What is everyone paying for an off the lot Raptor?

[JerryT]

You can lease a raptor? Thought these were purchase only. Seems like you got a good deal as well. My 2% is also from a credit union.

You can't lease from Ford but will have to go thru one of the independents like D&M or in my case Fair Lease, a wholly owned by my Credit Union (Credit Union of Texas) for profit leasing company.

 

[Hockster]

You might want to check with your Credit Union. Mine got me a hell of a deal on a five year lease back in December for a dealer ordered (Sept) 2012 Raptor that was configured with every available option including front camera and in the color I wanted Diamond Black.

I'm retired and usually only put 12k-14k miles a year on my trucks so leasing is a viable option. $552.00 a month for 60 months with a $28,000.00 residual buyout out at the end or walk away. I suspect that $28k residual will be conservative and I'll end up with significate positive equity for next lease unless I decide to buy it.

At the rate I'm customizing it I'll have another $10k tied up which mandates purchasing at end of lease . Easily my all time favorite vehicle among some real classics (57 T-Bird, 63 Vett, 70 Boss 302, etc) I've owned over the years.

I haven't got the paper work handy but if memory serves me correctly between dealer discount and equity in turn in lease vehicle the cost basis of Raptor was reduced from $56k sticker down to $46k at 2.1% interest rate or something like that.

Like I said, leasing isn't for everybody but with these once in a lifetime interest rates worth looking into for the low mileage guys and yes I realize I am lucky to be a member of a Credit Union with a crack car leasing/car buying service staffed with professional car guys.

Nice to be able to lease a Raptor. but, I am confused here... Doesnt 522x60 =31320 +28000 = 591320?

 

[Squatting Dog]

So, if at the end of lease you don't buy at and turn it in, you lose 30k?

-Greg

 

[Deinonychus]

Nice to be able to lease a Raptor. but, I am confused here... Doesnt 522x60 =31320 +28000 = 591320?

No.

$31,320 + $28,000 = $59,320 not $591,320

 

[svt83]

Leasing can be an okay option. We leased an Escape for my wife a few years back and the lower payments were nice, and knowing we could turn it in and get a new car was nice, until we did it. They count a lease just as a buy so it is a trade-in. We got hosed on the trade-in, even with low miles. Luckily we had a good salesman and were able to talk them down on a new car so we didn't go into it upside down like crazy.

As for the Raptor, I'm good with buying it, and I feel like I'm getting a good rate!

 

[blood]

My lease was a contract on my focus pay so much like a rental turn it in or by on contracted price, no trade in nagotiations?

 

[justvettn]

I got $8900.00 off MSRP for 2012 SCREW fully loaded minus decals and blue accent dealer had 4 on the lot that had just came in. It was the end of January a slow month and they needed to make a quota.

 

[arkcomatt]

I paid $53K for 2012 screw, loaded. $2,800 of sticker. Just bought it on 3/23/12.

 

[Hockster]

No.

$31,320 + $28,000 = $59,320 not $591,320

Eh whats a extra zero!!! ha ha ha...

 

[rjklein4470]

I got almost $5K off sticker, but I have a feeling this dealer dose not see a lot of them. but I am excited feeling like I got a fair deal.