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Chrysler 300 Lease Questions

231 messages,  Last post on Jul 28, 2008 at 10:16 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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#49 of 231
Re: What questions must I ask the dealer before.... [xcarguy] by Car_man HOST
Jan 20, 2006 (3:06 am)
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Replying to: xcarguy (Jan 12, 2006 10:17 pm)

Hey Paul. I don't believe that there is any variation in Chrysler Financial's lease program for the 2006 Chrysler 300 by region. According to the latest info that I have seen, if you were to lease a 2006 Chrysler 300C through CFC (I think that they are officially called something like DaimlerChrysler Financial Services now) for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00212 and 60%, respectively. The numbers for an otherwise identical 39 month lease should be .00216 and 56%.
 
A $3,000 additional dealer mark-up on this car is absolutely absurd, unless there is some sort of shortage of the "C" model that I'm not aware of. In fact, DaimlerChrysler currently has a $1,000 bonus cash incentive on this car right now that should help you to negotiate a selling price that's well below MSRP. There should be a number of Chrysler dealers in Southern California. You should shop around a little bit to see if you can get a more reasonable deal on this car. You can find the MSRP and dealer invoice price for the car that you want by visiting the following section of this site: Edmunds.com - New Vehicle Pricing. I haven't personally heard anything about frequent transmission problems with this car, but if there is a problem along these lines there is a good chance that it is being talked about in the following discussion: "Chrysler 300/300C".
 
Car_man
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#50 of 231
Re: SRT 8 Lease [txcurtis] by Car_man HOST
Jan 20, 2006 (3:11 am)
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Replying to: txcurtis (Jan 16, 2006 7:20 pm)

I'd be happy to compare these two vehicles' lease programs, txcurtis. If you were to lease a 2006 Chrysler 300 SRT-8 through Chrysler Financial right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00216 and 55%, respectively. Interestingly, the numbers for an otherwise identical lease of a 2006 Dodge Magnum SRT-8 should be a much less attractive .00318 and 51%, respectively.
 
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#51 of 231
Re: What questions must I ask the dealer before.... [Car_man] by xcarguy
Jan 22, 2006 (3:31 pm)
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Replying to: Car_man (Jan 20, 2006 3:06 am)

Thanks Car_Man:
 
Received your info and appreciate all the help. I was wondering if you had the rate/residual for a 36 month lease with 12K miles per year.
 
I should have my re-purchase finished in the next week or so and will be off to another local dealer to see what we might be able to put together.
 
I did stop by my other local dealer and drove the 300C the other day. I was rather impressed with it. In fact I thought it drove a lot better than my M45. Much smoother and more comfortable.
 
If you thought the $3000.00 was unbelievable, they had a $10,000.00 dealer market adjustment on any of their SRT8 models. I just laughed at the salesmen.
 
Thanks again for your help.
 
Paul
#52 of 231
Re: What questions must I ask the dealer before.... [xcarguy] by Car_man HOST
Feb 09, 2006 (3:53 am)
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Replying to: xcarguy (Jan 22, 2006 3:31 pm)

You're welcome Paul. If you were to lease a 2006 Chrysler 300C 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 .00216 and 58%, respectively. When negotiating your deal on this car, keep in mind that DaimlerChrysler is providing a $1,000 bonus on '06 300s leased through Chrysler Financial this month. DaimlerChrysler is also providing some aggressive dealer cash on most models in February, so dealers should be anxious to strike a deal.
 
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P.S. I got a good laugh about the $10,000 market adjustment on the SRT8 HA
#53 of 231
Re: 06 300C Lease by sah2
Feb 15, 2006 (9:38 am)
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Replying to: Car_man (Feb 09, 2006 3:53 am)

Thought I would post my experience. Entered a dealership with knowledge gained from this site...thank you car_man! I was looking at the following vehicles:
-Saab 9-3 & 9-5 (I had been in Saabs since 1999)
-Infiniti G35 Sedan
-Lincoln LS
-300C
 
After much review, test driving, and negotiating, the best bang for the buck was the 300C in my estimation. I have had the car for 3 weeks and absolutely love everything about it. The only downside is that I was unsuccessful in getting the maintenance thrown into the lease(all Saab maintenance is included).
 
So here is the final:
-Able to utilize DCX EC#
-3 year / 15k miles per year
-$453/month with $1500 total at drive off, including taxes.
 
-300C has everything except nav system...previous experience with and novelty wears off very quickly.
 
Thank you Edmunds...far and away the best tool on the 'net!
#54 of 231
300 Touring SWD 2006 Lease..Help! by genie0120
Feb 16, 2006 (7:26 pm)
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Car Man I need your help! I am from Pittsburgh PA and spent the whole day today trying to run numbers with a dealer to lease the 2006 300 Touring AWD. (it is not the "C" or SRT8) Quote price was 32,205 with a "selling" price of $30,900 (claiming that was their invoice price and that is what they would sell it to me for)
 
36 months lease, 12,000 miles, $700.00 down (just for first month, tax, etc) came out to $539 including taxes. After reading,,,I feel a little beat! (I was seconds from taking the car home,,glad I didnt!) Can you please calculate this for me and see what you come up with!
 
Thanks for your help!
G
#55 of 231
Re: What questions must I ask the dealer before.... [Car_man] by radar521
Feb 20, 2006 (6:12 pm)
Reply

Replying to: Car_man (Feb 09, 2006 3:53 am)

CarMan, learning alot reading this site. 2006 300C AWD 5.7, Invoice $40,254, dealer goes to $37,400, 36 mos, 12K, I want to put inception costs down only. Can I expect to lower sales price further or is that unrealistic? What would be the residual & money factor if I purchase by 2/26/06? Dealer is loaded with cars, showroom under construction, doesn't have my color but for the right deal I would choose my second. Thanks.
#56 of 231
Residual Value 58% by radar521
Feb 21, 2006 (9:22 am)
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CarMan, can you tell me what the residual value is 58% of on the 300C AWD 5.7, 36 month lease. Is it MSRP including options or Invoice including options? Currently have offer of $505.16 x 36 months, $1000 out of pocket to cover 1st month, reg, plates, all taxes included. Wondering how RV percentage was calculated to arrive at the actual RV. Thanks
#57 of 231
Re: 06 300C Lease [sah2] by Car_man HOST
Mar 08, 2006 (2:55 am)
Reply

Replying to: sah2 (Feb 15, 2006 9:38 am)

You're very welcome, sah2. I'm glad that I was able to help you out. Thanks for taking the time to stop back and let us all know how everything turned out. Enjoy your new ride!
 
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#58 of 231
Re: 300 Touring SWD 2006 Lease..Help! [genie0120] by Car_man HOST
Mar 08, 2006 (3:00 am)
Reply

Replying to: genie0120 (Feb 16, 2006 7:26 pm)

I'd be happy to work up a lease payment on this car for you, genie0120. According to my calculations, if you were to lease a 2006 Chrysler 300 Touring AWD with an MSRP of $32,205 and a selling price of $30,900 through Chrysler Financial right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $459. As you can see, the payment that I came up with is quite a bit lower than the one you were quoted, even if it includes tax. Make sure that the dealer you are working with is using a money factor of .00241 to calculate your car's payment.
 
Car_man
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