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If you’re looking for a spacious and luxurious SUV, the 2022 Ford Expedition may be the perfect fit for you. It offers plenty of room for passengers and cargo, advanced technology features, and impressive towing capacity. But how much does it cost to lease a 2022 Ford Expedition? Let’s take a closer look.
The Basics of Leasing a Car
Before we dive into the specifics of leasing a 2022 Ford Expedition, it’s important to understand the basics of car leasing. When you lease a car, you’re essentially renting it for a set period of time, usually two to three years. You’ll make monthly payments to the dealership or leasing company, and at the end of the lease term, you’ll return the car.
Ford Expedition Lease Prices
The cost of leasing a 2022 Ford Expedition will vary depending on several factors, including the model, trim level, and lease terms. According to Edmunds, the estimated lease payment for a base model 2022 Ford Expedition XLT with four-wheel drive and a 36-month lease term is around $720 per month with $3,000 due at signing. However, these prices can vary depending on your location, credit score, and other factors.
Factors That Affect Lease Prices
As mentioned, several factors can affect the cost of leasing a 2022 Ford Expedition. Here are some of the most significant factors:
Vehicle Model and Trim Level
The base model of the Ford Expedition is the XLT, but there are several other trim levels to choose from, including the Limited, King Ranch, and Platinum. Each trim level offers different features and amenities, which can affect the price of the lease.
Lease Term
The length of the lease term will also affect the monthly payment. Shorter lease terms typically have higher monthly payments, while longer lease terms may have lower monthly payments but may end up costing more overall.
Down Payment and Trade-In Value
The amount you put down at signing can affect the monthly payment, as can the value of any trade-in you have. A larger down payment or a higher trade-in value can lower the monthly payment.
Credit Score
Your credit score can also affect the lease price. If you have excellent credit, you may qualify for lower interest rates and better lease terms, which can lower the monthly payment.
Location
The cost of leasing a 2022 Ford Expedition can also vary depending on your location. Different states and regions may have different taxes, fees, and other factors that can affect the cost of the lease.
Overall, the cost of leasing a 2022 Ford Expedition can range from around $600 to $1,000 per month, depending on the factors mentioned above. It’s important to shop around and compare lease offers from different dealerships and leasing companies to find the best deal for you.
People Also Ask
- Is it cheaper to lease or buy a Ford Expedition? Leasing a Ford Expedition can be cheaper than buying one, especially if you only plan to keep the car for a few years. However, if you plan to keep the car for a longer period of time, buying may be a better option in the long run.
- What is the mileage limit on a Ford Expedition lease? The mileage limit on a Ford Expedition lease will depend on the specific lease terms. Most leases come with a mileage limit of 10,000 to 15,000 miles per year, but you can often pay extra for additional miles.
- Can I negotiate a lease price on a Ford Expedition? Yes, you can negotiate the lease price on a Ford Expedition, just as you would when buying a car. It’s important to do your research and compare offers from different dealerships to find the best deal.
