- #52 of 231
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Re: What questions must I ask the dealer before.... [xcarguy]
by Car_man HOST
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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.
Car_man
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P.S. I got a good laugh about the $10,000 market adjustment on the SRT8 HA
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- #53 of 231
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Re: 06 300C Lease
by sah2
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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!
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- #54 of 231
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300 Touring SWD 2006 Lease..Help!
by genie0120
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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
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- #55 of 231
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Re: What questions must I ask the dealer before.... [Car_man]
by radar521
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Feb 20, 2006 (6:12 pm)
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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.
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- #56 of 231
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Residual Value 58%
by radar521
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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
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- #57 of 231
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Re: 06 300C Lease [sah2]
by Car_man HOST
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Mar 08, 2006 (2:55 am)
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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!
Car_man
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- #58 of 231
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Re: 300 Touring SWD 2006 Lease..Help! [genie0120]
by Car_man HOST
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Mar 08, 2006 (3:00 am)
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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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- #59 of 231
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Re: What questions must I ask the dealer before.... [radar521]
by Car_man HOST
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Mar 08, 2006 (3:05 am)
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Replying to: radar521 (Feb 20, 2006 6:12 pm)
I'm glad that you have learned so much by visiting this site, radar521. If I am reading your post correctly, you are getting this car for several thousand dollars below dealer invoice. If this is the case and you didn't mislabel the MSRP as the invoice price, you are getting a very good deal and I doubt that you will be able to get a better price than this. 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 .00216 and 58%, respectively.
Car_man
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- #60 of 231
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Re: Residual Value 58% [radar521]
by Car_man HOST
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Mar 08, 2006 (3:07 am)
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Replying to: radar521 (Feb 21, 2006 9:22 am)
Hey radar521. Vehicles' residual values are always a percentage of their full MSRP, including the destination charge and the MSRPs of any factory-installed options. A few banks, like Toyota Financial Services have strange residualization policies, but this is how it works with most captive finance companies, including Chrysler Financial.
Car_man
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