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'17 & '18 Ford Fusion sport MF and Res?

beamer21beamer21 Member Posts: 17
edited November 2017 in Ford
Sorry if I am doing this wrong but I was wondering if I could have the Money Factor and Residual for 2017 and 2018 Ford Fusion sport.
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  • kyfdxkyfdx Moderator Posts: 236,760
    beamer21 said:

    Sorry if I am doing this wrong but I was wondering if I could have the Money Factor and Residual for 2017 and 2018 Ford Fusion sport.

    Term?
    Mileage allowance?
    State? (Ford programs are regional)

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  • beamer21beamer21 Member Posts: 17
    I would like 10,500 miles and 36 months. I live in nj and would also like to hear if someone else has had similar car leased 
  • kyfdxkyfdx Moderator Posts: 236,760
    beamer21 said:

    Sorry if I am doing this wrong but I was wondering if I could have the Money Factor and Residual for 2017 and 2018 Ford Fusion sport.

    beamer21 said:

    I would like 10,500 miles and 36 months. I live in nj and would also like to hear if someone else has had similar car leased 

    2017: 0.50% APR and 48% residual. $2500 lease cash
    2018: 1.00% APR and 53% residual

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  • beamer21beamer21 Member Posts: 17
    So apr is the same thing as residual? And what is lease cash? Is that down payment?
  • MichaellMichaell Moderator Posts: 240,997
    beamer21 said:

    So apr is the same thing as residual? And what is lease cash? Is that down payment?

    APR is the Ford version of the money factor.

    Lease cash is a factory to dealer incentive.

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  • beamer21beamer21 Member Posts: 17
    So do I take that $2500 off the cars msrp and then do a lease calculator? 
  • MichaellMichaell Moderator Posts: 240,997
    beamer21 said:

    So do I take that $2500 off the cars msrp and then do a lease calculator? 

    You negotiate your best price, then subtract the $2500

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  • beamer21beamer21 Member Posts: 17
    I wanna lease this car what would be my best approach?
  • MichaellMichaell Moderator Posts: 240,997
    beamer21 said:

    I wanna lease this car what would be my best approach?

    Negotiate your best price, subtract the lease cash from it, and watch out for junk fees and an inflated MF.

    Use this link to help you understand leasing:

    https://www.edmunds.com/car-leasing/

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