Leasing Option pricing

5363 Views 12 Replies 8 Participants Last post by Clackonsum, 13 d ago

ikiphoenix

Discussion Starter · Sep 5, 2020 (Edited)

Hi

i can not get any pricing from my dealer while they ask me to convert the reservation.
the price on the FORD website are not making any sens
I just purchase an ETRON 79K with $2900 down and $414 a month for24 month so how can we get the real price for the mach E
I will never pay $4500 deposit and $700 for a FORD

if anyone has real price I would be happy to convert or i will cancel my booking
there is so much competition and offer now that FORD need to make if very affordable

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AndyS_OSU

· #2 · Sep 6, 2020

No one has real pricing yet which is frustrating. I crunched the numbers on the price and build page where they have the payment estimator. It appears to me they have the residual value at a paltry 45% currently. If they want to be competitive they need the RV above 56% and an introductory APR below 2%

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JTK44

· #3 · Sep 6, 2020 (Edited)

Here is what an aggressive lease should look like:

MSRP for First Edition, including destination: $60,400
Acquisition fee (bank fee) 695

Total cost $61,095

36 months, 7,500 miles per year residual 60%, Money Factor .9%

Applied towards the cap cost cost reduction: Federal tax credit, $7,500 X-Plan,$933.

Monthly payment, without taxes, (some states waive the tax for EV's and tax rates vary state by state)

Monthly payment is $489.50

I am presently leasing a 2018 Ford Edge Sport with a MSRP of just over $47,000. My monthly payment, 36 months, 10,000 miles per year, with no money down, is $407 and that includes NY State sales tax.

Prior to this, I was leasing a 2015 Ford Edge Sport, MSRP $46,000 and the monthly payments, including NY State Sales tax, were $457.

Based on those payments, the MachE, after the Federal tax credit of $7,500, which brings the cost to just $52,000, and fewer miles per year, monthly payments should be less than $500 per month plus tax.

If you use the financial calculator, the monthly payments under the Ford Option Plan, using the Federal Tax credit of $7,500 as a down payment, are about $800 a month, plus tax, which in my opinion is utterly ridiculous and a complete non- starter.

Hope this helps.

.

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ikiphoenix

Discussion Starter · #4 · Sep 6, 2020

thanks we are on the same page and i can not commit until i know more
By the way the Etron is just amazing

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polzovotel

· #5 · Sep 6, 2020

ikiphoenix said:
Hi

i can not get any pricing from my dealer while they ask me to convert the reservation.
the price on the FORD website are not making any sens
I just purchase an ETRON 79K with $2900 down and $414 a month for24 month so how can we get the real price for the mach E
I will never pay $4500 deposit and $700 for a FORD

if anyone has real price I would be happy to convert or i will cancel my booking
there is so much competition and offer now that FORD need to make if very affordable

How did you do that? The cheapest I see is more than 1K per month.

Best Audi e-tron Lease Deals & Specials - Lease an Audi e-tron With Edmunds

Find the best Audi e-tron lease deals on Edmunds. Lease a Audi e-tron using current special offers, deals, and more. Learn about leasing offers including term, mileage, down payment, and monthly prices.

www.edmunds.com

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JTK44

· #6 · Sep 6, 2020

polzovotel said:
How did you do that? The cheapest I see is more than 1K per month.

Best Audi e-tron Lease Deals & Specials - Lease an Audi e-tron With Edmunds

Find the best Audi e-tron lease deals on Edmunds. Lease a Audi e-tron using current special offers, deals, and more. Learn about leasing offers including term, mileage, down payment, and monthly prices.

www.edmunds.com

In the metropolitan area Audi dealers are literally choking on their Etrons. Because of their high price and low range no one wants them.

My close friend who is coming out of a BMW 750iL, and before that a Tesla S, was shopping the Etron. Best deal he could come up with was $900 per month including NY State sales tax, 36 months, 10,000 miles per year, no money down.

He countered with $900 a month, NY State sales included, 10,000 miles per year, no money down for 24 months.

The dealer laughed.

Two weeks later the dealer agreed.

BTW, he loves the car but admits the range limits where he can use the car. His other car is a normal ICE which he plans to use for trips.

I drove it as well. Very solid, quiet beautiful interior, very smooth. Acceleration was fine, but not "head snapping" like the Tesla. Handling for an SUV was very good. 0-60 are 5.6 seconds, a bit slower than my Mercedes E450, 0-60 4.8 seconds.

.

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Summerlin Bob

· #7 · Sep 6, 2020

ikiphoenix said:
Hi

i can not get any pricing from my dealer while they ask me to convert the reservation.
the price on the FORD website are not making any sens
I just purchase an ETRON 79K with $2900 down and $414 a month for24 month so how can we get the real price for the mach E
I will never pay $4500 deposit and $700 for a FORD

if anyone has real price I would be happy to convert or i will cancel my booking
there is so much competition and offer now that FORD need to make if very affordable

Please clarify how you acquired a $79,000 vehicle for $12,800? That would be a residual value of 84%

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ikiphoenix

Discussion Starter · #8 · Sep 7, 2020

Ok sorry for the delay
I got a similar deal as the one on but only for 24 months in california the msrp was great i enclose my deal

Signed: 2019 Audi eTron Premium Plus $74875, 36/10k DAS $2956 (MSDs x 9), $481. (SF)

Aloha to the LH community. Another unicorn-type deal. Mahalo to @navidg and the rest of LH community for doing the majority of the heavy lifting. Took a little bit of fine tuning to get 36/10, but the real deal is 24 months/7.5k (didn’t quite meet the needs of the intended driver). [DAS + MSDs...

forum.leasehackr.com

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AndyS_OSU

· #9 · Sep 21, 2020

Hoping this means good news is coming. I tweeted at Ford’s Emma Bergg and got this reply below. On another forum someone mentioned we should be hearing something next week (Sept 29th-ish).

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Jhalkias

· #10 · Sep 21, 2020

ikiphoenix said:
Hi

i can not get any pricing from my dealer while they ask me to convert the reservation.
the price on the FORD website are not making any sens
I just purchase an ETRON 79K with $2900 down and $414 a month for24 month so how can we get the real price for the mach E
I will never pay $4500 deposit and $700 for a FORD

if anyone has real price I would be happy to convert or i will cancel my booking
there is so much competition and offer now that FORD need to make if very affordable

I am a bit confused. Your paperwork says the payment is $510.39 - not $414. And it also says $7825.64 to be paid in cash and you said you only paid $2900 down.
?

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ikiphoenix

Discussion Starter · #11 · Sep 22, 2020

Jhalkias said:
I am a bit confused. Your paperwork says the payment is $510.39 - not $414. And it also says $7825.64 to be paid in cash and you said you only paid $2900 down.
?

ok i took the warranty return and service included hence $100 more per month

then there is a multi security deposit that you recover when you return or buy the card for $4750

so my number are correct the lease is $414 + $2900

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KeindeAbiola

· #12 · 14 d ago

Hey there! Apologies for reviving a months-old thread, but I couldn't help but chime in. I totally understand your frustration with the pricing situation. It can be really confusing when the dealer's numbers don't align with what you see on the Ford website.

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Clackonsum

· #13 · 13 d ago (Edited)

As for me, It can be quite perplexing when the figures provided by the dealer do not match up with the prices displayed on the official Ford website. It's essential to get the real price for Mach E before making any decisions. I was browsing online and came across Mortgage Broker in Hedon, which might be helpful when it comes to mortgages and loans. They could provide some valuable insights into pricing and financing options. As a newbie on this forum, I'm also hunting for similar information, so I can relate. Hang in there, and I hope you find the affordable deal you're looking for!

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