79 messages,
Last post on Jun 24, 2008 at 3:00 AM
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Prices Paid & Leasing Experiences Archive Forum.
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Chrysler Sebring, Coupe, Convertible, Sedan
#70 of 79 Re: Leasing an 08 Sebring Touring Sedan Signature Series [tedebear]
by flygirldi
Jan 09, 2008 (6:57 pm)
Sorry for the confusion, the paperwork shows it as a Sebring Touring Signature series, but on the website you're correct, you just select Signature Series when building your own. So the car I've been quoted for at the dealer is an 08 Sebring Sedan Signature Series with a power sunroof as the only option. I'm in Detroit, MI the zip code I'm dealing in is 48075.
The Friends price you list for this car is much cheaper than what the dealer gave me. He gave me $21,477. I thought that seemed high when I saw the employee price listed on the invoice as $20,533. The dealer took the invoice and I did not get to keep a copy.
I appreciate you getting me this information and for also getting me a better estimate with my exact zip code.
Thank you again for your efforts.
#71 of 79 Re: Leasing an 08 Sebring Touring Sedan Signature Series [flygirldi]
by tedebear
Jan 09, 2008 (9:27 pm)
I checked the Friends price again, using the new zip code you provided. The discount and rebate are the same as what I quoted before. You didn't mention a color and the only one with an additional charge would be the Red Inferno, which is $225 more than the others. I used the default color silver.
MSRP: $22,705
EC: $20,108
Friends: $20,408
Although the EC program is no longer available I included it if you were curious. Both discounts include a $500 rebate which expires on 02/29/2008. An additional $200 program fee would be added to the EC price by the dealer. Not much difference between the two discounts after all that.
If you change your mind and want to see how much other options would increase the price you can build one on Edmunds. They will show you the MSRP as well as the dealer invoice. The Friends discount price is 1% below invoice. Any rebates or other price incentives are subtracted from the Friends price for even more savings.
#72 of 79 Re: Leasing an 08 Sebring Touring Sedan Signature Series [tedebear]
by flygirldi
Jan 11, 2008 (8:37 am)
Thanks so much. This is great information to have. The car is in silver, so it was great you did the default color. I do like the Red, but I did see that it was an extra cost and chose not to go that route.
Now the question is to lease or buy. I drive a lot so everyone is telling me not to lease, but I don't see myself driving this car for the next 5 to 10 years. I'm getting quotes for leasing prices with 18k and 20k mileage. People say that is nuts and I should just buy. I'd appreciate your opinion if you have time.
Thank you.
#73 of 79 Re: Leasing an 08 Sebring Touring Sedan Signature Series [flygirldi]
by tedebear
Jan 11, 2008 (11:43 am)
Since I've never leased anything I'm probably not the best one to give advice on that. I do know that you're limited on annual miles with a lease and there are penalties if you go over. I would imagine a lease with an 18-20k mile annual limit costs a lot more than something with 12k/yr terms.
You might try a Google search on lease versus buy. There are several good articles.
BTW, I bought an Inferno Red Sebring in September. The chrome accents make the whole package look very nice.
#74 of 79 Money Factor and Residual %
by jgreenberg
Mar 11, 2008 (1:39 pm)
Carman,
Can you tell me what the current money factor and residual percentage are for the 2008 Sebring Convertible Limited edition for 36 months and 10, 500 miles.
The dealer in New Jersey is offering MF of .00163 and Residual of 49% thru Daimler Chrysler
Thank You
#75 of 79 Re: Money Factor and Residual % [jgreenberg]
by Car_man HOST
Apr 08, 2008 (2:51 am)
Here's the information that you're looking for, jgreenberg. Chrysler Financial's current buy rate lease money factor and residual value for a 2008 Chrysler Sebring Convertible Limited with 10,500 miles per year are .00163 and 49%, respectively. As you can see, these numbers match the numbers that you were quoted by the dealer.
Car_man
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#76 of 79 New lease info
by timdmb
Jun 12, 2008 (4:50 am)
Hi im currently in th emarkt for a convertible... interested in leasing possibly the sebring limited hardtop convertible with the mygig navi and heated front seats anyone have any invoice pricing info as well as mf and residual info for nyc? or any leasing experiences in the area?
#77 of 79 Employee Discount
by stater09
Jun 13, 2008 (10:28 am)
I read somewhere that Chrysler has discontinued their "friends and extended family" discount; however, that employees can still help to get the cost down to invoice cost. Can someone explain this to me, or better yet, be the one to help out a college student in getting a new car!
Thanks
#78 of 79 Re: Employee Discount [stater09]
by tedebear
Jun 13, 2008 (2:36 pm)
Several months ago someone popped on here and said the Friends and Family discount was being discontinued and that they read it in a local Detroit area newspaper. The rumor was quickly disproved and the person hasn't been back since.
The Friends and Family discount is still alive and well. Unfortunately, I gave out all of my 6 numbers for the year way back in January.
I've suggested to others who want one to post requests on different Chrysler, Dodge and Jeep forums - not just here on Edmunds (do a Google search). Many Chrysler, Dodge and Jeep employees are also owners of these vehicles and regularly surf the forums.
#79 of 79 Re: New lease info [timdmb]
by Car_man HOST
Jun 24, 2008 (3:00 am)
Hi timdmb. You can look up the dealer invoice price of the car that you are interested in over in the New Vehicle Pricing section of Edmunds.com.
As far as this car's lease program goes, it varies by trim level, term, and mileage allowance. For now I will assume that you are interested in a 36 month lease of a base 2008 Chrysler Sebring Convertible with 15,000 miles per year. Chrysler Financial's current buy rate lease money factor and residual value for such a lease are currently .00110 and 41%, respectively.
Car_man
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