Dads f150 lease is up in 2 months. Got him this deal today. Instead of turning in his vehicle, with the covid situation his trade value increased helping make this deal.
2020 Ford Explorer XLT 4x4
MSRP: $45100
Monthly Payment: $288 w/tax
Drive-Off Amount: $288
Months: 24
Annual Mileage: 10500
Residual: 66%
Incentives: 3000 (1000$ private offer, 2k standard rebates)
Region: Colorado
Gross cap: $39250
Trade in: $2121 positive equity from the f150 lease prior (this trade was more than they offered me a month ago due to covid )