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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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#62 of 231
300C AWD money factor & residual by fredg5
Apr 06, 2006 (5:18 pm)
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Hey CarMan - you're the best answering all these questions!
 
Can you answer one for me? I'm looking at a 300C AWD for 15k miles, 36 months in the Philadelphia area. What kind of money factor and residual should I be expecting?
 
Thanks!
fredg5
#63 of 231
Re: 300C AWD money factor & residual [fredg5] by fredg5
Apr 07, 2006 (6:27 am)
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Replying to: fredg5 (Apr 06, 2006 5:18 pm)

CarMan -
My dealer gave me a quote of 36 months, 56% residual, and a .00246 Money factor with a payment of $642 on a 300C AWD with an MSRP of 41310, with a cap cost of 39005. How does that sound?
 
Thanks again for all your help!
#64 of 231
Re: Chrysler 300: Lease Questions [feeunit] by Car_man HOST
Apr 09, 2006 (7:23 am)
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Hi Rick. I have a very good idea of what DaimlerChrysler's lease program is like on this car in your area right now. I would be happy to estimate what your lease payment should be in the 300C that you are interested in for you, but in order for me to do so I need you to provide me with an approximate MSRP and selling price for it as well as tell me how long you want to lease it for and how many miles per year you need to be able to drive it. Let me know and I'll work up a payment for you.
 
Car_man
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Smart Shopper / Prices Paid Forums

 
P.S. I have deleted your post because it contained personal information including your e-mail address and telephone number. Community members are not allowed to post information like that in this forum.
#65 of 231
Re: 300C AWD money factor & residual [fredg5] by Car_man HOST
Apr 09, 2006 (7:26 am)
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Replying to: fredg5 (Apr 06, 2006 5:18 pm)

Thanks fredg5. If you were to lease a 2006 Chrysler 300C AWD 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 .00219 and 53%, respectively. When negotiating your lease on this car, keep in mind that DaimlerChrysler is currently providing a $1,000 bonus on leases of it through Chrysler Financial.
 
Car_man
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#66 of 231
Re: 300C AWD money factor & residual [fredg5] by Car_man HOST
Apr 09, 2006 (7:35 am)
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Replying to: fredg5 (Apr 07, 2006 6:27 am)

Hi fredg5. A base 2006 Chrysler 300C AWD has a spread of around $2,600 between its full MSRP and dealer invoice prices. You are being given a discount of around $2,300 on the car that you are considering. This looks like a great price at first, but one has to take the $1,000 bonus that DaimlerChrysler is providing on leases of this car through Chrysler Financial into account. In reality, this cash makes your car's price more than $1,000 over dealer invoice, which is decent but not great. Also, Chrysler Financial's current buy rate lease money factor for a 36 month lease of an '06 Chrysler 300C AWD is only .00219. The dealer that you are working with may be trying to mark this car's money factor up a little bit to add some additional back-end profit to your deal.
 
Car_man
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#67 of 231
300C 2wd lease numbers by sofakingcool
Apr 18, 2006 (2:41 pm)
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Carman,
Can you please provide me with the April money factor and residual for the 300C 2wd? From looking at this forum discussion, it doesn't seem like many people lease this car. Why is that?
#68 of 231
Re: 300C 2wd lease numbers [sofakingcool] by Car_man HOST
Apr 20, 2006 (8:41 am)
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Replying to: sofakingcool (Apr 18, 2006 2:41 pm)

Here you go. This car's lease program varies depending upon how long you lease it for and how many miles per year you need to be able to drive it. For now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. If you were to lease a 2006 Chrysler 300C 2WD through DaimlerChrysler Financial right now for 36 months with 15k miles/year, its buy rate lease money factor and residual value should be .00219 and 56%, respectively. It's difficult to say why so few people lease this car. It could be that it's lease program isn't that great. It's not bad, but I bet if you compared it to the programs of some similarly priced cars you might find that it is not as attractive.
 
Car_man
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Smart Shopper / Prices Paid Forums

 
P.S. When negotiating your lease on this car, don't forget to take the $1,000 bonus for deals through Chrysler Financial into account.
#69 of 231
Lease 2006 300c AWD by jayps
Apr 21, 2006 (8:07 am)
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Hi Car_man, I've read through the board and have learned a great deal from your comments but am also hoping you will confirm what I think I already know.
 
I was at our Chrysler dealer here in CT this morning looking at a 300C. First let me say I really like the car. I had a 300M a few years back and although I didn't like the new 300 at first, it has grown on me.
 
In any case, the lease deal quoted to me is as follows: This is for a 300C AWD. MSRP came to 37,730, Sale price 35,730 (the sale price includes the current Chrysler incentive of 1000 plus another 1000 off from the dealer. For a 36 mos lease, 15000 mi/yr, and zero down, they quoted 627/mo.
 
What do you think? How does this stack up?
 
Many thanks in advance!
#70 of 231
Incentives changing? by thesonx
Apr 27, 2006 (9:28 pm)
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I am way over my miles on my Acura TL with 3 payments left. I was trying to get someone to eat my final payments if I leased a new car from them. My plan has not worked so far. I am looking at an 06 TL or a 300C. My family has a relationship with a Chrysler dealership and thought I could get a good deal on the 300. I was quoted around $600 a month/39 and 15,000 with $2000 out of pocket. I told the guy I would probably just get the Acura. He called me today and told me that the rebate on the 300 will soon be changing from $1000 to $3500 soon and that will drastically lower the payments. Has anyone heard about the incentives changing? or is the salesman just trying to stall me from buying the other car? Thanks.

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