Wantalease.com noticed Ford reversed many of the “generous discounts” on vehicle leases the Blue Oval offered in March by increasing monthly payments in April.
According to analysis shared on Wednesday, site officials noticed the Ford Fusion, Taurus, Escape, Explorer and Expedition all experienced price hikes this month. Wantalease reported the Fusion had the highest increase at 11.84%, bringing monthly payments to $209 per month.
The Explorer posted a 7.16% increase, while the Escape climbed by 5.95%. The Expedition rose by 5.37%, and the Taurus ticked up by 3.19%.
While monthly lease payments for these five Ford models moved higher, Wantalease discovered 75% of lease deals remained steady for April.
Site officials went on to note the Nissan Sentra continued to come in as the most affordable new lease deal of the month at $129. The Nissan Sentra has held this price for the past three months, following several price drops from the brand in February.
Wantalease also noted the vehicle that experienced the largest increase in monthly lease payment was the Honda Accord, climbing 22.41% to bring monthly payments to $249 per month.
The vehicle that posted the largest drop in price for April was the BMW X5, sliding by 15.30% to $739 per month.
While Ford took an active route, Wantalease executive vice president Scot Hall said, “We were not surprised to see such a large number of manufacturers maintain their prices for the month of April.
“We’re maybe expecting more aggressive price drops for the month of May as dealers prepare for Memorial Day sales and early summer specials,” Hall added.