Deal evaluation - 2018 Ford Escape - $189/mth

Ask the Hackrs
1

I negociated the following deal on ‘18 Ford Escape for 24/12k term; want to run these numbers through experts before I take delivery later today.

2018 Ford Escape SE

  • equipment group 200A
  • Technology Sync 3 package

MSRP: $27,620
Rebates: ($7,625)
Adj. Cap cost: $19,995
Residual: 0.57 for 24/12k
MF: 0.000104
Tax: 6% (MI)
Monthly pmt (with tax): $189

Drive offs: $412

  • First month: $189
  • New plate registration: $162
  • Other: $61

Rebate includes:

  • A-Plan pricing
  • Conquest
  • College grad
  • Dealer incentives

Leasehackr score: 12.7 years

2

Great deal! The escape is the reason I started leasing. I bought a lightly used fully loaded escape for my wife back in late 2013, had only 20,000 miles or something but got it for $22k on a $31k msrp, thought it was a great deal. She drove it for 3 years, and ended up with just around 60,000 miles and dealers were offering $7-9k for trade in despite it being in great condition with new tires and stuff. Ended up selling it to her parents for $9k

Total ownership cost after sales tax, new tires, and the payment ended up being an effective monthly payment of $440.

Ran numbers on what I could have done if we leased the escape instead and that’s when it clicked.

So all in all, great deal!

3

Solid deal. Well under 1%.

4

Solid deal, but is there no dealer discount at all? Rebates make up the entire discount?

5

Can you please the rebates?

6

This is from 11 months ago. Programs have changed since then.

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