By: Dusty Rhodes
Today Ford Motor Company released the residual values for the all-new 2021 Ford Bronco. This move allows reservation holders and shoppers the ability to compare pricing and determine lease payments. To access this feature, you need to go to shop.ford.com, click on 2021 Bronco, and build your vehicle of choice.
For example, I built a 4-door Badlands adding only the Sasquatch package. Since the Sasquatch requires the 10-Speed Automatic Transmission, this added $4,090 to the base price, plus $1,495 for the transmission. Once you’ve finished this portion of your build, scroll down to the summary page, and click on the small calculator next to the payment shown.
In my case, it showed an estimated cap cost of $50,820 and a lease payment of $648 for 48 months (12,000 mile per year). To purchase this vehicle instead of leasing, it will run you $1,156 per month for 48 months at 5% interest (tool default interest). In both examples, I assumed $0 down and no trade in for ease of comparison. For example, by putting 10% of the price down, the lease payment reduces to $531 per month while the purchase price payment decreases to $1,040.
What is handy about the tool is that it quickly allows you to compare different down payments, trade ins, and terms simply by adding the numbers and clicking on the term choices. For consumers this is a great option to have before heading to the dealer to place your order. Are you purchasing or leasing? Head to the forums to share your thoughts on the best way to buy your new Bronco!