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Wanted to ask dealers on this forum...with the broncos finally hitting the lots, what money factors are you seeing with the lease costs? Are you using ford lease programs or a third party like us bank?
Residual looks to be high from what I can see, but my concern is the money factor/interest rate. I typically lease my cars, which have had reasonable money factors of about .00130 (~3%). If my math is right, it looks like the ford website leases are showing a money factor of .00250-.00270 (~6.5%!), which is insane. Even wranglers are leasing at .00200 at the most.
Can any dealers confirm? Thanks! Expecting delivery of basesquatch in September(ish?) With Aug 16 build date.
Note: I'm just looking for a figure to make the best financial decision for me, not looking for lease vs. buy advise just seeing what the leasing interest rates are looking like.
Residual looks to be high from what I can see, but my concern is the money factor/interest rate. I typically lease my cars, which have had reasonable money factors of about .00130 (~3%). If my math is right, it looks like the ford website leases are showing a money factor of .00250-.00270 (~6.5%!), which is insane. Even wranglers are leasing at .00200 at the most.
Can any dealers confirm? Thanks! Expecting delivery of basesquatch in September(ish?) With Aug 16 build date.
Note: I'm just looking for a figure to make the best financial decision for me, not looking for lease vs. buy advise just seeing what the leasing interest rates are looking like.
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