Originally Posted by ponyonfire

I don't know where the information you guys are getting concerning what size V8 will come in the new2010 Mustang but I just read a short description in what I think was Car and Driver while waiting in the doctor's office. It said it was going to have a 6.2 L engine with 435 HP in it. I think this is to compete with the new Camaro and other cars. We'll see, but imagine what kind of power that could make with mods!

Originally Posted by Five Oh Brian

You're only renting the car if you choose to turn the car in at lease-end. This is a good thing if you decide you don't want the car for any reason at lease-end. If you had a traditional loan and wanted to unload the car in a couple years, most people find they owe much more on the loan than the car is worth as a trade-in, so they're upside-down (inequity). In a lease, you're never upside-down at the end of the term (unless they've damaged the car beyond normal wear & tear, or driven excess miles beyond what they agreed to at the start of the lease - two things that would affect trade-in value even if they paid cash or financed anyway).

And for someone who wants to eventually own a car, another option of a Ford Red Carpet Lease is that you can buy (or finance) the car at lease-end if you choose to keep it. The amount you buy it for is a predetermined amount clearly stated in the lease up front.

A lease gives you options, and it does not take away your ability to "own" the car.

Originally Posted by Five Oh Brian

Most 2 year lease residuals are in the 45-55% range, meaning those cars depreciate quickly. 72% is one of the highest residuals I have ever seen for a 2 year lease (low mileage or otherwise). By having a high residual, that means there is less money to be collected in the form of monthly payments during the lease (the other 28% in your case, less any discount/rebate you got on the car). Leasing is great in situations like this, but bad for cars with low residuals as the payments are way too high.