Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Have you recently switched from a luxury sedan to a luxury SUV? A reporter would like to talk to you; please reach out to [email protected] by 7/25 for more details.
Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

2017 Ford Escape Lease Questions

13468913

Comments

  • tbacbatbacba Posts: 2
    Hi, I'm looking for the residual and interest rate on both a 24/12 and 36/12 lease of a 2017 Escape Titanium. Location is upstate NY, Rochester area. The dealer is quoting a 36 month residual of 50% with an interest rate of 1.25%. This doesn't sound right to me. Thanks for your help!
  • MichaellMichaell ColoradoPosts: 113,894
    tbacba said:

    Hi, I'm looking for the residual and interest rate on both a 24/12 and 36/12 lease of a 2017 Escape Titanium. Location is upstate NY, Rochester area. The dealer is quoting a 36 month residual of 50% with an interest rate of 1.25%. This doesn't sound right to me. Thanks for your help!

    I show 52% for 36/12 on the Titanium, and we don't have the specific interest rates for NY, so can't confirm that the dealer is marking that up on you.

    The closest region we have is Ohio, where the rate is .50% for the 2017 Escape.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • tbacbatbacba Posts: 2
    Thank you for the quick response. I'll definitely check with a few other dealers.
  • pcwunlvpcwunlv Posts: 33
    MF and Residuals for Titanium FWD, 36/12, 39/12, and 42/12 in Nevada? Thanks!!!
  • MichaellMichaell ColoradoPosts: 113,894
    pcwunlv said:

    MF and Residuals for Titanium FWD, 36/12, 39/12, and 42/12 in Nevada? Thanks!!!

    No 42 month term available from Ford

    36/12 - 52% and .50%
    39/12 - 50% and .75%

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • pcwunlvpcwunlv Posts: 33
    Michaell said:

    pcwunlv said:

    MF and Residuals for Titanium FWD, 36/12, 39/12, and 42/12 in Nevada? Thanks!!!

    No 42 month term available from Ford

    36/12 - 52% and .50%
    39/12 - 50% and .75%
    Thanks!!!
  • Hi,
    What is the money factor and residual for an Escape Titanium in Southeast Michigan? Term is 24/16.5K and 36/16.5K.
    What changes if I go to 12K miles?
    Also the final price for the lease calculation is only $1,900 less than MSRP and I show RCL cash at $3,000 plus this is an "A" plan purchase? Am I missing something?
  • MichaellMichaell ColoradoPosts: 113,894

    Hi,
    What is the money factor and residual for an Escape Titanium in Southeast Michigan? Term is 24/16.5K and 36/16.5K.
    What changes if I go to 12K miles?
    Also the final price for the lease calculation is only $1,900 less than MSRP and I show RCL cash at $3,000 plus this is an "A" plan purchase? Am I missing something?

    16.5K - 49%
    12K - 52%

    I show .50% and $3000 lease cash for Ohio - MI may or may not have the same numbers.

    What is the net price you are being quoted?

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    Hi,
    What is the money factor and residual for an Escape Titanium in Southeast Michigan? Term is 24/16.5K and 36/16.5K.
    What changes if I go to 12K miles?
    Also the final price for the lease calculation is only $1,900 less than MSRP and I show RCL cash at $3,000 plus this is an "A" plan purchase? Am I missing something?

    16.5K - 49%
    12K - 52%

    I show .50% and $3000 lease cash for Ohio - MI may or may not have the same numbers.

    What is the net price you are being quoted?
    Jumped the gun - went to the dealership last night and all 4 of the grey Escapes they show on their website are gone!

    He did have a white gold one (wife hated it!) and said he'd try and grab one when the new shipment comes in. Said they can't keep them in stock!

    Only thing I can figure is they are making more on retail sales so employes have to wait (or take the ones no one wants)

    We have 4 weeks units the current lease expires so we'll see what they come up with.
  • MichaellMichaell ColoradoPosts: 113,894

    Michaell said:

    Hi,
    What is the money factor and residual for an Escape Titanium in Southeast Michigan? Term is 24/16.5K and 36/16.5K.
    What changes if I go to 12K miles?
    Also the final price for the lease calculation is only $1,900 less than MSRP and I show RCL cash at $3,000 plus this is an "A" plan purchase? Am I missing something?

    16.5K - 49%
    12K - 52%

    I show .50% and $3000 lease cash for Ohio - MI may or may not have the same numbers.

    What is the net price you are being quoted?
    Jumped the gun - went to the dealership last night and all 4 of the grey Escapes they show on their website are gone!

    He did have a white gold one (wife hated it!) and said he'd try and grab one when the new shipment comes in. Said they can't keep them in stock!

    Only thing I can figure is they are making more on retail sales so employes have to wait (or take the ones no one wants)

    We have 4 weeks units the current lease expires so we'll see what they come up with.
    They are that popular? Have you checked with other local Ford dealers? Only takes one to have the unit you want in stock.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • ted_underhillted_underhill Posts: 28
    edited January 2017
    Looking for RVs and APRs for 2017 Ford Escape SE AWD:
    39 months @10,000 miles;
    36 months @10,000 miles; and
    33 months @10,000 miles

    Upstate NY
  • kyfdxkyfdx Everywhere, USAPosts: 122,878

    Looking for RVs and APRs for 2017 Ford Escape SE AWD:
    39 months @10,000 miles;
    36 months @10,000 miles; and
    33 months @10,000 miles

    Upstate NY

    53%/51% residual for 36/39 months.
    We don't have numbers for 33 months
    0.50% APR and $3000 lease cash.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • pamelawalker77pamelawalker77 2819 Farnum Road New York, NY 10011Posts: 5
    edited January 2017
    Hello everybody, Pamela here from New York. I'm just looking for the RV, MF and Lease Cash for the 2017 Ford Escape Titanium 4WD. I just need to know the details so that I can compare it to my options and choose the best that could suit my budget. It should be great if you can give me some incentives details here. Thanks.
  • ted_underhillted_underhill Posts: 28
    edited January 2017
    Looking for RVs and APRs for 2017 Ford Escape Titanium AWD:
    39 months @10,000 miles; and
    36 months @10,000 miles;

    At upstate NY dealership, and dealer stated RV 53% and APR 1.00%. This accurate? Also, do you recommend paying all doc dmv fees upfront? What about paying sales tax up front as well (this is NY)?
  • MichaellMichaell ColoradoPosts: 113,894

    Hello everybody, Pamela here from New York. I'm just looking for the RV, MF and Lease Cash for the 2017 Ford Escape Titanium 4WD. I just need to know the details so that I can compare it to my options and choose the best that could suit my budget. It should be great if you can give me some incentives details here. Thanks.

    What lease term and how many miles per year are you looking for?

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 113,894

    Looking for RVs and APRs for 2017 Ford Escape Titanium AWD:
    39 months @10,000 miles; and
    36 months @10,000 miles;

    At upstate NY dealership, and dealer stated RV 53% and APR 1.00%. This accurate? Also, do you recommend paying all doc dmv fees upfront? What about paying sales tax up front as well (this is NY)?

    The Ford residuals are national, but the APR is regional - and, we don't have the NY specific numbers. So, dealer could be correct.

    But, connect with other dealers and see if you get the same number.

    We recommend paying your DMV costs up front. Roll the sales tax into the payment.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    Looking for RVs and APRs for 2017 Ford Escape Titanium AWD:
    39 months @10,000 miles; and
    36 months @10,000 miles;

    At upstate NY dealership, and dealer stated RV 53% and APR 1.00%. This accurate? Also, do you recommend paying all doc dmv fees upfront? What about paying sales tax up front as well (this is NY)?

    The Ford residuals are national, but the APR is regional - and, we don't have the NY specific numbers. So, dealer could be correct.

    But, connect with other dealers and see if you get the same number.

    We recommend paying your DMV costs up front. Roll the sales tax into the payment.
    How do I explain to the dealer/leasing person in terms her or she understands that when I pay the DMV fees, my intention is for such payment to reduce the amount financed (i.e writing a check on the side then retuning the numbers), as opposed to it having reflected as a cap cost reduction (i.e. having it appear as a down payment)?
  • MichaellMichaell ColoradoPosts: 113,894

    Michaell said:

    Looking for RVs and APRs for 2017 Ford Escape Titanium AWD:
    39 months @10,000 miles; and
    36 months @10,000 miles;

    At upstate NY dealership, and dealer stated RV 53% and APR 1.00%. This accurate? Also, do you recommend paying all doc dmv fees upfront? What about paying sales tax up front as well (this is NY)?

    The Ford residuals are national, but the APR is regional - and, we don't have the NY specific numbers. So, dealer could be correct.

    But, connect with other dealers and see if you get the same number.

    We recommend paying your DMV costs up front. Roll the sales tax into the payment.
    How do I explain to the dealer/leasing person in terms her or she understands that when I pay the DMV fees, my intention is for such payment to reduce the amount financed (i.e writing a check on the side then retuning the numbers), as opposed to it having reflected as a cap cost reduction (i.e. having it appear as a down payment)?
    As long as you know the exact amount of the DMV fees, that's the amount you'll right the check for. Plus the first payment, of course. Doesn't matter how it gets reflected on the paperwork.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • So, the fact that it comes out of the leasing formula just like a down payment is of no significance?
  • MichaellMichaell ColoradoPosts: 113,894

    So, the fact that it comes out of the leasing formula just like a down payment is of no significance?

    In the end, that's correct.

    Take the selling price, add all the fees and taxes, to get the adjusted cap cost. Write the check for whatever amount you want, in addition to the first payment.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • So, dealership wants to get me into this new lease even though I have three remaining months on my current lease. They've been saying, "we'll pick up remaining three months." I ran the numbers and not working out. However, I got to the issue after I did some basic math on the amount being "financed". Appears they are using the lease cash money provided from Ford for the new lease to pay off the remaining three months of the current lease. Is this SOP? Should I call B.S.?
  • MichaellMichaell ColoradoPosts: 113,894

    So, dealership wants to get me into this new lease even though I have three remaining months on my current lease. They've been saying, "we'll pick up remaining three months." I ran the numbers and not working out. However, I got to the issue after I did some basic math on the amount being "financed". Appears they are using the lease cash money provided from Ford for the new lease to pay off the remaining three months of the current lease. Is this SOP? Should I call B.S.?

    Those payments have to be paid. Using the lease cash to do so is common.

    Why not wait 3 months, then you won't have the old lease to deal with.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • I agree. But is it possible that the lease cash that's available now will not be available then?
  • MichaellMichaell ColoradoPosts: 113,894

    I agree. But is it possible that the lease cash that's available now will not be available then?

    True - nobody knows what the future numbers or incentives will look like.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • pamelawalker77pamelawalker77 2819 Farnum Road New York, NY 10011Posts: 5
    Michaell said:

    Hello everybody, Pamela here from New York. I'm just looking for the RV, MF and Lease Cash for the 2017 Ford Escape Titanium 4WD. I just need to know the details so that I can compare it to my options and choose the best that could suit my budget. It should be great if you can give me some incentives details here. Thanks.

    What lease term and how many miles per year are you looking for?
    10,000 miles for 36 months please. Thank you.
  • MichaellMichaell ColoradoPosts: 113,894

    Michaell said:

    Hello everybody, Pamela here from New York. I'm just looking for the RV, MF and Lease Cash for the 2017 Ford Escape Titanium 4WD. I just need to know the details so that I can compare it to my options and choose the best that could suit my budget. It should be great if you can give me some incentives details here. Thanks.

    What lease term and how many miles per year are you looking for?
    10,000 miles for 36 months please. Thank you.
    53% and .50%

    $3000 lease cash.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hey all. Got through my lease. What I learned. NY likes to quote 1.0 APRs. I kind of went with it given leafing through these threads (even though it should be .50 to align itself with regional number). I created a spreadsheet of all moderators and your all numbers over time and that's what said aggregated data showed. However, long story but caught my dealer quoting 2.0 APR. Was furious. So I called another dealer in the area. This dealer said, 2.0 is only for bad credit; should be .50. I called my dealer back. Dealer resisted at first. I was not budging until it got down to .50. Got it down to .50. Moral of story..if you're like me and you are aggregating data here and you are in NY, don't accept 1.0 APR. They can and will go to .50. Just gotta lean on them. Also, if you are in a current lease there is current Ford promotion where Ford/Ford Financial will cover up to three months of that lease. This is in addition to the 3,250 lease available now. Don't let the use your lease cash to cover those lease remaining lease payments if you are in such a deal.
  • MichaellMichaell ColoradoPosts: 113,894

    Hey all. Got through my lease. What I learned. NY likes to quote 1.0 APRs. I kind of went with it given leafing through these threads (even though it should be .50 to align itself with regional number). I created a spreadsheet of all moderators and your all numbers over time and that's what said aggregated data showed. However, long story but caught my dealer quoting 2.0 APR. Was furious. So I called another dealer in the area. This dealer said, 2.0 is only for bad credit; should be .50. I called my dealer back. Dealer resisted at first. I was not budging until it got down to .50. Got it down to .50. Moral of story..if you're like me and you are aggregating data here and you are in NY, don't accept 1.0 APR. They can and will go to .50. Just gotta lean on them. Also, if you are in a current lease there is current Ford promotion where Ford/Ford Financial will cover up to three months of that lease. This is in addition to the 3,250 lease available now. Don't let the use your lease cash to cover those lease remaining lease payments if you are in such a deal.

    Thanks for the info.

    Should you find out the APR is marked up, politely tell the dealer you aren't signing with an inflated APR. Then, start working with another dealer.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Everywhere, USAPosts: 122,878

    Hey all. Got through my lease. What I learned. NY likes to quote 1.0 APRs. I kind of went with it given leafing through these threads (even though it should be .50 to align itself with regional number). I created a spreadsheet of all moderators and your all numbers over time and that's what said aggregated data showed. However, long story but caught my dealer quoting 2.0 APR. Was furious. So I called another dealer in the area. This dealer said, 2.0 is only for bad credit; should be .50. I called my dealer back. Dealer resisted at first. I was not budging until it got down to .50. Got it down to .50. Moral of story..if you're like me and you are aggregating data here and you are in NY, don't accept 1.0 APR. They can and will go to .50. Just gotta lean on them. Also, if you are in a current lease there is current Ford promotion where Ford/Ford Financial will cover up to three months of that lease. This is in addition to the 3,250 lease available now. Don't let the use your lease cash to cover those lease remaining lease payments if you are in such a deal.

    Congrats on the new Escape! Good job sticking with it.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • stealth11stealth11 Posts: 17
    edited February 2017
    Hello. Do you have the February residual and apr for a 2017 Ford Escape SE for a 36/12 term in Miami?

    Thank you.
Sign In or Register to comment.