2021 Bronco Lease Residuals (including Heritage Edition!)

[goobstew]

If you lease you are an idiot anyway.

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[Bronco4lyfe85]

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]

Yeah, but are we talking oatmeal raisin or chocolate chip?

 

[Bronco4lyfe85]

If you lease you are an idiot anyway.

That’s unnecessary. Regardless of how you feel about it, everyone makes their own decisions for themselves, just be respectful about it.

 

[Paul Gagnon]

Still nothing from Ford of Canada.

 

[edgeflyer]

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

Have you seen the interior? HAHA

 

[U725Bronco]

Have you seen the interior? HAHA

funny, but there's an all black leather option now too

 

[elnorte]

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!

Makes sense, the available technology in the higher packages will be outdated in 2 years. Seeing what is inside a 10 y/o vehicle that had the high/lux package....looks very much outdated.

 

[Moparguy]

That Big Bend is solid as hell!

 

[dgorsett]

Yeah, but are we taking oatmeal raisin or chocolate chip?

The chocolate chips are the interest...raisins don't count.

 

[Moparguy]

If I lease 4D OBX with my options its total price is $46970 ( Including $2140 Acqu. and dest. ), According to Ford's calculator, $0 Down will cost me $794 for 24 months, which equals $19056, which means residual is 60% ( 19056/46970 = 40% lease cost ) which is 8% below the sheet posted here, did I do it right?

 

[chrysamere]

Looks like Warthog won't make 2021 after all

 

[The_Phew]

A few questions:
-Does Ford lower the residual if you opt for the manual transmission? (Jeep does this)
-Does Ford offer Multiple Security Deposits to buy down the money factor?

I leased a BMW and came out about $5k ahead after 3 years versus buying new, because BMW inflates their residuals so much plus I used 7 MSDs to buy the money factor down to cheaper than I could get by financing. Plus there were big discounts to be had for BMW sedans at the time. High Residual+low money factor+big discount=cheaper to lease a 3-series than a Honda Accord.

I don't see the lease math working out so favorably on the Bronco, though. The residuals are OK, but the discounts are meager and the Money Factor (APR) is high.

 

[Broncofly]

Umm....how many people here are actually going to "lease" a Bronco.....let alone a Rubicon?!

I'm not buying this to play tiddlywinks......I'm headed to Death Valley and Moab as a dirt bike rescue, escape the zombie apocalypse vehicle. This things not going to be a status symbol to me.

 

[markregel]

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?

" 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. "

In my experience its not worth it to get 2- 3 years old. Firstly the pricing tables don't always include incentives and discounts you can get on new. For example I've been shopping Ram trucks. Believe it or not if you shop around you can land a new Classic 4x4 for $28K out the door, base model with Chrome package, nice truck. Looking at used ones 2 - 3 years old most are more than this and have 50K+ miles, sometimes 100K+. Most are upper models I don't give a crap about, so new makes the most sense for me. And there is a certain satisfaction of getting new -- and safety in knowing the history.

 

[ArrickSports]

I have NEVER had a lease work out in my favor. Then again, I drive way too many miles so . . . .

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