2021 Bronco Lease Residuals (including Heritage Edition!)

[Boxer4]

The higher the residual value, the lower the payment, ***assuming that the interest rate is the same*** which is not always the case (so you should double check that). If you are buying, and you have the same interest rate regardless, you can directly compare this percentage. The higher the better.


For example:
A Base 2-door Bronco will be worth:
72% of its original value after 24 months
67% after 36 months (3 years)
66% after 39 months
62% after 48 months (4 years)

When you see this, you understand why people like to buy vehicles that are about 2-3 years old, because the depreciation curve flattens out after year one.

My only open question: Does this % include the destination charge? So is a Base 2-Door start at $28,500 or $30,000 NEW?

$ 29,995- so yes
The base 36 month has a 3%ARP

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[ZackDanger]

The higher the "residual" the lower the depreciation.

The lower the depreciation, the more your bronco is worth at the end of your lease.

The more your bronco is at the end of your lease, the less you have to pay *during* the lease to offset the depreciation.

The higher the residual, the lower the monthly payment.

 

[Toccoa]

The higher the "residual" the lower the depreciation.

The lower the depreciation, the more your bronco is worth at the end of your lease.

The more your bronco is at the end of your lease, the less you have to pay *during* the lease to offset the depreciation.

The higher the residual, the lower the monthly payment.

 

[U725Bronco]

It's odd that the residuals for the FE are so much lower than the BL or WT.

 

[redflipppper`]

As predicted, the Base has the highest residual value.
You can make your payments to settle your bets with me in Jet's Pineapple Pizza. Sesame Crust, Detroit Style.

Thanks in advance!

There you go with the Jets comment....definitely miss that not of that here int he PNW. Think you would be eating it for life or get tired after a bit of it.

 

[BeerForMyHorses]

It's odd that the residuals for the FE are so much lower than the BL or WT.

I assume it's because they're virtually the same truck in the major areas that matter (power train, exterior, interior, etc), except FE starts out ~$10k-$15k more. The differences between them don't actually equate to $15k. After a couple years of depreciation, they're valued closer to being equal but FE depreciated more

 

[Pancho Kornwallace]

The higher the "residual" the lower the depreciation.

The lower the depreciation, the more your bronco is worth at the end of your lease.

The more your bronco is at the end of your lease, the less you have to pay *during* the lease to offset the depreciation.

The higher the residual, the lower the monthly payment.

Ok. I will explain it like you are five.

Let's say your Bronco costs you 3 precious cookies to buy new.

66% residual value after 39 months means that I will take 1 of your 3 precious cookies, but you can drive your Bronco for 3 years and 3 months instead of keeping it forever and paying with all 3 of your cookies. I get to keep your Bronco at the end, and you get to keep 2 of your 3 cookies.


[Note: this does not include interest payments, which could be about 2-5% per year]

 

[Boxer4]

The higher the "residual" the lower the depreciation.

The lower the depreciation, the more your bronco is worth at the end of your lease.

The more your bronco is at the end of your lease, the less you have to pay *during* the lease to offset the depreciation.

The higher the residual, the lower the monthly payment.

Also depends on the Money Factor ( APR )

Base 2 DR - 36 months- Same $ 319 +/- payment
Net Cap cost- $27640
Residual 64 .7 % at 2.5% APR
Residual 62.13% at 1.5% APR

 

[TellurideBronco]

Not really. It’s Ford’s way of telling you that the FE premium over an identically equipped BL model (with all the options to make it equivalent to a FE) is a premium that evaporates when you start accumulating miles. As for the collectibility, and value of a shrink wrapped FE in 20 years, I have no idea.

It's odd that the residuals for the FE are so much lower than the BL or WT.

 

[Pancho Kornwallace]

How are you paying $3-7K extra?
It all depends on the "buy price" you are given at the end of the lease.

 

[Jaybone11]

Q1 residuals for 15k miles / yr

1st column is 24, then 36, 39, & 48

What's this how are they going to lease when reservations are for 2 years and supposed first to be made?

 

[ZackDanger]

Also depends on the Money Factor ( APR )

Base 2 DR - 36 months- Same $ 319 +/- payment
Net Cap cost- $27640
Residual 64 .7 % at 2.5% APR
Residual 62.13% at 1.5% APR

Absolutely.... but he asked to have it explained like he was 5 years old... and I know some grow-ass-adults who can't wrap their heads around APR.

 

[U725Bronco]

I assume it's because they're virtually the same truck in the major areas that matter (power train, exterior, interior, etc), except FE starts out ~$10k-$15k more. The differences between them don't actually equate to $15k. After a couple years of depreciation, they're valued closer to being equal but FE depreciated more

If you build a BL or WT as close to a FE as possible the difference is much less.....less than $500 if you add in stuff that they restrict due to weight / ordering simplicity. If the goal was to lease and see the lease through to the end of the term, then it wouldn't make sense financially to lease the FE....at least not through Ford. I think you're correct though in that you can build a BL or WT 10-15k cheaper and that decision drives the rates. As you say the power train, exterior and interior hold value more than the other stuff.

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