Ford Lease Deals July 2026: Every Model Ranked
A closeout month for Ford's July lease programs: nearly the whole lineup got cheaper, one big cash bump comes with a catch, and two models sat it out entirely.
Ford ran a model-year closeout in July and cut money factors across almost the whole lineup. The Explorer fell to 3.26% APR, the Mach-E to 2.90%, and the Mustang EcoBoost to 2.69%, the best rate in the lineup. The Escape added closeout cash too, though it is smaller than it first looked: $5,000 on the gas trims, $8,000 on the PHEV, and a residual drop to 47% keeps the gas trims close to flat.
Almost the entire lineup got cheaper. The Explorer fell to 3.26% APR (down from 5.50%), the Mach-E to 2.90%, and the Mustang EcoBoost to 2.69%, the best rate in the lineup. Even the Raptor and the F-150's old penalty-box cabs dropped to 4.34%. Two models did not move: the Maverick and Expedition are the last holdouts, still 7.39% APR with no cash.
2.90%
Mustang Mach-E APR
Finally leaseable, $2,500 cash
3.26%
Explorer APR
MF 0.00136, down from 5.50%
2.69%
Mustang EcoBoost APR
Best rate in lineup, $500 cash back
7.39%
Maverick & Expedition
The last holdouts, no cash, unchanged
July 2026 Ford Lineup: Rate Map
This is the widest Ford program move in months. Nearly every 2026 model got cheaper, most from lower money factors, the Escape from model-year closeout cash. Read the last column: it shows the July payment move. The only two lines that held are the Maverick and the Expedition, both stuck at 7.39% APR with no cash.
| Model | MF (36mo) | APR | RV Range | Cash | July vs June |
|---|---|---|---|---|---|
| Mustang | 0.00112 | 2.69% | 55-58% | $500 | EcoBoost down, GT up |
| Mustang Mach-E | 0.00121 | 2.90% | 49-52% | $2,500 | Down $22-70 |
| Explorer | 0.00136 | 3.26% | 61-65% | $500 | Down $43-71 |
| Bronco Sport | 0.00142 | 3.41% | 55-59% | None | Down $6-7 |
| Bronco | 0.00229 | 5.50% | 62-70% | $500 | Down $44-50 |
| Ranger | 0.00215 | 5.16% | 65% | $500 | Down $65 |
| F-150 (SuperCrew) | 0.00181-0.00239 | 4.34-5.74% | 58-65% | $0-1,750 | Up ~$30, Raptor -$139 |
| Escape | 0.00308 | 7.39% | 47-52% | $5,000 / $8K PHEV | Flat to down $83 |
| Maverick | 0.00308 | 7.39% | 65% | None | Unchanged |
| Expedition / Max | 0.00308 | 7.39% | 59% | None | Unchanged |
MF x 2400 = approximate APR. 36mo/12K miles, Northeast region. Cash = base non-conditional incentive. Mustang Dark Horse holds 0.00294 (7.06% APR). Data: Ford Motor Credit, July 2026.
Verdict: Lineup
This is the month to lease a Ford. The Explorer, Mach-E, and Mustang EcoBoost all took big rate cuts, and the Escape added model-year closeout cash on top of its 7.39% rate. Skip only the Maverick and Expedition, the two lines that stayed at 7.39% with no support.
Escape: Closeout Cash, $5,000 Gas / $8,000 PHEV
Last month the Escape fell apart. This month Ford added model-year closeout cash to steady it. The rate did not change, it is still MF 0.00308 (7.39% APR), and Ford layered closeout cash on top: $5,000 on the gas trims, $8,000 on the PHEV. But the residual also dropped to 47%, which claws back most of the cash on the gas trims, so they land close to flat versus June. The PHEV FWD leases near ~$435/month, down $83, and the Active FWD is ~$430, essentially unchanged. The PHEV is no longer a standout, it is basically tied with the base gas trim.
| Trim (2026) | MSRP | MF (36mo) | RV (36/12K) | Cash | ~Monthly* | vs June |
|---|---|---|---|---|---|---|
| Active FWD (cheapest) | $30,350 | 0.00308 | 47% | $5,000 | ~$430 | -$1 |
| PHEV FWD | $35,400 | 0.00308 | 47% | $8,000 | ~$435 | -$83 |
| ST-Line FWD | $31,195 | 0.00308 | 47% | $5,000 | ~$446 | -$1 |
| Active AWD | $31,750 | 0.00308 | 47% | $5,000 | ~$457 | +$1 |
| ST-Line AWD | $32,595 | 0.00308 | 48% | $5,000 | ~$465 | +$2 |
| ST-Line Select AWD | $35,015 | 0.00308 | 52% | $5,000 | ~$477 | -$18 |
| ST-Line Elite AWD | $38,935 | 0.00308 | 52% | $5,000 | ~$547 | -$14 |
| Platinum AWD | $37,940 | 0.00308 | 50% | $5,000 | ~$548 | -$14 |
*Pre-tax, 36mo/12K miles, Northeast region. Closeout cash applied as cap cost reduction ($5,000 gas, $8,000 PHEV), all non-conditional. Data: Ford Motor Credit, July 2026.
Escape: June to July Change
Cash rose $3,000 to $5,000 on the gas trims and $5,000 to $8,000 on the PHEV. Rate held at 7.39%, but the residual dropped to 47% from the mid-50s, which offsets most of the added cash on the gas trims. Active FWD ~$431 to ~$430, PHEV ~$518 to ~$435. Gas trims are close to flat, the PHEV fell $83.
Verdict: Escape
The closeout cash steadied the Escape but did not turn it into a bargain. At ~$430 the Active FWD is the value pick, and the PHEV at ~$435 is barely different. The 7.39% rate and the 47% residual are the drag. Get the $5,000 or $8,000 confirmed in writing as a cap cost reduction, but the Explorer and Mach-E rate cuts are the better leases this month.
Explorer: 5.50% to 3.26% APR
The Explorer took the cleanest rate cut of the month. The money factor dropped from 0.00229 to MF 0.00136 (3.26% APR) across all 2026 trims. Non-conditional cash actually fell from $1,000 to $500 (an Employee Pricing bonus expired July 6), but the rate cut swamps it: every trim is $43 to $71 a month cheaper. The Active w/100A RWD at ~$456 is the entry point, and the 4WD trims still carry the best residuals in the lineup at 65%.
| Trim (2026) | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* | vs June |
|---|---|---|---|---|---|---|
| Active w/100A RWD | $38,465 | 0.00136 | 3.26% | 64% | ~$456 | -$43 |
| Active w/200A RWD | $40,585 | 0.00136 | 3.26% | 64% | ~$482 | -$46 |
| Active w/200A 4WD | $42,585 | 0.00136 | 3.26% | 65% | ~$495 | -$50 |
| ST-Line RWD | $45,155 | 0.00136 | 3.26% | 64% | ~$538 | -$53 |
| ST-Line 4WD | $47,155 | 0.00136 | 3.26% | 65% | ~$550 | -$57 |
| Tremor 4WD | $48,965 | 0.00136 | 3.26% | 65% | ~$571 | -$60 |
| Platinum RWD | $50,965 | 0.00136 | 3.26% | 61% | ~$649 | -$61 |
| Platinum 4WD | $52,965 | 0.00136 | 3.26% | 62% | ~$661 | -$64 |
| ST 4WD | $56,905 | 0.00136 | 3.26% | 63% | ~$696 | -$71 |
*Pre-tax, 36mo/12K miles, Northeast region. Cap = MSRP minus the $500 non-conditional cash (down from $1,000 after an Employee Pricing bonus expired July 6). 2027 Explorer is arriving and is held out here. Data: Ford Motor Credit, July 2026.
Explorer: June to July Change
MF 0.00229 to 0.00136 (5.50% to 3.26% APR); cash actually fell $1,000 to $500. Active w/100A ~$499 to ~$456, ST 4WD ~$767 to ~$696. Down $43 to $71 a month on every trim, the rate cut more than covers the smaller cash.
Verdict: Explorer
The Active w/200A 4WD at ~$495/month, 65% residual, and 3.26% APR is the sweet spot and the best three-row lease at Ford this month. The rate cut makes the whole lineup worth a look.
Mustang Mach-E: 4.54% to 2.90% APR
The Mach-E finally has a rate worth leasing. The money factor dropped from 0.00189 to MF 0.00121 (2.90% APR), and the cash rose to $2,500. The Premium trims took the biggest hit, down $55 to $70 a month. The Select RWD is ~$531 and the GT AWD ~$783. Residuals slipped a point or two on the Select, but the rate cut more than covers it.
| Trim (2026) | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* | vs June |
|---|---|---|---|---|---|---|
| Select RWD | $37,795 | 0.00121 | 2.90% | 49% | ~$531 | -$22 |
| Select AWD | $39,840 | 0.00121 | 2.90% | 50% | ~$553 | -$23 |
| Premium RWD | $40,595 | 0.00121 | 2.90% | 51% | ~$554 | -$55 |
| Premium AWD | $42,640 | 0.00121 | 2.90% | 52% | ~$574 | -$57 |
| GT AWD | $55,440 | 0.00121 | 2.90% | 51% | ~$783 | -$70 |
*Pre-tax, 36mo/12K miles, Northeast region. Cap = MSRP minus $2,500 non-conditional cash. Data: Ford Motor Credit, July 2026.
Verdict: Mustang Mach-E
At 2.90% APR with $2,500 cash, the Mach-E is finally a real lease at 36 months, no more needing the 24-month workaround. The Premium RWD at ~$554 is the pick. Cross-shop the IONIQ 5 and Blazer EV, but the Mach-E now competes.
Mustang: Best Rate in the Lineup, GT Residual Cut
The Mustang EcoBoost holds the sharpest rate at Ford. The money factor dropped to MF 0.00112 (2.69% APR) and Ford added $500 cash back, so the EcoBoost Fastback is ~$424, down $32. The GT trims share the 2.69% rate, but their residual was cut from 62% to 58%, so the GT Fastback rose to ~$611, about $10 more. The Dark Horse eased to 7.06% but stays a finance car.
| Trim (2026) | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* | vs June |
|---|---|---|---|---|---|---|
| EcoBoost Fastback (best rate) | $32,640 | 0.00112 | 2.69% | 58% | ~$424 | -$32 |
| EcoBoost Premium Fastback | $36,345 | 0.00112 | 2.69% | 58% | ~$474 | -$34 |
| GT Fastback | $46,560 | 0.00112 | 2.69% | 58% | ~$611 | +$10 |
| GT Premium Fastback | $51,080 | 0.00112 | 2.69% | 58% | ~$672 | +$12 |
| GT Premium Convertible | $56,580 | 0.00112 | 2.69% | 55% | ~$791 | +$15 |
| Dark Horse Fastback | $63,080 | 0.00294 | 7.06% | 55% | ~$1,061 | -$45 |
*Pre-tax, 36mo/12K miles, Northeast region. Cap = MSRP minus $500 non-conditional cash. Dark Horse: MF 0.00294, finance only. Data: Ford Motor Credit, July 2026.
Verdict: Mustang
The EcoBoost Fastback at ~$424/month and 2.69% APR is the best sports-car lease rate in the lineup and $32 cheaper than June. The GT is still strong on the same rate, just a touch pricier after the residual cut. Skip the Dark Horse on lease.
Bronco & Bronco Sport: Both Improved
The Bronco Sport holds the sharpest compact rate at MF 0.00142 (3.41% APR), down a touch from June, with the Big Bend at ~$435 and no cash needed. The full-size Bronco improved from 6.50% to MF 0.00229 (5.50% APR) with $500 cash, dropping each trim about $44 to $50 a month. The Big Bend 4-door at ~$486 rides a strong 70% residual.
| Trim (2026) | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* | vs June |
|---|---|---|---|---|---|---|
| Bronco Sport (no cash) | ||||||
| Big Bend | $31,845 | 0.00142 | 3.41% | 59% | ~$435 | -$6 |
| Outer Banks | $36,945 | 0.00142 | 3.41% | 56% | ~$533 | -$6 |
| Badlands | $40,265 | 0.00142 | 3.41% | 55% | ~$592 | -$7 |
| Bronco (4-door, $500 cash) | ||||||
| Big Bend 4dr | $40,995 | 0.00229 | 5.50% | 70% | ~$486 | -$44 |
| Base 4dr | $40,495 | 0.00229 | 5.50% | 68% | ~$501 | -$44 |
| Outer Banks 4dr | $48,090 | 0.00229 | 5.50% | 64% | ~$646 | -$48 |
| Badlands 4dr | $48,890 | 0.00229 | 5.50% | 63% | ~$670 | -$49 |
| Heritage Edition 4dr | $51,625 | 0.00229 | 5.50% | 62% | ~$721 | -$50 |
*Pre-tax, 36mo/12K miles, Northeast region. Bronco Sport cap = MSRP (no cash). Bronco cap = MSRP minus $500 cash. Bronco Raptor and Stroppe held at the old rate. Data: Ford Motor Credit, July 2026.
Verdict: Bronco & Bronco Sport
The Bronco Sport Big Bend at ~$435 is the value compact SUV. The full-size Bronco is better than June at 5.50%, and the Big Bend 4-door at ~$486 with a 70% residual is the pick if you want the real thing. Both improved.
F-150 & Ranger: Cabs Escape the Penalty Box
The F-150 got squeezed this month. The SuperCrew subvented trims ticked up to MF 0.00239 (5.74% APR) from 5.40%, and an Employee Pricing bonus (~$1,000) expired July 6, so most subvented trims rose about $30 a month. The real move is at the top: the Raptor and the old penalty-box cabs dropped to MF 0.00181 (4.34% APR), so the Raptor fell $139. The Ranger Lariat improved to 5.16% APR with $500 cash, down $65.
| Config | MSRP | MF (36mo) | APR | RV (36/12K) | ~Monthly* | vs June |
|---|---|---|---|---|---|---|
| F-150 SuperCrew 5.5-box | ||||||
| XL 2WD | $43,935 | 0.00239 | 5.74% | 61% | ~$630 | +$30 |
| XLT 2WD | $48,055 | 0.00239 | 5.74% | 61% | ~$653 | +$3 |
| XLT 4WD | $51,915 | 0.00239 | 5.74% | 63% | ~$683 | +$4 |
| Lariat 4WD | $63,360 | 0.00239 | 5.74% | 65% | ~$836 | +$30 |
| King Ranch 4WD | $69,625 | 0.00239 | 5.74% | 65% | ~$921 | +$31 |
| Raptor 4WD (rate cut) | $79,005 | 0.00181 | 4.34% | 58% | ~$1,148 | -$139 |
| Ranger SuperCrew 5-box | ||||||
| Lariat 4WD | $47,255 | 0.00215 | 5.16% | 65% | ~$612 | -$65 |
*Pre-tax, 36mo/12K miles, Northeast region. Non-conditional cash after the July-6 Employee Pricing expiry: XLT ~$1,750, Lariat/King Ranch ~$1,000, XL ~$500, Raptor $0 (its deal is the rate cut). The STX SuperCab and Regular Cab configs also moved to MF 0.00181 (4.34% APR). Ranger cap = MSRP minus $500. Data: Ford Motor Credit, July 2026.
Verdict: F-150 & Ranger
The XLT SuperCrew at ~$653/month is the F-150 value pick, though the rate crept up and the cash shrank. The odd twist: the Raptor and the old penalty-box cabs now carry the lowest F-150 rate at 4.34%. The Ranger Lariat improved to ~$612 and is worth a look.
The Holdouts: Maverick & Expedition
Two lines sat out the July program. The Maverick and the Expedition both hold MF 0.00308 (7.39% APR) with no cash, unchanged from June. In a month where everything else improved, these are the only Fords still at the penalty rate. Finance them or wait.
| Model (example trim) | MSRP | MF (36mo) | APR | ~Monthly* | vs June |
|---|---|---|---|---|---|
| Maverick XL FWD | $28,145 | 0.00308 | 7.39% | ~$417 | $0 |
| Expedition Active 4x4 | $65,400 | 0.00308 | 7.39% | ~$1,065 | $0 |
| Mustang Dark Horse | $63,080 | 0.00294 | 7.06% | ~$1,061 | -$45 |
*Pre-tax, 36mo/12K miles, Northeast region, cap = MSRP, no incentives applied. Maverick and Expedition hold MF 0.00308 (7.39% APR). Data: Ford Motor Credit, July 2026.
Verdict: Holdouts
Finance the Maverick and Expedition, do not lease them at 7.39%. The Dark Horse eased a bit but is still a finance car. Everything else in the Ford lineup is a better lease this month.
Payment Math & Assumptions
- Cap cost = MSRP minus base non-conditional cash. No dealer discount or down payment. Escape ($5,000 gas / $8,000 PHEV), Explorer ($500), Mach-E ($2,500), Mustang, Bronco, Ranger, and F-150 cash are applied where shown.
- Term: 36 months / 12,000 miles per year. All residuals use the 12K tier.
- Pre-tax and pre-fees. Add your state's lease tax, FMC acquisition fee (~$595 to $695), dealer doc fee, and first-month payment at signing.
- MF is the published FMC buy rate. Dealers can mark up the money factor. Even a 0.001 bump over the buy rate adds about $75/month on a $45K vehicle. Confirm the exact MF in writing.
- Formula used: Monthly = (Cap minus Residual) / Term + (Cap + Residual) x MF, where Residual = MSRP x RV%.
- Escape closeout cash. The $5,000 (gas) and $8,000 (PHEV) are the non-conditional model-year closeout bonuses live for the rest of July. A separate Employee Pricing Bonus added more earlier in the month but expired July 6, so do not count on it. Confirm the current total as a cap cost reduction in writing.
Data sourced from Ford Motor Credit (FMC), Northeast region, July 2026. Residuals, money factors, and incentive programs change monthly and by region. MSRP figures carried from the June 2026 post and Ford pricing sheets.
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