Last post on Sep 16, 2007 at 6:21 PM
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Dodge Durango, SUV
#120 of 149 Re: Is this a Good Deal on 06 Durango SLT Lease? [dodgehappy]
Nov 07, 2006 (11:58 am)
This sounds like a FANTASTIC deal - I am looking for the same - Can you let me know if you sign the papers & take it home for that price?
#121 of 149 Re: Is this a Good Deal on 06 Durango SLT Lease? [kfranci2]
Nov 07, 2006 (12:04 pm)
I will be happy to let you know how things go if we move forward!
#122 of 149 got some updated numbers on 06 SLT lease
Nov 07, 2006 (6:06 pm)
I emailed with the dealer again today. Any pros out there think its a great deal or just average? should I ask for better?
New 06 Durango SLT w/ tow pack 3rd row and DVD player
Total Rebates and Incentives $8,000.00
Net Price of Durango$25,290.00
Term 27 Months
Money Down via trade in- $3000.00
Money Factor .00082
montly approx pymt with tax $298
#123 of 149 Re: got some updated numbers on 06 SLT lease [dodgehappy]
Nov 08, 2006 (7:11 am)
Hi dodgehappy - I'm confused about your $ down - are you putting $300 down or is that a negative payoff of your current car? Looks like you must be getting a "red dot" car since what I understand of rebates are that it's $6000 for the durango + $1000 for lease + $1000 for unit in inventory since 4/1/06. The money factor and residual (if it is still 50%) look good. Are you paying for the DVD player or was it included for free? I've seen it both ways on the ones I've lookd at.
#124 of 149 Re: got some updated numbers on 06 SLT lease [kfranci2]
Nov 08, 2006 (7:28 am)
Hopefully this will clarify... We have an Chrysler minivan that we owe $2,500 on and the dealer stated they will give us $5,500 for it if we trade.
Does 50% sound right on the residual for a 27 month SLT lease?
What do you mean by "red dot", is that a car sitting since April? Is it a bad idea to pick up one of those?
Not sure on the DVD player, I just know it is part of the sticker price, but I haven't seen the sticker yet to confirm if it was a free option. Does that make a big difference in the lease?
The dealer did tell me yesterday the lease he calculated the $298 payment on is actually based on a car price 500.00 higher then the correct vehicle price after all rebates. Should the payment go down now because of that 500.000, and if so by how much?
#125 of 149 Re: got some updated numbers on 06 SLT lease [dodgehappy]
Nov 08, 2006 (8:40 am)
Hi dodgehappy, The 50% residual sounds good to me, but if you are putting $3000 as a downpayment, then your payment looks a little high for me.
Take a look at the DVD player. If it was a no-cost option, then it gets added into the MSRP for the residual, but does not get added into your negotiated price for the Durango. basically, you get 2 good benefits, the residual is higher because you have it, but you don't have to pay it.
I would ask for some more details before pulling the trigger. It's possible this dealer is marking up the interest rate to get more $$ for him (bad for you).
I don't think it's bad to buy a car on the lot since April - they haven't changed at all and it allows you to get an extra $1000 off!
#126 of 149 Re: got some updated numbers on 06 SLT lease [kfranci2]
Nov 08, 2006 (8:50 am)
So with the .00082 money factor the dealer claimed he is working with the the $3000 down plus rebates, the payment doesnt seem to add up, at a 50% residual?
#127 of 149 Re: got some updated numbers on 06 SLT lease [dodgehappy]
Nov 08, 2006 (10:45 am)
It doesn't appear to add up to me. I am pricing a Durango listing at $38.5K with an invoice of $34K and if you take the 8,000 rebates off and 50% residual, then i get a payment with 0 down of $298.
#128 of 149 Lease question on D Durango SLT 4x4 money factor residual value
Nov 13, 2006 (8:22 am)
I'm trying to lease a dodge durango SLT 4x4 2006 with interior convenience, 3rd row (3-pass), awd t/case, 5.7L Hemi Multi Displacemnt engine, gray running boards--sticker 33,430 sticker with above add ons 36,520
I qualify for employee pricing and want to use all rebates etc possible. I also qualify for a returning lease loyalty rate. I'm looking to lease in the MetroDetroit area, but I'm willing to drive if a better lease deal is possible elsewhere.
Before rebates and employee discounts I'm looking at a price of around 32,662 this is off the tmv on edmunds.
What money factor & residual should I be getting. I want to lease for no more than 24 months and have 12,000 miles a year. With $0 down What do you think the monthly payment would be?
Also this is the first time I've ever posted to any site, so if I'm not doing it correctly I appologize.