I saw a lease advertisement today for a $219/mo 2011 Ford Edge SEL FWD with SYNC, Leather, and MyFord Touch. 24 months. Ford Credit Red Carpet Lease $4953 Cash Due at Signing.
My question is, how do you calculate what this means about the actual car price (NYC area) so you can negotiate that you want this offer but with a couple of additions (Vista roof and Nav)?
I am new to leasing, but what I've read is that the monthly lease amount is calculated based on the negotiated car price (Cap cost), lease rate and residual value. Given a set of numbers can you use the lease offer to determine what they're pricing the car?
