Ford

Help with ford f-150 lease?

What can i expect for a lease payment per month if i talked down the price of a 2007 ford f-150 from 32,315 msrp, window tag of 28,652, and talked down to 25,947? thank you! i am definatly not nice at knowing what is a nice price or not expecially on a new automobile.
Answer
With a lease its harder to figure or even guess on. leases are different than purchases in that they dont use a "rate" to figure the lease, they also have residuals, (the balance owed at the end of the lease if you decide to keep it) the bloke ufacturer sets the residual which plays a huge part in the payment. the higher the residual the lower the pmt, the lower the residual the higher the pmt. higher residuals are great for leasing if you turn the car in. lower residuals are better if you want to keep the truck after the initial lease. as far as the rate they use a "money factor" an equivalent to a rate. usually looking something like this .00212. but the dealer does not have to disclose this figure. sometimes the bloke ufacturer sets these money factors sometimes they dont and allow the dealer to set them to some extent. a vague rule of thumb is that its about $25-30 dollars per thousand you finance. but again there are alot of variables that affect this. also, negative equity on a trade in or money down will play a bigger part in the pmt of a lease since its a shorter term of finance and it affects only the part your paying on not the residual amount.

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