Just signed for a F-150 Lightning on Saturday. Crazy enough it was the first email I sent out! I thought about holding out for the color I wanted more, but no other dealers were playing ball so I decided to jump on the great deal I had in front of me. The calculator and Rate Findr were so helpful. Thanks! My best advice to other users is find cars that have been on the lot awhile as those dealers seemed way more likely to entertain my very aggressive initial offer. Located in midwest (Chicago)
Deal Info:
Dealer Demo Car with 3k miles, 180 days on market
White F-150 Lighting - Flash Trim
Terms - 2 year, 12,000 miles / yr
MSRP - $71,560
Selling Price - $62,800
Base MF, RV took a little hit because of the mileage ($44,750)
Incentives applied -
Ford RCL - $8500
College Grad - $500
Public Charging - $500
Dealer gave me $500 in coupons from Ford during negotiation
Nearly 13% off with no add-on fees is solid even for a loaner. Rebate is only missing conquest or private offer. The reason the monthly is higher is because of the Chicago taxes, 24-month option, when 36 is usually better, and the 12k miles upfront, when they are the same price at lease end. A good deal but some questionable decisions.
I appreciate the feedback. This is my first lease and I still consider myself a novice at this.
Just curious for my next lease. Is that common for the RV to be same for a 24 or 36 month lease? I never ran the numbers for a 36 so that was definitely my mistake. It also seems like your saying I should have got a lower mile lease and paid for the miles at lease end? Is there anything else you think I should have negotiated different? Also I don’t think I qualified for a conquest rebate and I was unable to get a private offer, not for lack of trying, lol.
