LH members,
I am helping a friend with his lease in NY. He currently has a 2016 Ford Escape and is trading in for 2019 Ford Escape. This is what we were quoted
2019 Ford Escape AWD SE Loaner 2k miles
MSRP $29,390
Selling Price $25,050.00
APR ???
Residual 51%
Lease Cash $2250
36 mo. / 12 K
$500 DAS
$297/month
Could not find any info on Loyalty and dealer has been beating around the bush with that info.
I have requested the APR% as it should be 1.4% via Edmunds
I have also requested a larger discount since it is a loaner.
This is the worksheet I received, any thoughts?