- #21 of 231
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Re: Re: Re: Re: Chrysler 300: Lease Questions [Car_man]
by maxrider
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Nov 03, 2005 (5:30 pm)
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Replying to: Car_man (Oct 30, 2005 5:59 am)
Car_man-
Greetings & thanks,
Here is the deal: 300 Limited AWD MSRP $36875 Selling Price $33472 39 month/39k miles, Trade-In +$1950
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- #22 of 231
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Re: Re: Re: Re: Chrysler 300: Lease Questions [maxrider]
by Car_man HOST
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Nov 07, 2005 (3:35 am)
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Replying to: maxrider (Nov 03, 2005 5:30 pm)
Thanks for the additional information, maxrider. Let's estimate what this car's lease payment should be and see what we come up with. According to my calculations, if you were to lease a 2006 Chrysler 300 Limited AWD with an MSRP of $36,875 and a selling price of $33,472 through GMAC right now for 39 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $478. If you were to use your trade-in allowance as a capitalized cost reduction for your lease, it would drop this car's payment to around $423. However, I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your Chrysler 300 would be exactly the same, regardless of whether you had put $2,000 down, or had made absolutely no down payment at all.
Car_man
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- #23 of 231
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300 Touring AWD lease
by tjbennett
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Nov 09, 2005 (11:41 am)
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Am I way off base in thinking I can get a 300 Touring AWD for around $350 - $360 month? I don't want any of the packages, except maybe a sunroof. What is the going price either leasing or buying and for how many years? Also I don't want to put anything down.
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- #24 of 231
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2006 - 300C Lease Help
by greyhaired59
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Nov 10, 2005 (9:34 pm)
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Car_Man
Need help by 9:30AM Eastern time Friday 11/11!
Received the following final offer from the dealer today 11/10. Is this a Good Lease Price?
MSRP: $35,890
Miles: 15,000
39 Month Lease 505.36 monthly (Includes Sales Tax 6% and GAP)
$1,000 Out of Pocket at signing (Includes 1st Month Payment & Registration for term of Lease ~ $352).
I do not know any of the Lease details.
Do you know the What the Residual and money factor should be on this car?
Is this a good deal or could I have done better.
I also found out this evening that Chrysler is now giving a $1,000 cash bonus on Leases for the 300C. The dealer did not mention it. Could be why he improved his best offer late today.
How does this cash bonus usually work?
Is this a good deal with the $1,000 factored into the above?
Thanks
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- #25 of 231
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300C Quote
by govols2
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Nov 11, 2005 (7:05 am)
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Car_Man:
I got an internet quote from a local dealer:
2006 Chrysler 300C MSRP $38,925.00
Cap Cost $36,586.00 plus tax tag title fees (includes $1000 Off)
What should I expect for Money Factor and Residual for 36 or 39 Months?
Many Thanks,
David
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- #26 of 231
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My 2006 300C Quote
by govols2
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Nov 14, 2005 (7:14 pm)
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Here is my dealer quote:
MSRP 38830
Cap Cost 35586 which is invoice plus advertising dollars
Money Factor .00229
Residual 56%
39 months
12k per year
Payment $505.87 plus State Sales Tax
I would like some feedback on this note.
Thanks,
David
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- #27 of 231
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Re: 300 Touring AWD lease [tjbennett]
by Car_man HOST
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Nov 22, 2005 (3:19 am)
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Replying to: tjbennett (Nov 09, 2005 11:41 am)
Hi tjbennett. Your exact lease payment for this car will vary depending upon a number of factors, including how long you want to lease it for, how many miles per year you need to be able to drive it, and its selling price. If you provide me with this information, along with its full MSRP, I would be happy to give you an idea of what sort of lease payment to expect on one. You can find this car's MSRP by visiting the following section of this site: Edmunds.com - New Vehicle Pricing. You may be able to get an idea of what sort of price you will have to pay for this car by visiting the following discussion: "Chrysler 300 / 300C: Prices Paid & Buying Experience".
Car_man
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- #28 of 231
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Re: 300C Quote [govols2]
by Car_man HOST
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Nov 22, 2005 (3:22 am)
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Replying to: govols2 (Nov 11, 2005 7:05 am)
Hi David. If you were to lease a 2006 Chrysler 300C 2WD through Chrysler Financial right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00266 and 57%, respectively. The numbers for an otherwise identical 39 month lease should be .00229 and 56%.
Car_man
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- #29 of 231
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Re: My 2006 300C Quote [govols2]
by Car_man HOST
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Nov 22, 2005 (3:28 am)
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Replying to: govols2 (Nov 14, 2005 7:14 pm)
Hi David. The lease program that you were quoted is right in line with Chrysler Financial's current program for this car. This is a good thing. Since DaimlerChrysler is providing $1,000 bonus cash on the 2006 Chrysler 300 this month, the price that you were quoted for this car (dealer invoice) is really equivalent to around $1,000 over invoice. This is a reasonable price for this car. Something is not right about the lease payment that you were quoted though. I come up with a zero down, pre-tax monthly payment of around $487 for the car that you described using this money factor and residual value. You need to ask the dealer why the payment that you were quoted for this car is too high.
Car_man
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- #30 of 231
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Re: My 2006 300C Quote [Car_man]
by stevern
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Nov 22, 2005 (6:19 am)
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Replying to: Car_man (Nov 22, 2005 3:28 am)
Car_Man, please see my post in the Jeep Grand Cherokee Lease forums. You are a very popular person to get in touch with! Thanks.
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