$500 per month - What Will I Get?
#1
$500 per month - What Will I Get?
Its nearly time to end the lease on my Ford Explorer (woohoo) and I am still keen on gettng a F150.
Would any of you lovely people be able to give me some idea of what I will be able to spec up to for $500 per month (lease) over 2/3 years?
Ideally i would like Ltd but not sure $500 per month will cut it. Looking to put as little (or nothing ) down as possible.
Any ideas would be great!
Would any of you lovely people be able to give me some idea of what I will be able to spec up to for $500 per month (lease) over 2/3 years?
Ideally i would like Ltd but not sure $500 per month will cut it. Looking to put as little (or nothing ) down as possible.
Any ideas would be great!
#2
Just a guess based on my own trip to the dealership recently, and assuming you have great credit, you would be in the $40k range with nothing down.
#5
Senior Member
Ether vehicle prices are alot cheaper where you are but Im paying $500 a month for a 2012 XTR screw 4x4 and thats on a 7 years finance with 3000 down. If your looking at lease and from what lease rates look like now you might be able to a xlt with a few extras. Pretty sure a fully loaded FX4 is going to put you around 800 on a 2 or 3 year lease. Lease rates are the biggest factor.
#6
Ok thanks - maybe I need to consider if a truck is the right thing. I currently lease a Ford Expllorer Ltd for $500 over 2 years. I was not expecting it to be that much more expensive.
I guess, if you look at it logically that the dealer expects you to use it as a work vehicle and therefore builds that into the depreciation cost. Maybe im worng on that.
Im in North Jersey BTW
I guess, if you look at it logically that the dealer expects you to use it as a work vehicle and therefore builds that into the depreciation cost. Maybe im worng on that.
Im in North Jersey BTW
#7
Senior Member
Ok thanks - maybe I need to consider if a truck is the right thing. I currently lease a Ford Expllorer Ltd for $500 over 2 years. I was not expecting it to be that much more expensive.
I guess, if you look at it logically that the dealer expects you to use it as a work vehicle and therefore builds that into the depreciation cost. Maybe im worng on that.
Im in North Jersey BTW
I guess, if you look at it logically that the dealer expects you to use it as a work vehicle and therefore builds that into the depreciation cost. Maybe im worng on that.
Im in North Jersey BTW
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ShaggyF150 (03-14-2014)
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#8
Senior Member
Leasing is generally a bad alternative unless you're a business writing it off as an expense.
You can use any loan calculator to figure out what you can spend for $500 a month. For a 5 year loan at 4%, you could spend $27,200. At 2%, you could spend $28,500.
Penfed is 0.99%. Buy it via their service and it's 0%.
You can use any loan calculator to figure out what you can spend for $500 a month. For a 5 year loan at 4%, you could spend $27,200. At 2%, you could spend $28,500.
Penfed is 0.99%. Buy it via their service and it's 0%.