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Ford Lease Information?

jessica307jessica307 Member Posts: 8
edited November 2017 in Ford
Does anyone know then base money factor for Ford I’m California?
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    Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    edited November 2017
    @jessica307 Please tell us year and model and trim level.
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    jessica307jessica307 Member Posts: 8
    looking to lease 2017 ford explorer base or an XLT 36 month/12 miles yr
    i would like to know the money factor and the residual percent for this car?
    i don't know what the trim is where can i find this information?
    thank you
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    jessica307jessica307 Member Posts: 8
    what kind of incentives can i get on ford explorer 2017 base or xlt
    36m/12k california
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    kyfdxkyfdx Moderator Posts: 237,295
    edited November 2017
    jessica307 said:

    looking to lease 2017 ford explorer base or an XLT 36 month/12 miles yr
    i would like to know the money factor and the residual percent for this car?
    i don't know what the trim is where can i find this information?
    thank you

    Base/XLT is the trim.
    48%/50% residual for Base/XLT for 36/12
    0.50% APR
    $3875 lease cash.

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    jessica307jessica307 Member Posts: 8
    i was quoted for a ford explorer 2017 base 36 month 12k miles zero down 425.96 TAX INC
    32,800 MSRP
    28,300 NET
    0.5% RCL FACTOR
    does this looks correct it seems kinda of high

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    MichaellMichaell Moderator Posts: 241,336
    jessica307 said:

    i was quoted for a ford explorer 2017 base 36 month 12k miles zero down 425.96 TAX INC
    32,800 MSRP
    28,300 NET
    0.5% RCL FACTOR
    does this looks correct it seems kinda of high

    What state is this for? The Ford lease numbers are regional.

    How much is due at signing? That's different from down payment.

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    jessica307jessica307 Member Posts: 8
    this is for CA my zip is 90023 and nothing down
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    kyfdxkyfdx Moderator Posts: 237,295
    jessica307 said:

    this is for CA my zip is 90023 and nothing down

    0.50% APR and 49% residual
    $3875 lease cash
    If that "NET" is the adjusted CAP cost, then I get $349/mo.+tax, which should be around $380/mo.
    So, yeah... $425/mo. seems kind of high.

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    jessica307jessica307 Member Posts: 8
    is NET CAP & CAP COST the same thing?
    $32,800 MSRP
    $4,500 DISCOUNTS
    $28,300 NET CAP
    RCL FACTOR 0.5%
    ZERO DOWN NOTHING OUT OF POCKET
    I WAS QUOTED $ 425.96 MONTHLY THIS INCLUDES TAXES
    I FEEL LIKE THIS IS TO HIGH???
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    kyfdxkyfdx Moderator Posts: 237,295
    jessica307 said:

    is NET CAP & CAP COST the same thing?
    $32,800 MSRP
    $4,500 DISCOUNTS
    $28,300 NET CAP
    RCL FACTOR 0.5%
    ZERO DOWN NOTHING OUT OF POCKET
    I WAS QUOTED $ 425.96 MONTHLY THIS INCLUDES TAXES
    I FEEL LIKE THIS IS TO HIGH???

    Net CAP and adjusted CAP should be the same thing.
    But, in this case, they aren't.
    As you can see, they've deducted the discounts from the MSRP.
    But, since you have ZERO out of pocket, there should be other amounts added, like the acquisition fee, DMV fees, dealer fees, first payment.

    So, the actual adjusted CAP cost has to be higher than that $28,300 number.
    That's the number you want from them. And, an itemization of why it differs from $28,300. That's where all the crap gets added to your deal.

    Also, considering the amount of lease cash on this vehicle, $4500 off doesn't seem like a great deal.

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    jessica307jessica307 Member Posts: 8
    i am very new to this. i am looking for a 2017 ford explorer base lease 36m/12k miles zero down and i have great credit, I'm in California
    and i see most of the 2017 explorer base at MSRP 32,000- 33,000 whats should i be asking for as far as a net cap?
    what is reasonable amount and realistic amount i should be trying to pay with all fees rolled in???
    i can't seem to come across a good deal and need a car asap.
    thank you
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    jessica307jessica307 Member Posts: 8
    i was also quoted another offer for ford explorer 2017 base suv i4 echo boost
    $33,565 MSRP
    $29,000 NET
    ZERO DOWN ALL FEES ROLLED IN 36MONTH 12K MILES
    49% residual
    0.5% RCL FACTOR
    $391.00 THIS INCLUDES TAX & FEES
    does this look correct?
    im in CA
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    MichaellMichaell Moderator Posts: 241,336
    jessica307 said:

    i was also quoted another offer for ford explorer 2017 base suv i4 echo boost
    $33,565 MSRP
    $29,000 NET
    ZERO DOWN ALL FEES ROLLED IN 36MONTH 12K MILES
    49% residual
    0.5% RCL FACTOR
    $391.00 THIS INCLUDES TAX & FEES
    does this look correct?
    im in CA

    Using those numbers, I get a payment of $358/mo plus tax; if the tax rate is 9%, then the dealer quote is spot on.

    If this is truly a sign and drive, looks to be a good deal.

    We don’t track pricing – use the “make / model / year” tabs at the top of the page to link to the Edmunds price tools.

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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