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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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I'm pricing out 2016/2017 SUV's and looking to see how I can get the best deal. Right now, I'm focusing on the Ford Explorer since I like the styling and might be able to get the options I want for a decent price. I'm looking for MF and Residuals in NYC for:
2017 Ford Explorer Limited w/ 301A Equipment Group & Twin Panel Sunroof - 36/39months / 10k/12k
2017 Ford Explorer Sport w/ 401A Equipment Group & Twin Panel Sunroof - 36/39months / 10k/12k
2016 Ford Explorer Limited w/ 301A Equipment Group & Twin Panel Sunroof - 36/39months / 10k/12k
2016 Ford Explorer Sport w/ 401A Equipment Group & Twin Panel Sunroof - 36/39months / 10k/12k
(Don't really care about the sunroof, but many of the cars I've seen already have it)
1) Is there any cost benefit to buying a 2016 vs 2017 right now?
2) How do add-ons factor in to the residual? Is it the total post-addon MSRP x residual % or pre-addon MSRP x residual?
3) When I go in to the dealer, should I expect to get the MF and Residual % you guys provide or is this where they try to get you? Is the figure you provide for "well qualified" lessees.
4) I qualify for Ford X-plan, how does that factor in to the equation?
Sorry for all the questions, I'm a finance guy, but totally new to leasing, so please bear with me
Thanks!
2. Residual is applied to the bottom line number of the window sticker (base MSRP + options + destination)
3. Dealer can mark up the money factor; residual is fixed by the bank. The numbers we quote are for top tier credit
4. X-plan helps set a price to use in the lease calculation
I'll assume that you are looking at AWD.
2017 Limited
36/12 - 53% and 1.25%
39/12 - 51% and 1.50%
2017 Sport
36/12 - 56% and 1.25%
39/12 - 54% and 1.50%
Add 1% to the residual for 10K. $250 lease cash.
2016 discussion can be found here:
http://forums.edmunds.com/discussion/35591/ford/explorer/2016-ford-explorer-lease-questions#latest
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
10.5k/24 mo
10.5k/36 mo
Thanks!
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39/12: 1.50% APR and 51% residual
Add 1% to residual for 10.5K/yr
Those numbers are for SoCal, which is the closest I have.
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No information on pricing.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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Edmunds Moderator
Thanks
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
39/10.5 - 52% and 1.50%
$250 lease cash.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Explorer Limited 2017
36,39,42 months
12K, 15K
Explorer Platinum 2017
36,39,42 months
12K, 15K
Both trims have the same numbers
36/15 - 51% and 1.25%
39/15 - 49% and 1.50%
Add 2% for 12K. $250 lease cash.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Explorer XLT 2017
36,39,months
12K, 15K
Explorer Limited 2017
36,39 months
12K, 15K
Explorer Sport 2017
36,39,months
12K, 15K
Explorer Platinum 2017
36,39 months
12K, 15K
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Explorer XLT 2017 4x4
36,39,months
12K, 15K
Explorer Limited 2017 4x4
36,39 months
12K, 15K
Explorer Sport 2017 4x4
36,39,months
12K, 15K
Explorer Platinum 2017 4x4
36,39 months
12K, 15K
36 months - .50%
39 months - .75%
$750 lease cash
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
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MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Explorer XLT 2017 4x4
36,39,months
12K, 15K
Explorer Limited 2017 4x4
36,39 months
12K, 15K
Explorer Sport 2017 4x4
36,39,months
12K, 15K
Explorer Platinum 2017 4x4
36,39 months
12K, 15K
XLT 52%
Limited / Platinum 50%
Sport 53%
Subtract 2% for 39/15. Add 2% for 12k
36 mo MF .50%
39mo MF .75%
$750 lease cash.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
1.25% MF
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
What about for 12k miles on both terms?
Are there any lease cash incentives?
No lease incentives for 2017 Explorer
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2017 Ford Explorer Limited FWD
2017 Ford Explorer Platinum
in zip 34638? Thank you!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
still think I left some money there. Wanted to grind more but just got tired.
What do you think?
MSRP 51,405
Sale price 46,555 Incentive $1750 included
36 months 12,000 per year lease
Residual 55% X 51,405 = 28272.75
46,555 - 28272.75 = 18282.25 divided X 36 507.84
Interest @ .25% 46555+ 28272.75 = 748827.75 X .0000104 = 7.78
507.84 + 7.78 = 515.62 sales tax 7% 36.09 Total 551.71
Total no money down $551.71
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
39/10.5 - 54% and .75%
$750 lease cash
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
1.25% APR and $250 lease cash
52%/55% residual for Limited/Sport
Add 1% for 10.5K/yr
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
here is the offer i got, and it's not looking attractive at all.
2017 Ford Explorer Sport
Stock number 17T212
M.S.R.P. $52,575
selling price is $49,325.
12,000 miles per year
36 months
$695.29 per month
Residual 55%
APR 1%
$2,250 in rebates
$200 total out of pocket. tax is in the payment.