This lease is in CT not sure if that changes the value.
MSRP = $41,420
36 Month Red Carpet Lease using 10,500 MPY
All in including everything is $373 this is with trading in a 2011 Jeep Liberty they say is worth ($4800)
If I don’t trade in my jeep and put $2000 down the payments would be $448 per month for 36 months.
I know I am probably leaving something out. Let me know what you guys think.
Im not 100% sure, I’m posting this for a friend. That is all the information I have unfortunately, I just asked her this question and she said I think its $2000.
With $0 down, you’re looking at $503/month for 36 months…not really worth it for a $41k Explorer, if you ask me. You need to find out the money factor to see if they are bumping that up from buy rate and if the discount is only $2,000 like you mentioned, your friend needs to start shopping other dealerships…that’s less than a 5% discount.
Hopefully this isn’t from ford in Bridgeport, they are the worst.
Are they taking her $4800 trade in and applying it as a down payment or are they cutting her a check for the Jeep seperatly? Either way not the best deal in the world and if this is at Ford in Bridgeport tell her to run the other way.