- #35 of 231
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Re: What questions must I ask the dealer before.... [cdbullandbear]
by Car_man HOST
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Dec 08, 2005 (3:49 am)
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Replying to: cdbullandbear (Nov 29, 2005 3:42 am)
Hi Christina. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
The two most important numbers for you to focus on when negotiating your lease are your vehicle's selling price and its lease money factor. These are the two main profit centers for dealers on leases. The selling prices of leased vehicles can be negotiated, just as if you were paying cash for or financing them. The money factor is important to know because dealers often have the authority to "mark-up" banks' buy rates to add additional hidden back-end profit to deals. I can tell you exactly what the money factor should be like for the car you are considering if you provide me with a detailed description of it and tell me how long you want to lease it for.
Car_man
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- #36 of 231
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Re: 300 Touring AWD lease [tjbennett]
by Car_man HOST
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Dec 08, 2005 (3:51 am)
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Replying to: tjbennett (Dec 02, 2005 10:05 am)
Hi tjbennett. You definitely shouldn't lease this car for 4 years. Its 48 month lease program is terrible. You would be much better off leasing it for 39 months. Chrysler Financial's current 39 month, 12,000 miles per year buy rate lease money factor and residual value for the 2006 Chrysler 300 Touring Signature Series are .00264 and 59%, respectively.
Car_man
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- #37 of 231
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Leasing a 300C AWD
by chevyguy2
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Dec 09, 2005 (5:33 am)
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If I want to lease with 12,000 rather then 15,000 miles, what changes in the lease factor and residual value?
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- #38 of 231
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Chrysler Incentives
by salc1
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Dec 13, 2005 (9:03 am)
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Hi Car_Man;
I have been looking at the 300C and Limited and am about to start negotiating with local dealers. Before I start the process, I'd like to know what the likelihood is of better incentives in January as opposed to making a deal in December.
Thanks.
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- #39 of 231
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300C AWD
by gojayhawks
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Dec 14, 2005 (6:29 pm)
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Hey Car_Man -
I'm looking at leasing a 2006 300C AWD. The one I'm looking at is fully loaded....with a MSRP of $41506. Taking into account the $1000 rebate what should I expect to pay (excluding tax) for a $0 down 39 month 12000 mile lease? Residual?
Thanks in advance for the info.
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- #40 of 231
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Re: Leasing a 300C AWD [chevyguy2]
by Car_man HOST
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Dec 29, 2005 (4:39 am)
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Replying to: chevyguy2 (Dec 09, 2005 5:33 am)
Chevyguy2, Chrysler Financial's lease money factors are exactly the same for leases with 12,000 and 15,000 miles per year, but its 12,000 miles per residuals for leases longer than 30 months are 2% higher than its 15,000 miles per year residuals.
Car_man
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- #41 of 231
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Re: Chrysler Incentives [salc1]
by Car_man HOST
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Dec 29, 2005 (4:43 am)
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Replying to: salc1 (Dec 13, 2005 9:03 am)
That is a very good question, salc1. It is difficult to predict what manufacturers' future incentives will be like. Chrysler Financial's residual value for the 2006 300C will almost certainly drop in January, making this car more expensive to lease. The question is whether DaimlerChrysler will reduce its lease money factors or introduce additional lease cash on it to offset this drop. I suspect that this car will cost around the same to lease next month, so you probably would be better off finalizing your deal on it now when dealers are anxious to squeeze a few more sales in before the end of the month and year. As I said earlier though, it is difficult to predict exactly what will happen.
Car_man
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- #42 of 231
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Re: 300C AWD [gojayhawks]
by Car_man HOST
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Dec 29, 2005 (4:47 am)
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Replying to: gojayhawks (Dec 14, 2005 6:29 pm)
Hey gojayhawks. If you were to lease a 2006 Chrysler 300C AWD through Chrysler Financial right now for 39 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00229 and 57%, respectively. This car's lease payment will depend upon what sort of selling price you are able to negotiate. You should be able to get some sort of additional discount from the dealer in addition to the $1,000 cash incentive that is being offered on leases of it right now. You may be able to get an idea of how much of an additional discount you should be able to negotiate by visiting the following discussion: "Chrysler 300 / 300C: Prices Paid & Buying Experience". Once you have an idea of what the selling price should be, let me know and I will work up a lease payment for you.
Car_man
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- #43 of 231
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Re: 300C AWD [Car_man]
by gojayhawks
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Jan 02, 2006 (6:38 pm)
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Replying to: Car_man (Dec 29, 2005 4:47 am)
Hey Car_Man -
Thanks for the info. The sales price I have talked them down to is $38,500. Also, do you know what incentives will be available in January?
Thanks again,
GoJayhawks
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- #44 of 231
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Re: 300C AWD [gojayhawks]
by Car_man HOST
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Jan 05, 2006 (3:15 am)
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Replying to: gojayhawks (Jan 02, 2006 6:38 pm)
You're very welcome, GoJayhawks. Thanks for the additional information. According to my calculations, if you were to lease a 2006 Chrysler 300C AWD with an MSRP of $41,506 and a selling price of $38,500 through Chrysler Financial right now for 39 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $523. Daimlerchrysler extended its December incentives through January 9th. It is difficult to say what its lease program will be like on this car after that date.
Car_man
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