I’m looking to put together a deal for a 2021 Ford Explorer XLT 4WD. Ford Credit offers a 24 month/19,500 mile per year which suits my family’s needs perfectly. I got the residual value (59%) as well as the interest rate (0.15%) from edmunds. Edmunds hosts also told me there is $1,500 in lease cash & an additional $500 in bonus cash available. I noticed on the dealer’s website that there is $1,250 in “Ford Credit Retail Bonus Cash” and $2,000 “Trade In Assistance Bonus Cash.”
I understand the Lease Cash, Bonus Cash, & Trade In Assistance Bonus. Is the $1,250 Ford Retail Credit Bonus Cash for purchase only or can it be used towards a leased vehicle? Does anybody have any luck working recently (yes, I understand what’s going on with the chip shortage & vehicle shortage) with a Ford Dealer in the NY/NJ/CT region (I live in Southern CT near the NY border) but am willing to travel
Thanks everyone in advance for your help. If I don’t make any headway “hacking” the lease on an Explorer, I qualify for X-Plan which might be the way to go if dealers aren’t receptive.