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Are you interested in leasing a Ford Edge? This popular midsize SUV offers a comfortable ride, spacious interior, and advanced technology. But how much does it cost to lease a Ford Edge? Let’s take a closer look.
Factors That Affect the Cost of Leasing a Ford Edge
The cost of leasing a Ford Edge can vary depending on several factors. These include:
Trim Level
The Ford Edge comes in four trim levels: SE, SEL, Titanium, and ST. The higher the trim level, the more expensive the lease will be.
Lease Length
Lease lengths typically range from 24 to 48 months. The longer the lease, the lower the monthly payment will be. However, keep in mind that a longer lease also means you’ll be making payments for a longer period of time.
Annual Mileage
Most leases come with a limit on the number of miles you can drive each year. If you go over this limit, you’ll have to pay additional fees. Make sure you choose an annual mileage limit that works for you.
Down Payment
The amount of money you put down at the start of your lease can affect your monthly payments. A larger down payment will reduce your monthly payments, while a smaller down payment will increase them.
Monthly Lease Payments for the Ford Edge
So, how much can you expect to pay each month for a Ford Edge lease? According to Edmunds, monthly lease payments for a 2021 Ford Edge SE start at around $300 per month for a 36-month lease with $3,000 due at signing.
For a higher trim level like the Ford Edge Titanium, monthly lease payments can range from around $350 to $450 per month for a 36-month lease with $3,000 due at signing.
People Also Ask:
What are the advantages of leasing a Ford Edge?
Leasing a Ford Edge has several advantages, including lower monthly payments compared to financing, the ability to drive a new car every few years, and not having to worry about selling or trading in your vehicle.
What fees should I expect when leasing a Ford Edge?
When leasing a Ford Edge, you can expect to pay fees such as a disposition fee at the end of your lease, excess mileage fees if you go over your annual mileage limit, and wear and tear fees if the vehicle is not returned in good condition.
Is it better to lease or buy a Ford Edge?
Whether it’s better to lease or buy a Ford Edge depends on your individual needs and preferences. Leasing offers lower monthly payments and the ability to drive a new car every few years, while buying offers long-term ownership and the ability to customize the vehicle to your liking.
