Michigan Ford Car Dealers

Car_Man, Just signed a lease on the above with 302A, Chrome Wheels, & Navigation System. MSRP was $34,600. They gave me several rebates Totaling about $3100. With only tax, tags and License out of pocket, mo pmt is $372 x 36 mo/12K mi. (.54 residual @ 2.25%) Good deal? :)

Can you tell me the current base lease rates and residuals on a new edge or lincoln Mkx in Missouri or Kansas at a 36 mo and 15k mi and at 39 mo and 15k miles please. Thx

Here's what a dealer quoted me for leasing a '11 Edge with 302A package: 12k mi/year: 1500 down, $579/mo. 15k mi/year: 1500 down, $599/mo. Both leases offers were for 39 months. I ended up buying from a different dealer. Both dealers are in MA.

For those interested... kitmax provides the following information... 24 month lease on 2011 sho (12K mi/yr) based upon following: Cook County IL excellent credit score 0 down; 1st payment and tax upfront $44535 msrp $41326 Xplan was quoted: 1.75 mf 60%residual 1. does $719/mo & 4219 (taxes & 1st payment) seem right? 2. is Xplan good price for this model/year (possible to negotiate lower)? 3. are there any Ford incentives that dealer has available (but may not have offered) ============================================================ Ford's lease rate is, indeed, 1.75%. It's an interest rate and not a money factor. IF the residual and payment are correct and the $41,326 Xplan price is the "sell price", then the adjusted captialized cost is $42,772.69 suggesting that $1,446.69 has been capitalized (financed) in the lease. Because kitmax is paying $4,219 [1st payment + IL Sales Tax (no cap reduction indicated)] at lease signing, the $1,446.69 must consist of the following... FMC Acquisition Fee........................ 595.00 Doc fee/DMV Fees/Other Fees........ 851.69 TOTAL.......................................... 1,446.69 The bolded fees are of some concern (they're not itemized). And so, the best way to eliminate confusion and misunderstanding is to ask the dealer to provide their lease worksheet. If they don't provide it, you're not in control of the deal or not being forceful enough. There is absolutely no reason for any dealer not to provide this document. Also, the bet here is that this vehicle can be acquired for a few hundred dollars less than the indicated Xplan price of $41,326. And, as far as I know, there are no leasing incentives for the SHO at this time. John

looking for best 24 month lease on 2011 sho (12K mi/yr) based upon following: Cook County IL excellent credit score 0 down; 1st payment and tax upfront $44535 msrp $41326 Xplan was quoted: 1.75 mf 60%residual 1. does $719/mo & 4219 (taxes & 1st payment) seem right? 2. is Xplan good price for this model/year (possible to negotiate lower)? 3. are there any Ford incentives that dealer has available (but may not have offered) Thanks.