Lease Residual Value and Money Factor?
11-25-2014, 11:08 AM
#1
Lease Residual Value and Money Factor?
Just curious if anyone on here knows what Ford's Residual value and money factors are on the Platinums? Mine is on order and should be here soon like others on here. I always try to know as much as possible before going into dealer. I'm hoping for 62% for 12,000miles/36 months and a money factor of 1.5-2.0%. My current '13 Platinum was 2.5%. Just curious if anyone knows or if one of the dealers on here would give that info up!!
First time posting but millionth time reading! Hope everyone's truck is on the ramp for the next carrier!
I ordered a '14 Shelby GT500 last year and my dealer marked in "something" so the shipping company would put it first in line. I don't know what the heck he did but it was always first on the ramp and was 3 weeks early! I asked him to do the same for my truck, said he would.
First time posting but millionth time reading! Hope everyone's truck is on the ramp for the next carrier!
I ordered a '14 Shelby GT500 last year and my dealer marked in "something" so the shipping company would put it first in line. I don't know what the heck he did but it was always first on the ramp and was 3 weeks early! I asked him to do the same for my truck, said he would.
11-25-2014, 11:56 AM
#2
Just curious if anyone on here knows what Ford's Residual value and money factors are on the Platinums? Mine is on order and should be here soon like others on here. I always try to know as much as possible before going into dealer. I'm hoping for 62% for 12,000miles/36 months and a money factor of 1.5-2.0%. My current '13 Platinum was 2.5%. Just curious if anyone knows or if one of the dealers on here would give that info up!!
First time posting but millionth time reading! Hope everyone's truck is on the ramp for the next carrier!
I ordered a '14 Shelby GT500 last year and my dealer marked in "something" so the shipping company would put it first in line. I don't know what the heck he did but it was always first on the ramp and was 3 weeks early! I asked him to do the same for my truck, said he would.
First time posting but millionth time reading! Hope everyone's truck is on the ramp for the next carrier!
I ordered a '14 Shelby GT500 last year and my dealer marked in "something" so the shipping company would put it first in line. I don't know what the heck he did but it was always first on the ramp and was 3 weeks early! I asked him to do the same for my truck, said he would.
http://forums.edmunds.com/discussion...omment_5040944
I use this to calculate:
http://www.leaseguide.com/calc/
11-25-2014, 03:45 PM
#3
Residuals and Money Factor
Asked my finance guy at the dealer about this yesterday and here is what he gave me: "The lease factor (finance rate) for 24 and 36 months is 2% & 3.5% with residuals for 15K miles per year at 66 & 61 (which are pretty good)."
I ordered a Plat that is scheduled for production December 1 with a sticker at about 61k and an invoice at about 55K. The payment with no money down and no trade is about $740 on a 36mo/15k lease. 8k down gets it to 500 per month.
I can get a 3% 60 month loan from the local CU and if I use the equity in my 11 and 10 grand down I can get it to 542.00 a month. My just pocket most of the equity from the 11 and not lay out any out of pocket cash and lease this one as I own my own business and trade trucks every 3 years almost religiously.
I ordered a Plat that is scheduled for production December 1 with a sticker at about 61k and an invoice at about 55K. The payment with no money down and no trade is about $740 on a 36mo/15k lease. 8k down gets it to 500 per month.
I can get a 3% 60 month loan from the local CU and if I use the equity in my 11 and 10 grand down I can get it to 542.00 a month. My just pocket most of the equity from the 11 and not lay out any out of pocket cash and lease this one as I own my own business and trade trucks every 3 years almost religiously.
11-25-2014, 04:05 PM
#4
Nice these posts help me a lot. I was hoping for a better rate for the 36 month lease of the 2%. If the residual is 61% for 15k a year it should be 63% for 12k a year. I think you normally add 1 percentage point per lower mileage interval. I plan on stopping in to my dealer on Saturday to see what he has to say about this.
11-25-2014, 04:13 PM
#5
Asked my finance guy at the dealer about this yesterday and here is what he gave me: "The lease factor (finance rate) for 24 and 36 months is 2% & 3.5% with residuals for 15K miles per year at 66 & 61 (which are pretty good)."
I ordered a Plat that is scheduled for production December 1 with a sticker at about 61k and an invoice at about 55K. The payment with no money down and no trade is about $740 on a 36mo/15k lease. 8k down gets it to 500 per month.
I can get a 3% 60 month loan from the local CU and if I use the equity in my 11 and 10 grand down I can get it to 542.00 a month. My just pocket most of the equity from the 11 and not lay out any out of pocket cash and lease this one as I own my own business and trade trucks every 3 years almost religiously.
I ordered a Plat that is scheduled for production December 1 with a sticker at about 61k and an invoice at about 55K. The payment with no money down and no trade is about $740 on a 36mo/15k lease. 8k down gets it to 500 per month.
I can get a 3% 60 month loan from the local CU and if I use the equity in my 11 and 10 grand down I can get it to 542.00 a month. My just pocket most of the equity from the 11 and not lay out any out of pocket cash and lease this one as I own my own business and trade trucks every 3 years almost religiously.
Are these lease rates and residuals Ford or dealer determined?
11-25-2014, 04:16 PM
#6
11-25-2014, 06:59 PM
#7
Ditto on GOBLUE, those are all set by Ford Credit. Off topic but GOBLUEJD would you happen to be a U Michigan law grad? Just a guess based on the username. I am a Univ of North Dakota law grad and been out in practice 11 years now.
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11-25-2014, 07:01 PM
#8
Good luck this weekend with OSU
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GOBLUEJD (11-25-2014)
11-25-2014, 07:07 PM
#10
