2022 Ford Ranger Lease Deals Cost, Financing and Specials

The Ford Ranger 2022 comes with the same models from 2021, even though a few changes include softer sculpted, rounded corners. It has a 2.3-liter, 270 hp, turbocharged engine with 10-speed automatics transmission and 310 pound-feet of torque. The latest Ranger brings back bold colors of the 1990s with Splash and Splash Limited Edition packages. Other than that, the vehicle is virtually unchanged, with rumors of a general overhaul in 2023.

2022 Ford Ranger Financing

Like any other Vehicle from Ford, financing for the Ranger comes with 0% APR for three years, 0.9% APR for four years, or 1.9 APR for five years. These interest rates are more competitive than the national average on other vehicles, at 3.87% for new car loans. Even though the APR for the 2022 Ford Ranger is unclear, other vehicles from the same manufacturer have 0% APR for their 2022 versions. Examples include the 2022 Ford Edge, 2022 Ford Explorer, and 2022 Ford Maverick. If that’s anything to go by, the Ford Ranger will likely incentivize buyers the same way.

Customers who want to lease can secure the best effective monthly cost via the new 2022 Ford Ranger lease deals. Payment for this version starts from $328 per month. Other vehicles from Ford include Ford Maverick at $274, Ford Mustang at $343, Ford F-150 at $492, Ford Expedition at $560, Ford Escape at $378, Ford Bronco at $292, Ford Explorer at $428, Ford Edge at $411, and Ford Bronco Sport at $363. If you’re a fan of the Ford brand, you can choose a vehicle that meets your needs and get it at an affordable lease deal.

Ford offers strong incentives in the form of cashback offers. Notably, for the 2022 Ranger, the automaker provides a $500 cashback for everyone financing through Ford. The cashback amount differs, depending on the type of car you wish to purchase. Consequently, the 2022 Edge and Explorer also have a $500 cashback for all individuals subscribing to Ford Credit.

2022 Ford Ranger Pricing and Popularity

The Ford Ranger is pretty more affordable than other vehicles, costing $3,200 less on average, with a $24,820 price tag. It is, therefore, one of the cheapest brand-new pickup trucks you can purchase in 2022. At the top of the range, the four-wheel-drive Ford Ranger Lariat starts at $36,860, which is equally cheaper than other vehicles in its class. Therefore, regardless of the Ford Ranger model you select, you will likely enjoy the best prices for a better-performing vehicle.

In 2021, Ford dealerships sold nearly the same number of Ford Ranger trucks compared to the same period in 2020. The 2021 Ford Ranger is the second best-seller in the compact pickup trucks category, selling slightly more than the Jeep Gladiator. The best-seller in this category is the Toyota Tacoma. It has outsold the Ranger by close to three to one unit in 2021. Therefore, the 2022 Ford Ranger is likely to have a similar performance, given that it has the same features as the previous version.

If you intend to purchase the 2022 Ford Ranger, it could be challenging to find a reasonable price due to production slowdowns caused by the COVID-19 lockdown. Even so, the 2022 Ranger has a substantial ranking and is available at below-average prices, making it a good option for those wishing to purchase it despite prevailing market conditions.

Be sure to check out the available finance deals to see if you can get one that works for you. If not, do Ford Ranger lease deals, which will help you get the vehicle for 36 months at affordable monthly payments. Now that the economy has opened up, most dealerships offer both in-person and remote buying or leasing services. Find out from your local dealership how best you can access these lease deals.

The Best Ford Ranger Lease Deals

The 2022 Ford Ranger is a mid-sized pickup truck and cab truck featuring remote engine start, in-car Wi-Fi, and a start/stop system. You can either purchase the vehicle starting from $26,580 or get it on a lease. On average, you will pay $322 per month and a $2,000 down payment to lease the Ford Ranger for 36 months with a 12,000-mileage limit. If you want a 24-month or 48-month lease, you will pay $360 per month and $324 per month, respectively, on average.

You have the option to go for financing or leasing to own this particular vehicle. Financing can result in higher monthly payments. The following are some of the best Ford Ranger lease deals advertised on the market:

Monthly paymentLease periodDown paymentMileage limit
$37024 months$2,00010,000 miles
$36024 months$2,00012,000 miles
$38324 months$2,00015,000 miles
$40524 months$2,00018,000 miles
$33836 months$2,00010,000 miles
$32236 months$2,00012,000 miles
$33636 months$2,00015,000 miles
$35036 months$2,00018,000 miles
$34236 months$2,00010,000 miles
$32436 months$2,00012,000 miles
$33436 months$2,00015,000 miles
$34436 months$2,00018,000 miles

There are many reasons why you would consider leasing a Ford Ranger, including its 2.3-liter, four-cylinder turbocharged engine. The engine has lots of power in Sport mode, helping you overtake other vehicles on the highway with relative ease. Besides, it has nicely-shaped front seats with comfortable padding that can carry all types of body sizes. Even though the rear seats are relatively straight, they are still acceptable by any standards.

The 2022 Ford Ranger also has impressive tech features, especially starting with the XLT and moving to the higher trims. You get multiple USB ports, Android Auto, Apple CarPlay, And a Sync-3 infotainment system. The Co-Pilot360 comes standard with this vehicle, offering a blindspot monitor, lane-keep assist, and forward-collision warning.

It has an excellent payload and towing capacity, with six tie-downs in the luggage bed. The central locking system works on all doors and the tailgate. There’s enough space underneath the rear seats for storing smaller items. Its fuel economy, 22 mpg combined, looks better than other pickup trucks with V-6 or V-8 engines. Therefore the Ford Ranger is a reasonably good vehicle to buy or lease today.

Related Article: Best Ford Escape Lease Deals With Financing, Incentives & Offers

Multiple Cash Rebates on Ford Ranger Finance and Lease Deals

0% APR

The 2022 Ford Ranger offers several manufacturers from November 3, 2021, to January 3, 2022. Buyers can expect to pay 0% APR on financing periods ranging from 24 months to 60 months. If you choose the 72-month option, you will get a 1.9% APR. The down payment varies, depending on the lease period. For instance, a 60-month deal attracts a $2,500 down payment with a $16.67 monthly payment for every $1,000 financed. For 36 months, you will pay $27.78 for every $1,000 financed, while a 72-month deal results in a $14.71 for every $1,000 financed.

Varied Down Payment

If you want to finance for a more extended period, you should be ready to pay more on the APR. For an 84-month deal, the APR is 3.9% with a $2,500 down payment and a $13.62 monthly payment for every $1,000. That translates to an expensive financing deal, which might mean forfeiting it and going for any available Ford Ranger lease deals.

Cashback Offers

Luckily, 2022 Ford Ranger financing comes with a $500 cashback offer on select Ford Ranger models. There is also a $1,000 cashback for customers with a Focus RCL or Fusion RCL contract wishing to lease or purchase a 2022 Ford Ranger. The cashback amount may vary depending on the terms and conditions of the deal. However, customers who have ever terminated their leases within 90 days after leasing are not eligible. Only those who terminate leases within the first 18 days can enjoy these cashback offers.

Student Cashback Offers

All part-time and full-time college students can get a $750 cashback on all 2022 Ford Ranger finance and lease deals. That also applies to fresh graduate students who have been out of college for two or fewer years. Those who wish to enjoy these rebates bust register online, after which there will be a pre-qualification process. After that, one gets the $750 cashback rebate.

Military Cashback Offers

Military personnel in the Army, Air Force, Navy, Marines, National Guard, Coast Coast Guard, and their family members also qualify for a $500 rebate. Also, Military veterans who left service not more than two years ago can also enjoy the special military cash rebate. However, family members to active military members must register online to be eligible for this cashback offer.

First Responders Offers

First responders such as police officers, sheriffs, correctional officers, state troopers, paramedics, firefighters, nurses, and other federal law enforcement officers get a $500 rebate when leasing or purchasing a brand-new Ford vehicle, including the Ranger. Retirees from any of these categories do not qualify for the cashback offer.

Ford Credit Red Carpet Lease

If you wish to trade in a car made in 1995 or later, or your current lease is set to expire in 30 days, you can qualify for the Ford Credit red carpet lease. It involves a $269 monthly payment for 24 months with $3,799 cash at deal signing. All you need is to complete the application at your local Ford Ranger dealership.

Frequently Asked Questions (FAQ)

Who has the best deal on ford lease deals?

The best Ford lease deals vary depending on your location. California seems to have the best lease deals, for now, subject to a buyer’s qualification for the various lease cashback offers. Overall, you can find the best lease offers in your area by contacting local dealerships.

Does Ford offer multi-lease deals?

Yes. Ford gives multiple cash offers on lease deals. The 2022 Ford Ranger, for example, has a $500 factory bonus for all customers along with a $750 in Ford Credit Financing and another $1,500 in Ford payment bonus.

Who has the best lease deal Chevy, ford, or dodge?

While all the three brands are head to head in terms of lease deals, Ford has a competitive edge with up to $4,500 in savings, without other special discounts.

Which is better, Hilux or Ranger?

Ford Ranger is the winner in a head-to-head competition with the Toyota Hilux. The 2022 Ranger comes with more powerful engine choices and extra torque choices than the 2022 Hilux. Also, the Ranger’s automatic, ten-speed option and added innovative safety technology are unmatched by Toyota’s 2022 Hilux version.

What is the cheapest pickup truck to lease?

The cheapest pickup truck to lease will depend on your region and other personal qualifications. That said, the 2022 Ram 1500 has the best affordable national averages starting at $269 a month on a 24-month lease term with $3,799 due at lease signing.

The Bottom Line

Ford ranger lease deals in 2022 are a mixed bag, depending on your location and trim preferences. The 2022 Ford Ranger, for instance, is an excellent choice for buyers who don’t want to sift through various trim configurations looking for a midsize truck that suits their needs. It provides sufficient power with exceptional towing and unmatched payload capacity across all trim levels. It means you should pick the right features for your needs.

But the 2021 model, which is still available on lease, has the best savings off MSRP. The version beats the new 2022 model in both financing and lease offers since Ford is probably looking to sell out the few in-stock models by the end of the month.

Since the 2022 Ranger appears more of a pleasure than a working model, we recommend the XLT configuration to all buyers on a budget. You’ll only want to upgrade to the Lariat if you cannot do without the leather seats.

Also, note that Ford usually gives last-minute special offers to help boost sales. Deals for these holidays can come with incredible savings like special trade-ins, sign and drive leases with zero down, and much more. College graduates and students can also take advantage of Ford’s student purchase plans on most models with a $500 discount, inclusive of ford ranger lease deals.

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