Looking to lease a 2016 Ford Explorer Sport 4WD with 401A equipment package. Hoping I can get some advise on whether this deal I was offered is good. Also, what is the money factor/% for a Ford lease on this truck? They told me but I forgot and it wasn’t on the written quote they gave us. I was hoping to avoid calling the dealer back before I received some advice on what they quoted.
Quote:
2016 Ford Explorer Sport 4WD with 401A equipment package.
Plus $3,805 in additional options:
- All weather floor mats
- 2nd row bucket seats
- Front fog lamp - LED
- Twin Panel Moonroof
- RF Rack XBAR
- Adapt Cruise/Colli Warning
MSRP Price Information
$43,500.00 - Base Price
$ 4,300.00 - Equipment Group 401A Option
$ 3,805.00 - Additional Options
$51,605.00 - Total Vehicle & Options
$ 945.00 - Destination & Delivery
$52,550.00 - Total MSRP
We asked for a $0 money down with everything (title, taxes and fees) rolled into the lease payments. Term of 36 months/12,000 mi per year. (We made the mistake of not negotiating the sales price first
Dealership offered: $49,999. $0 down with $625 per month /36 months/12,000 mi per year and first payment of $625 due at signing. Any advice?