Missing lots of inputs needed to properly evaluate the deal.
Having current, accurate information for residual value, money factor, and incentives is important in understanding your deal. As such, going directly to a source that has access to that data from the captive banks is your best option. The forums at Edmunds are where we go to get that information, as they have direct access to it from the captive banks. You’ll want to post of the model specific thread for the vehicle you’re interested in and request the most current numbers for your zip code. It is often easiest to find that thread by searching Google for “Edmunds lease” followed by the model of vehicle you’re interested in.
Don’t know much about Fords but a $1500 discount on a year old car is pathetic. So many better cars to be had for ~$500 a month. That’s awful.
Thanks, here’s what I got from Edmunds:
$2750 lease cash
SE - 46%
SEL - 48%
Good grief, is this even a question? $500 for an Edge?
Paltry 4% dealer discount, terrible residual value, and measly incentives = terrible deal. I’d look on market place for comparable cars from competition that currently lease better.
No surprise that has management approval
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