Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options

2016 Explorer XLT loaded--question on lease MF

marilyn224marilyn224 Member Posts: 7
edited June 2016 in Ford
Connecticut
2016 XLT 4WD
MSRP 44500
Sale Price 40500
Money Factor .00041
Down payment $2400
Included $1000 Ford Rebate
Residual 25396
36 Month, 12,000 miles per year

Dealer quoting me $511/month which includes both CT sales tax (6.35%) and the property taxes.

I feel like MF is too high, according to what I read I should be getting a .25MF, not a 1%. Is this a good deal or can I get this down more???
Thanks in advance!!!!!!
Tagged:

Comments

  • Options
    kyfdxkyfdx Moderator Posts: 237,313
    marilyn224 said:

    Connecticut
    2016 XLT 4WD
    MSRP 44500
    Sale Price 40500
    Money Factor .00041
    Down payment $2400
    Included $1000 Ford Rebate
    Residual 25396
    36 Month, 12,000 miles per year

    Dealer quoting me $511/month which includes both CT sales tax (6.35%) and the property taxes.

    I feel like MF is too high, according to what I read I should be getting a .25MF, not a 1%. Is this a good deal or can I get this down more???
    Thanks in advance!!!!!!

    We don't have any regional numbers for the NE. But, every other region we have shows 0.25% APR. Of course, that doesn't prove anything, one way or the other. 56% residual.

    Do you have the adjusted CAP cost?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Sign In or Register to comment.

Helpful Tools

Most popular vehicles