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Guest Message by DevFuse

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Register your Fusion Hybrid at the official Ford authorized registry here.


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my 2016 FFH SE lease deal - is it a good deal?

fusion hybrid se lease deal

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7 replies to this topic

#1 OFFLINE   shrig31

shrig31

    New Member

  • Fusion Hybrid Member
  • 9 posts
  • Region:U.S. Pacific Coast
  • Location:Bay Area
  • Current Vehicle:Ford Fusion Hybrid
  • My Hybrid's Year:2016

Posted 08 February 2016 - 03:49 PM

I got following lease deal for 2016 Ford Fusion SE Hybrid w/ 502A (leather + front heated seats) + Moon Roof + Intelligent access with push button start + inflating rear seat belts

State: California (Bay Area)

Miles: 10500 per year

Lease period: 36 month lease

MSRP: $31,515/- (Window sticker says - Total Before Discounts as $33,400/-)

 

Down payment: $1720/- (due at lease signing, which includes 1st month's payment)

Monthly payment: $220/- (for 35 months)

(above lease prices includes everything i.e. tax, registration, fees etc.)

 

Is this a good deal? Please do comment and share your lease prices.

 

 

 

 









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#2 OFFLINE   MrMikeL

MrMikeL

    Fusion Hybrid Member

  • Fusion Hybrid Member
  • 70 posts

Posted 08 February 2016 - 08:33 PM

What is the residual at the end of the lease?



#3 OFFLINE   shrig31

shrig31

    New Member

  • Fusion Hybrid Member
  • 9 posts
  • Region:U.S. Pacific Coast
  • Location:Bay Area
  • Current Vehicle:Ford Fusion Hybrid
  • My Hybrid's Year:2016

Posted 08 February 2016 - 08:44 PM

$17,900 + fees and taxes



#4 OFFLINE   Griswald

Griswald

    Fusion Hybrid Enthusiast

  • Fusion Hybrid Member
  • 297 posts
  • Region:U.S. Southern Atlantic
  • Location:Fayetteville, NC
  • Current Vehicle:2014 Fusion SE Hybrid
  • My Hybrid's Year:2014

Posted 09 February 2016 - 07:46 AM

10,500 miles per year is awful.

Once you start driving this car, you will easily pass that in 7 or 8 months.

Price seems OK except for miles.

#5 OFFLINE   Waldo

Waldo

    Fusion Hybrid Addict

  • Fusion Hybrid Member
  • 1,155 posts

Posted 09 February 2016 - 08:01 AM

Just hit 2 years on mine and I'm only at 18,000 miles.



#6 OFFLINE   MrMikeL

MrMikeL

    Fusion Hybrid Member

  • Fusion Hybrid Member
  • 70 posts

Posted 09 February 2016 - 12:07 PM

So if I do some quick math here:

 

$1720 down

$7700 in total monthly payments

$17900 residual

 

Add that all up and you are sitting at a very sweet, almost too sweet, deal.  Your total out of pocket if you were to buy the car at the end of the lease period is only $27320.  Something does not sound right here.  The total out of pocket, including buying the car at the end of the lease should be closer to the MSRP.



#7 OFFLINE   shrig31

shrig31

    New Member

  • Fusion Hybrid Member
  • 9 posts
  • Region:U.S. Pacific Coast
  • Location:Bay Area
  • Current Vehicle:Ford Fusion Hybrid
  • My Hybrid's Year:2016

Posted 09 February 2016 - 12:57 PM

Thank you for reply. 

MrMikeL: But there is a tax and fees (not sure what fees) on Residual, which can be around 10% in California. So total out of pocket will be approximately 27320 + 1790 = $29110.



#8 OFFLINE   machoman1337

machoman1337

    Fusion Hybrid Enthusiast

  • Fusion Hybrid Member
  • 418 posts
  • Region:Canada British Columbia
  • Location:Vancouver
  • Current Vehicle:FFH SE Ice Storm/Lexus LS430
  • My Hybrid's Year:2013

Posted 10 February 2016 - 12:12 AM

10,500 miles per year is awful.

Once you start driving this car, you will easily pass that in 7 or 8 months.

Price seems OK except for miles.

 

Not everyone drives that far even if they spend a lot of time in the car. I've put only 25,000 my car in nearly 2 years. Not that I don't drive much, it's just that I encounter horrible traffic over a seemingly short distance on a regular basis.


My precious: 2013 Fusion Hybrid SE Ice Storm - Luxury Package (Dune), Navigation, Tech Package, Active Park Assist, Moonroof (ugh), 18" premium painted luxury wheels. Built in July 2012, bought CPO (former demonstrator) in May 2014. 6.3L/100 km lifetime fuel economy

 

Current temporary ride: 2003 Lexus LS430 w/navigation and parking sensors. Bought in December 2002, selling when I graduate






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