Hi,
Ford runs until 9th July a pretty good special on the Ford Fusion SE 1.5 with Tech. Reasonable alternative to Hyundai Sonata SE and Camry deals imho.
This is an advertised lease but I think it is pretty good anyways.
It includes 5900$ in Lease Cash out of which 3000$ is Loyalty (Ford Lessee or Owner in the last 90 days) which is the only big catch - otherwise I would’ve gotten it myself.
You can get the same car also for only 24 months (23 payments only, because of 0 DAS) at a ~15$ higher monthly payment (which is what I would’ve done if I would qualify). The residual for 24 months / 10.5k miles is 51%.
I reverse engineered the detailed numbers a bit after talking to a couple of dealers and doing my research (might not be 100% accurate, but I think it will be close to the precise breakdown):
MSRP: $24,765
Selling Price: $21,140 (15% off before incentives)
Incentives: $2,900 lease cash + $3,000 Loyalty
Monthly Payment (35 payments only): 199$ + tax
Due at Signing: $0 (includes all fees, registration etc.)
Miles/year: 10,500
Months: 36
Residual: 44%
Total payments over lease term: $6,965 + tax
Leasehackr Score: 9.9 (with 8.5% tax rate)
Note that the Fusion SE 1.5 with Tech is NOT the base Model. It actually has the “better” engine, a large touchscreen with sync 3 (android auto, apple carplay), a pretty good sounding 9 speaker sound system with subwoofer, all electric seats, automatic headlights, LED daytime running lights etc.
Found the ad here https://www.carsdirect.com/deals-articles/best-4th-of-july-new-car-deals#Ford_4th_of_July_Deals and confirmed it with a couple of dealers: Ford Fremont, Fairfield and Galpin. Ford Sunnyvale didn’t want to warrant the deal and pretended this offer is not valid anymore at any dealer.
Here’s a screenshot of the offer from Galpin fords website:
