Year, Make, Model, and Trim: 2020 Ford Explorer Limited 4WD
MSRP: $54,210
Selling Price: $51,250 (5.5% discount)
Monthly Payment: $475.32 (includes 7.25% tax of $32)
Drive-Off Amount: $0
Months:36
Annual Mileage:10,500
MF:.00067 (1.61% APR)
Residual:60%
Incentives: $6900 (2250 RCL cash, 2000 cash bonus, 400 RCL first payment, 250 select inventory, 2000 Ford Private Offer - I think for competitor conquest)
Region: NorCal (Sacramento)
Leasehackr Score: 10.7
Leasehackr Calculator Link: leasehackr.com/calculator?make=Ford&miles=10000&msd=0&msrp=54210&sales_price=51250&months=36&mf=.00067&dp=0&dealer_fee=115&acq_fee=645&taxed_inc=4900&untaxed_inc=2000&rebate=0&resP=60®_fee=630&sales_tax=7.25&demo_mileage=0&memo=Actually%20came%20out%20to%20475.32%2Fmonth.%20Probably%20have%20the%20taxed%2Funtaxed%20incentives%20slightly%20off.&zero_driveoff=true&monthlyTax_radio=true
I feel good about the deal. They had some good lease incentives over President’s Day weekend and a generous 60% RV (of an already inflated MSRP) that made the lease numbers work out. Probably could have gotten the price down a bit more, but I was satisfied. The car is a bit rough around the edges, some fit/finish issues on all the 2020 Explorers, but I feel okay with it for the price I’m paying.