Q3 2022 Maverick Lease Residuals & Lease Interest Rates

[jramaccio]

Here are the most up to date lease residuals and lease interest rates for the 2022 Maverick.

Keep in mind the standard lease rates are high because Ford Credit will offer a special rate to compensate. The special rates haven't been announced yet.


LEASE RESIDUALS

LEASE INTEREST RATES

Any new updates on the residuals for October and beyond?

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[MakinDoForNow]

Awesome. Leaning toward leasing in hopes of a plug-in hybrid version being available in 2-3 years.

The way I am funding my PHEV (ie"MakinDoForNow") is 1. Not leasing =save $650+/- leasing fee. 2. Finance 36 mo at 0% =about $810/month (easier and cheaper to trade in 18/24/31/? months when PHEV appears for order). 3. Have larger trade value due to inflation and extra battery cost (+ 10-20% regular pricing instead of introductory pricing?)

 

[clavicus]

mid anyone is going beyond 5 years they shouldn’t be buying it. I always foolishly hope that people are not that stupid.

Penfed Credit Union has an offer for 2% 5-year or 2.4% 6-year. My spreadsheetery shows the following effective differences compared to 0% 36month Ford offer. So I think depending on your interpretation of annual inflation rate, it’s possible 6 year at 2.4% may make financial sense, even if it’s not abundantly optimal over a 5 year option. Probably still better to do the standard 5 year but it’s fun to see the numbers.

TERM	$0 DOWN TOTAL COST WITH INTEREST	EFFECTIVE DIFFERENCE	MONTHLY		$5,000 DOWN TOTAL COST WITH INTEREST	EFFECTIVE DIFFERENCE	MONTHLY
Ford
36 mo 0%	$34,000		$945		$34,000		$806
48 mo 0.9%	$34,625	$625	$721		$34,533	$533	$615
60 mo 1.9%	$35,642	$1,642	$594		$35,401	$1,401	$507
72 mo 3.9%	$38,033	$4,033	$528		$37,440	$3,440	$451
PenFed
60 mo 1.99%	35719	$1,719	595		35466	$1,466	508
72 mo 2.39%	36471	$2,471	506		36108	$2,108	432

 

[Rob Cactus Gray]

Penfed Credit Union has an offer for 2% 5-year or 2.4% 6-year. My spreadsheetery shows the following effective differences compared to 0% 36month Ford offer. So I think depending on your interpretation of annual inflation rate, it’s possible 6 year at 2.4% may make financial sense, even if it’s not abundantly optimal over a 5 year option. Probably still better to do the standard 5 year but it’s fun to see the numbers.

TERM	$0 DOWN TOTAL COST WITH INTEREST	EFFECTIVE DIFFERENCE	MONTHLY		$5,000 DOWN TOTAL COST WITH INTEREST	EFFECTIVE DIFFERENCE	MONTHLY
Ford
36 mo 0%	$34,000		$945		$34,000		$806
48 mo 0.9%	$34,625	$625	$721		$34,533	$533	$615
60 mo 1.9%	$35,642	$1,642	$594		$35,401	$1,401	$507
72 mo 3.9%	$38,033	$4,033	$528		$37,440	$3,440	$451
PenFed
60 mo 1.99%	35719	$1,719	595		35466	$1,466	508
72 mo 2.39%	36471	$2,471	506		36108	$2,108	432

I love looking at the numbers. I could see in some rare circumstances going for the 6 year at that rate. I have an aggressive investment account and do well. I could easily make way more than 2.4 percent but not worth the trouble to me. I will probably do 3-4 years my self.

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