jkeith00

Update: I still haven't pulled the trigger as I'm trying to get the deal just right (although I'm bot sure what that is). However, my APR is now down to 1% from 1.25% and maintenance is included for the duration of my lease.

Thanks guys. Isn't a high residual a good thing in a lease? As far as leasing vs buying goes, I seem to be a great leasing candidate. I drive less than 10K miles per year and tend to cycle cars every few years anyway. I already feel good about the vehicle cost part of the deal. I've used my X Plan plenty of times in the past and find them to be pretty solid. Dealer and I haven't done any actual negotiating yet, but I'm sure we'll come to terms easily. Most of my question stems around my lack of experience with leasing specific factors - Residual & APR/Money Factor. I "think" the numbers I have are favorable, but that is why I wanted to get your collective opinion. Thanks so far! J

Hi All, Pretty serious about pulling the trigger on an Edge and I'm considering leasing for the first time ever. Anyone have any opinions about whether this seems to be a good, average, or poor deal? 2011 Limited MSRP: $46,200 Rapid Spec 302A Tow Pkg Cargo Accessory Pkg Back-lit door sill 20" Chrome clad Dual Headrest DVD Purchase price: $42,593.34 (X Plan) Residual 58% APR/$ Factor 1.25 36 mo term What do you all think?