Hello fellow hackrs,
We are trying to negotiate a Ford Escape SE for a friend of mine. Details below
MSRP : 28760
Selling price : 25852
Rebates : 5500
Residual : 51%
Money factor: 0.000105
Term : 36 months
Miles : 10500
Monthly (tax incl) : 233 with zero drive off
How did we do and how can we make it better?
That’s an ok deal with those numbers. However, I did get $212 a month with 7% sales tax. What state are you in?
Select Make: FORD
MSRP:
28760
Sales Price:
25852
10% off MSRP
Taxed
Incentives :
0
Untaxed Incentives :
5500
Down Payment:
-653 (to get 0 down)
Post-Sale
Rebate :
0
Acquisition Fee:
645 (Standard Ford don’t let them markup)
Miles/yr:
Residual:
51%
Months:
36
Money Factor:
0.000105
APR: 0.25%
Document Fee:
80
License/Registrat. Fee:
400
Sales Tax:
7%
X Tax is levied on the monthly lease payment (most states).
However, the selling price is still a little high. Ask the dealer to lower the selling price to the truecar value of $23,376.
At that price you should be at ~$166/ month 0 Down
Lease Calculator
Select Make: FORD
MSRP:
28760
Sales Price:
24376
15% off MSRP
Taxed
Incentives :
0
Untaxed Incentives :
5500
Down Payment:
-580 (to get 0 Down)
Post-Sale
Rebate :
0
Acquisition Fee:
645 (Standard Ford don’t let them markup)
Residual:
51 %
Months:
36
Money Factor:
0.000105
APR: 0.25%
Document Fee:
80
License/Registrat. Fee:
400
Sales Tax:
7 %
X Tax is levied on the monthly lease payment (most states).
Thank you for the reply. This was CA. 9% tax rate
Newbie here.
Looking for a 36 month Lease on Escape Titanium 301A. No trade, Only first month down, 6.75% excise tax added (Boston) . 875 FICO score. What is anticipated monthly target?