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Re: money factor and residuals [nybriang]
by Car_man on Tue Nov 14 04:52:50 PST 2006
Hi nybriang. I can give you an idea of what this truck's lease rate is currently like. In order for me to do so though, I am going to have to make some assumptions about what part of the country you are in and how long you want to lease it for. For now I will assume that you are in New York (I'm guessing that this is the case based upon the "ny" part of your user i.d.) and that you want to lease for 36 months. Let me know if any of these assumptions are incorrect. Ford Credit's current base lease rate for a 36 month lease of a 2007 Lincoln MKX in New York is 2.0%. As you can see, Ford Credit publishes lease rates instead of residual values for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. Let me know if you need any additional info. Car_man Host Prices Paid Forum

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