Year, Make, Model, and Trim: 2020 Ford Explorer XLT AWD
MSRP: $41,075
Monthly Payment: $399
Drive-Off Amount: $747.50
Months:39
Annual Mileage:12,000
MF:.00168 (Somewhat high, first time buyer on lease)
Residual:59%
Incentives:$3500
Region:Midwest Chicago Suburbs
Leasehackr Score:9.2
Leasehackr Calculator Link: leasehackr.com/calculator?make=Ford&miles=12000&msd=0&msrp=41075&sales_price=36500&months=39&mf=0.00168953&dp=0&dealer_fee=300&acq_fee=645&taxed_inc=3500&untaxed_inc=0&rebate=0&resP=59®_fee=276&sales_tax=7&demo_mileage=0&memo=&zero_driveoff=true&monthlyTax_radio=true
Overall happy with the deal. The money factor ended up being a little higher than I was expecting but
my fiance is a first time buyer and is on the lease as well. Had to mess with the calculator a little bit to account for the $747.50 drive off which covered plates and first payment.