Lease Residual Value and Money Factor?
12-06-2017, 04:01 PM
#32
The leasing information and "how to" is all good.
This time of year, you need to look very carefully at what's available. Ford is currenlty offering 0% for 72 months on 2017 models.
If you look at the interest rate escalation in post #29, you'll note that Ford (and, pretty much everyone else on the planet) is banking on interest rates going up over time.
If you can purchase with 0% for 72 months....you may be better off.
This time of year, you need to look very carefully at what's available. Ford is currenlty offering 0% for 72 months on 2017 models.
If you look at the interest rate escalation in post #29, you'll note that Ford (and, pretty much everyone else on the planet) is banking on interest rates going up over time.
If you can purchase with 0% for 72 months....you may be better off.
12-13-2017, 02:35 PM
#34
The leasing information and "how to" is all good.
This time of year, you need to look very carefully at what's available. Ford is currenlty offering 0% for 72 months on 2017 models.
If you look at the interest rate escalation in post #29, you'll note that Ford (and, pretty much everyone else on the planet) is banking on interest rates going up over time.
If you can purchase with 0% for 72 months....you may be better off.
This time of year, you need to look very carefully at what's available. Ford is currenlty offering 0% for 72 months on 2017 models.
If you look at the interest rate escalation in post #29, you'll note that Ford (and, pretty much everyone else on the planet) is banking on interest rates going up over time.
If you can purchase with 0% for 72 months....you may be better off.
PS old spreadsheet link no good.
12-14-2017, 09:02 AM
#35
Senior Member
The big issue with leasing a 17 at this point is the three year residual is what the four year would have been 12 months ago. I was talking to a dealer yesterday who has a truck I like that has been in their inventory for 14 months. The guy should have been begging me and all he could do was find reasons not to sell. No leasing across state lines, He even told me he couldn’t sell it because the rear door latches are defective and there’s no parts.
So while a brand new one has a 65% resid, a 17 is down to 54%. Kills the lease alternative. He also said the money factor here was very high - why would it be different?
So while a brand new one has a 65% resid, a 17 is down to 54%. Kills the lease alternative. He also said the money factor here was very high - why would it be different?
12-14-2017, 10:08 AM
#36
Money factor is usually higher on an older truck. I leased my 2016 that way. Ended up being over 10k off sticker with their discount (sat on their lot for 11 months) and the lease cash. Price was right for me.
12-14-2017, 11:10 AM
#37
Senior Member
if Ford didn't require 4,000 down on every truck lease, they might be attractive.
09-25-2023, 12:23 PM
#38
Junior Member
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Have related query....how is the residual value decided....i am trying to lease a vehicle....the dealer has discounted the vehicle and is giving a good lease rate but when it comes to residual, they are adamant that it will be 62% of MSRP and not the Selling price.....is that the case?
09-25-2023, 12:46 PM
#39
It is always % of MRSP.