In three years I can easily set aside money toward buy out price. (So im getting a super low finance charge in my eyes) You know, Ive considered this both ways and heres how it weighs out to me:ġ.2% interest during lease. Even if it costs a little more you'll have a lot more flexibility in case something happens or you decide to do something different down the road. Personally - unless you need the lower lease payment right now I'd bite the bullet and purchase it with the 4.9% financing. The other gamble is that you can get 4.9% today, but you don't know what you could get 3 years from now if you have to finance the buyout. I think there is a bigger rebate for leasing right now but that is offset some by the additional fees. Rarely is a lease then purchase cheaper than a sale up front, but there are exceptions. I asume that you get the same rebates for a purchase as a lease? It all boils down to doing the math. If your long range plan is to buy it any way, I would probably go ahead and buy it now. We don't plan on buying at the end of the lease. Weigh that against the interest rate savings for the first 3 years if your lease interest rate is less than the 4.9%. You will pay $595 for the acquisition fee up front and then there is usually a $250 purchase fee at the end if you buy the Edge. Right now FORD is only offering me 5.9% financing currently and my local credit union is coming in at 4.9% so the lease to buy seems worth it to me, AM I MISSING SOMETHING HERE? The cost at that point would be $16785.00 In any case, Im wondering if it makes sense to enter into a three year lease with the intention of buying out the lease in three years. With a decent trade in on my 2005 Escape XLT with 33K miles I can reduce that amount to close to $290. Were getting offered a lease of 12.5K per year for three years for aprox $415/month. We priced a 2008 FWD limited in White Sand, with 18" wheels, BAMR, Cargo mngt, and Sirius radio. Would like some opinions on this offer from my local dealer.
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