Ford Focus Electric Lease deal

Ask the Hackrs
1

Hello hackers,

I have the following offer from a bay area dealership for Ford Focus Electric -

$1995 drive off (includes all fees), $199 + tax per month.
3 year / 10K miles

Is this a good deal?
Anyone in bay area seen any better deals for this EV?

2

MSRP? MF? Selling price? You need to give a little more info

3

Thank you. Let me talk to salesperson and get more details.

5

Here’s a deal I negotiated for my parents last month (01/28/2018) on a 2017 Ford Focus Electric with no options here in NorCal. Just thought I’d share.

MSRP: $29995
Selling Price: $26900 (10% off MSRP)
Taxed Incentives: $13000 RCL Cash
Lease Terms: 36 months / 15k miles per year
Residual: 24% ($7180 buyout at end of lease)
MF: 0.25% APR
Tax Rate: 8.25%
Payments: $274.75 per month including tax, $0 drive-off ($9891.00 total lease cost)

My parents qualify as low-income so they’re getting $4500 from CVRP + $500 from PGE. In effect this lease will cost them ($9891.00 - $5000)/36 = $135.86 per month.