Win The School Run: Lease A Spacious Ford Flex For $276/Month, $0 Down (Expired)
Ford's Flex is a bit long in the tooth, but even to this day, it remains a compelling option for those wanting a practical family hauler. Few crossovers can match the room of its spacious third row and cargo hold, and Flex's styling is certainly more interesting than your average minivan's. Best of all, Flex is a competitive lease right now. Here's what you need to know.
Current Lease Program - Valid Through November 30, 2017
The cost of leasing a particular car is determined by its lease program, which is set by the manufacturer, and the selling price, which is set by the dealer. Here is the current lease program for 2018 Flex through Ford Credit:
|2018 Flex - November 2017 Program|
|Model||36-Month Residual||Money Factor|
|SEL (FWD or AWD)||55%||.00031 (0.75% APR)|
|Limited (FWD or AWD)||52%||.00010 (0.25% APR)|
These residuals assume 10,500 miles per year. Deduct 1% for 12,000 miles per year. Deduct 3% for 15,000 miles per year. The posted money factor (MF) rate assumes top tier credit. Below are the available incentives in California courtesy of Ford. Incentives may vary slightly by region.
|2018 Flex - Ford Incentives|
|RCL Customer Cash||All||$3,500|
|Military/First Responder Cash||Targeted||$1,000|
|Farm Bureau Offer||Targeted||$500|
Negotiate A Selling Price
The mid-level 2018 Flex SEL has an MSRP of $33,895. Here in Southern California, the average selling price is approximately 7% off MSRP. We would target a selling price of $30,900 (9% off MSRP) before incentives, which represents an excellent price that some internet sales departments in the region should honor.
Putting It Together: $276/Month, $0 Down + Drive-Offs
Use the lease calculator below to customize your own inputs, such as MSRP, selling price, and incentives. Every dealer sets its own selling price, depending on factors like inventory and demand. Here's a sample deal of a 2018 Flex SEL FWD in Southern California assuming 9% off MSRP, excellent credit, and 10,500 miles per year.
(11/13/17: Have issues with the calculator loading? Refresh the page. We are working on a fix.)
GM Acquisition Waiver: waive the acquisition fee by raising the MF by 0.00055.
Registration and doc fee:
Tax on cap cost reduction and fees: