View Full Version : Lease Specials?


Trader4Less
01-18-2005, 08:08 PM
Anyone know of any Ford lease specials at this time? (January 18th)

cctxfish
01-24-2005, 06:46 PM
No but I bet you there might be some good deals on some 2004 models

Trader4Less
01-24-2005, 06:49 PM
I thought so too, however, with the residual value it is more beneficial to but the newest model...actually by the month as well as the year. For example, If you lease a 2004 the residual value would be worse on a car sent out in August as compared to December....

cctxfish
01-24-2005, 07:05 PM
I thought the only things that mattered was year model, options, and the mileage?

Trader4Less
01-24-2005, 07:09 PM
I have leased 3 vehicles myself and helped my girlfriend out last November. Look into it... you'll find out it is cheaper and a better deal to lease the newest year +month as possible. It loses value sitting out in the lot.

cctxfish
01-24-2005, 07:47 PM
Yeah, but I keep my vehicles a few years after I've paid them off. Except for the Chevy, but that was because I got laid off, so I just paid it off and sold it.

Trader4Less
01-25-2005, 02:27 AM
I agree with buying it after the lease is over...that is if the car is worth more than the residual value payoff. Thta is another reason to lease the latest year + month vehicle on he lot! I paid off my Blazer and kept it one more year. I was then able to sell it for $4000 more than I owed on it...sweet deal! lol

cctxfish
01-25-2005, 01:20 PM
When your leasing I didn't know any of the money is going toward some loan principle.

Trader4Less
01-25-2005, 01:24 PM
I believe so, otherwise if your lease was $399 that would all be interest.....??

cctxfish
01-25-2005, 01:38 PM
Or just the decrease in vehicle value and any interest they could make?

Trader4Less
01-25-2005, 02:10 PM
When I leased my Tundra, Toyota gaurenteed that the amount left over to pay off the vehicle would be less than could be loaned out for the car. Only vehicles that offer this deal know the value of their leased car holds out. Otherwise, you would have to pay more than a loan would give you if you wanted to buy or refinance your vehicle after the lease was over....which is not good!