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Chrysler 300 Lease Questions

228 messages,  Last post on Jun 24, 2008 at 2:44 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Chrysler 300, Chrysler 300C SRT-8, Car Leasing, Sedan


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#138 of 228
Chrysler 300C SRT8 2006 Lease Help by mrdrifty
Nov 07, 2006 (12:08 pm)
Reply
Dear Car_Man,
 
I received the following proposal:
 
MSRP $46,745
36 month lease
15,000 miles per year
SRT OPTION GROUP 1&2
Residual value 47%, $20,181
Cap Cost $42,939
Lease Money Factor 0.00165
 
Drive off costs $1811 (includes the following)
1st month $759.68
Fee & Ins $371.75
Upfront taxes $55.28
Cap reduction (cash) $625
 
Tax Rate 8.25%
 
Total monthly payment: $759
 
Checking your previous responses, the money factor looks okay, but the residual is too low. Your advice would be greatly appreciated whether or not this is a good deal. Many thanks!
#139 of 228
Chrysler 300C SRT8 2006 Lease Help by andre1
Nov 07, 2006 (3:32 pm)
Reply
That monthly payment is insanely high. Also, with the $2000 - $3000 rebate on that car, you should get it at around $39000. I just got a quote on the exact same vehicle at the following:
 
MSRP - $46745
Cap Cost - $39000
Residual (3 year, 12K miles per year) - 58%
Money Factor - .00165
 
Based on the above, my payment is less than $500/month with NO money down. There are a TON of these SRT8's left, don't pay anything over $39000. Check on EBay; they are going for thousands under Invoice.
#140 of 228
Re: Chrysler 300C SRT8 2006 Lease Help [andre1] by mrdrifty
Nov 08, 2006 (10:28 am)
Reply

Replying to: andre1 (Nov 07, 2006 3:32 pm)

Dear Andre1,
 
Thank you so very much for the feedback (and quick too)! Is the dealer that quoted you in the Los Angeles area? If so, I would like to call them.
 
Thanks again.
#141 of 228
Re: Chrysler 300C SRT8 2006 Lease Help by andre1
Nov 08, 2006 (9:09 pm)
Reply
Mrdrifty,
  Unfortunately, the dealer I quoted is on the east coast, so I'm not sure about west coast dealers. But, you should still get the payment much closer to $500/month. Check on carmax.com. They have new 300C SRT8's at their LA dealer for $7000 off MSRP. And you can lease from them also. Print it out and force your local dealer to match the CarMax no-hassle price.
#142 of 228
Re: Chrysler 300C SRT8 2006 Lease Help [andre1] by mrdrifty
Nov 09, 2006 (5:55 pm)
Reply

Replying to: andre1 (Nov 08, 2006 9:09 pm)

Too bad. I will check out carmax. Thank you again andre1!
#143 of 228
Chrysler 300C AWD lease by tryingtolearn
Nov 11, 2006 (2:33 am)
Reply
Are these the current lease numbers for Chrysler 300C AWD or did they change?
i.e. Lease Cash / Rebate = $3000
     Money Factor = 0.0165
     36 months, residual = 56% for 15,000 miles
  Thanks...
Also what is the markup, i.e. is it reasonable to negotiate invoice price and then apply the lease cash to a lease.
Thanks
#144 of 228
Chrysler 300C Lease Question by kdckurt
Nov 14, 2006 (3:24 pm)
Reply
Could you please verify some numbers for me.
 
2006 300C 36 month lease
MSRP $35350
Net cap cost: $30362 (includes $3000 rebate)
Upfront: $767
12000 miles per year
Residual: 56%
money factor: .00203
Payment of $395
 
Also, I see that they are making me prepay and finance the up front sales tax on the entire deal. is this normal?
 
Thanks
#145 of 228
Lease Cash on 2006 300C and 300C SRT-8 by andre1
Nov 15, 2006 (11:53 am)
Reply
Car_Man,
  On another site, I found reference to Chrysler offering $2000 customer cash (Type 1, program 74C61) and $2000 lease cash (Type L, program 74L61) on all remaining 2006 300C (including the SRT-8). Can both of these be used on a lease for this vehicle? Thanks.
#146 of 228
2006 300 SRT-8 by cwa318
Nov 15, 2006 (8:27 pm)
Reply
I have been in the process of searching for an SRT-8. I am on the West coast of Florida. A previous subscriber stated there are a lot of these left on lots. Let me tell you this is 100% true. One dealer in Orlando has 15 06's left. Most dealers I have researched have 3 to 6 of these units left. They seem to be ready to deal. $2K rebate + $1k Old Age Unit Rebate. $1K Chrysler Financial money went away.
 
My question is are the residual values for this car still at 56% for 36 months (15K) and are the monet factors at .00165? Thanks
#147 of 228
2006 300 SRT-8 by andre1
Nov 16, 2006 (11:08 am)
Reply
The link below has the rates for the SRT-8 slightly changed in November to 55% residual and .00163 money factor. Also, you should easily get $7000 off MSRP on the 300C SRT-8 when all rebates are factored in. CarMax new cars has some of them at almost $8000 off MSRP.
 
http://forums.roadfly.com/forums/financing/8106455-1.html" target=_blank>link title

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