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Lease to own good idea?

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Old 04-13-2013, 08:56 PM
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Originally Posted by Mike Up

Right now I can buy a brand new 2013 FX4 around $35,000. A 2011 is definitely not worth $35,000.
According to Kelly blue book it is. Where and how can you get that much marked off your truck?
Old 04-13-2013, 08:58 PM
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ALOT of unknowns for the average Joe.

Also, if you don't put down anything on a lease, its just added back into the monthly payment, which makes it higher anyway.

Advertising on leases is deceptive anyway. New F150 $199 a month, $3999 down. Yeah, right! LOL

Originally Posted by straightaxle
You HAVE to understand how to capitalize on leasing in order to NOT get burned. Biggest thing, is if you aren't sure about anything, and do decide to lease, put down as little as possible, because you won't get it back.
Old 04-13-2013, 11:31 PM
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Originally Posted by jchop30
According to Kelly blue book it is. Where and how can you get that much marked off your truck?
I can get the Xplan price (which can be negotiated if you have the patience), and then subtract the rebates which are $3500 for an FX4.

When I looked, that's what the 2012 price was. I guess the 2013 went up a couple grand (description of truck here on Window sticker) but still wouldn't buy a used truck for only $2000 less.

Last edited by Mike Up; 04-13-2013 at 11:34 PM.
Old 04-14-2013, 05:12 AM
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I lease since I trade every 3 years or sooner. If you trade before lease is up it is just a normal trade not a lease turn in. I had mods on a few of my leases and if you trade depending on the mods it can help trade value. Then again it depends on the Dealership. Then again I get D plan pricing so do not have to haggle on pricing. Plus all rebates still get applied. I have never been upside down when trading in a lease early, never paid anymore than the 1st payment at time of delivery. I also only live 5.5 miles from work and wife is only 1/2 a block and walks most days. I am always under the 10,500 a year in miles.
Old 04-14-2013, 10:37 AM
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Originally Posted by Mike Up

I can get the Xplan price (which can be negotiated if you have the patience), and then subtract the rebates which are $3500 for an FX4.

When I looked, that's what the 2012 price was. I guess the 2013 went up a couple grand (description of truck here on Window sticker) but still wouldn't buy a used truck for only $2000 less.
Thanks for posting that link, my truck now has leather and the Eco. So I think a 2013 that is essentially the same truck as I have know would have to be more than the price of the truck you showed me. I don't think I qualify for the x-plan though, if I could qualify and the dealer gives a great deal on a 13 fx4 I would be crazy not to purchase that truck instead of my current one though. I'll just have to look around. Thanks for your help though.
Old 04-15-2013, 07:36 AM
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Originally Posted by jchop30

I don't think I qualify for the x-plan though, if I could qualify and the dealer gives a great deal on a 13 fx4.
X-plan pricing isn't that great of a price. Typically it's around $500 over invoice. Most dealers will sell at or below invoice all day. Some high volume dealers will sell at $1000-1500 below invoice on every vehicle they have in...and sometimes even deeper than that depending on the amount of holdback they have. Good luck.
Old 04-16-2013, 12:36 AM
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Originally Posted by gregsf150stx
ALOT of unknowns for the average Joe.

Also, if you don't put down anything on a lease, its just added back into the monthly payment, which makes it higher anyway.

Advertising on leases is deceptive anyway. New F150 $199 a month, $3999 down. Yeah, right! LOL
I shake my head every time I see those terms, why would I just **** away $4K for the privilege of leasing a vehicle? On top of that, at least here, you have to pay tax and the extremely high registration, ours is high for the first 3 years because so many people need a new car every 3 years so that is the best way for the gvt. to screw you. After 3 years plates are about 1/4 of those first 3 years rates. So I pay $4K, another couple grand in tax and another grand for plates each year. Only way that works is if you have the "I've got to always have a new car" disease. If you have that you are throwing a lot of money away no matter what.
Old 04-16-2013, 10:47 AM
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I've always bought at x-plan. Its a no-haggle price, and it caps "DEALER/DOC" fees @ $100 max.

Sure some dealers will sell below invoice, because they're gonna make it up with a $498 doc fee.

Not everyone has a "high volume" dealer in their city.

Most dealers go on the defensive when you start mentioning "holdback".


Originally Posted by ntrimm
X-plan pricing isn't that great of a price. Typically it's around $500 over invoice. Most dealers will sell at or below invoice all day. Some high volume dealers will sell at $1000-1500 below invoice on every vehicle they have in...and sometimes even deeper than that depending on the amount of holdback they have. Good luck.



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