
    Thanks!
  • shadowboxshadowbox Member Posts: 22
    Do you know the the residual and money factor for the Titanium and Sport? Also, 35month/10k in SoCal.
    Thank you so much!

  • MichaellMichaell Moderator Posts: 259,602
    shadowbox said:

    Do you know the the residual and money factor for the Titanium and Sport? Also, 35month/10k in SoCal.
    Thank you so much!

    Titanium 58%
    Sport 59%

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  • shadowboxshadowbox Member Posts: 22
    Thank you!
  • shadowboxshadowbox Member Posts: 22
    Sorry about all the questions. Just trying to figure out best deal. What are the current numbers/ incentives March for 2015 Edge FWD Titanium/Sport 36 month/10k miles?

    Thanks!
  • MichaellMichaell Moderator Posts: 259,602
    shadowbox said:

    Sorry about all the questions. Just trying to figure out best deal. What are the current numbers/ incentives March for 2015 Edge FWD Titanium/Sport 36 month/10k miles?

    Thanks!

    Titanium - 53%
    Sport - 54%

    .50% MF and $2750 lease cash.

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  • shadowboxshadowbox Member Posts: 22
    Is $2750 customer cash combinable with any RCL Lease renewal programs? I am returning a 2013 Fusion. Thanks!
  • MichaellMichaell Moderator Posts: 259,602
    shadowbox said:

    Is $2750 customer cash combinable with any RCL Lease renewal programs? I am returning a 2013 Fusion. Thanks!

    Should be combinable (is that even a word?)

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  • shadowboxshadowbox Member Posts: 22
    Ha...we just invented it. Thanks!
  • shadowboxshadowbox Member Posts: 22
    If I go on TruCar or Edmunds and get TruCar price or Edmunds TMV price. Is that including the $2750 lease cash? In other words, if i go in to dealership with the TruCar certificate and then say i also want the 2750 lease cash will they say that's already reflected in the TruCar price?

    Thanks!
  • MichaellMichaell Moderator Posts: 259,602
    shadowbox said:
    If I go on TruCar or Edmunds and get TruCar price or Edmunds TMV price. Is that including the $2750 lease cash? In other words, if i go in to dealership with the TruCar certificate and then say i also want the 2750 lease cash will they say that's already reflected in the TruCar price? Thanks!
     I can't speak to what's included or not in the true car price 

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