Signed: 2020 Ford Edge SEL $325 per month $0 DAS

How did I do? Calculator comes up with $1 variance not sure why…

2020 Ford Edge SEL:
MSRP: $38075
Monthly Payment: $325
Drive-Off Amount: $0
Months:36
Annual Mileage:12000
MF: 0.05% APR
Residual: 48%
Incentives: $6750
Region: SoCal
Leasehackr Score: 10.8
Leasehackr Calculator Link: leasehackr.com/calculator?make=Ford&miles=12000&msd=0&msrp=38075&sales_price=33881.04&months=36&mf=0.000000208333&dp=0&dealer_fee=115&acq_fee=645&taxed_inc=6750&untaxed_inc=0&rebate=0&resP=48&reg_fee=455.75&sales_tax=7.75&demo_mileage=0&memo=&zero_driveoff=true&monthlyTax_radio=true

3 Likes

Nice work. It’s an uphill battle with that residual.

I think pretty well :slight_smile:

That looks good. Do you know the incentives (rebates) you got?

Any chance you would share the dealer and contact. I am in Orange County.

Below are current incentives which are similar to last months when I leased (note that Select incentive is not available on all inventory, I suggest searching ford.com for eligible inventory):

Retail Bonus Cash

Program #13764: Take new retail delivery from dealer stock by 08/31/2020. See dealer for complete details.

Amount: $-3,000, Offer Valid: 08/04/2020-08/31/2020

Select Inventory Bonus Customer Cash

Program #13788: Eligible vehicles will receive $2,500.00 “Select Inventory” Bonus Customer Cash. Vehicle supply is limited. Take new retail delivery from dealer stock by 08/31/2020. See dealer for complete details.

Amount: $-2,500, Offer Valid: 07/07/2020-08/31/2020

Retail Customer Cash

Program #13774: Take new retail delivery from dealer stock by 08/31/2020. See dealer for complete details.

Amount: $-1,250, Offer Valid: 07/07/2020-08/31/2020

1 Like

I just sent you PM

Great job!

The incentives u listed say Retail normally that means for purchase only so they let you use them on a lease?

You are correct and sorry for confusion as lease incentives total to same amount. The Select Inventory Bonus Customer Cash Program #13788 $2,500 applies to both retail and lease, and was extended till end of Aug. Lease incentives: RCL Customer Cash Program #50528 $4,000, and Select Inventory RCL Customer Cash Program #50538 $250 were also extended till end of Aug.

I’ll 2nd this request… looking for an Edge this week! Plz share dealer/salesman contact if possible.
Congrats on your deal!

I was wanting to try and duplicate this deal but noticed that the payment was way different on almost the same price car and discount. I went back and looked at your calculator and although the APR for the Edge SEL is .05 you have it as zero. Am I missing something here because otherwise I am in the 400’s on payment with that APR.

At the time in July APR was .05% which converts to MF as 0.05% / 2400 = 0.000000208333 used in calculator. I had some dealers quoting inflated APR.

I 3rd this request, anyone out there get a similar deal? I am in Florida and the lowest I am getting on the same vehicle is $510 and I think DOA is zero. I have to reconfirm. Our residual here is really bad too (.45)