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Chrysler 300 Lease Questions

228 messages,  Last post on Jun 24, 2008 at 2:44 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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#69 of 228
Lease 2006 300c AWD by jayps
Apr 21, 2006 (9:07 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 228
Incentives changing? by thesonx
Apr 27, 2006 (10:28 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.
#71 of 228
So many questions, so little time by delagarza
May 14, 2006 (10:43 pm)
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Hi Carman:
I just read on this website that the 5.7 Hemi 300C has a lease special going on right now at $399 per mo, which sounds great except that the offer is for a "plain" 300C, and I kinda have my heart set on the Hertiage edition. Can I still apply the same residual and money factor for the Hertiage edition as for the base 300C under this new factory offer? And if so, how much more should I expect to pay for this upgrade? I looked at Chrysler's website and its didn't say anything other than there is $1000 cashback. And, the last poster on this blog said the rebate on the 300 is going up. Any truth to that? Lastly, my current car lease isn't due to end for another 6 months, and I have no problem paying to get out early, but should I roll those 6 mos payment into my new lease? Thanks for your help.
#72 of 228
Re: So many questions, so little time [delagarza] by Car_man HOST
May 21, 2006 (5:32 pm)
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Replying to: delagarza (May 14, 2006 10:43 pm)

Hi delagarza. I believe that the Chrysler 300C Heritage Edition has the exact same lease program available on it as the base 300C does. The exact impact that this package will have on your car's lease payment will depend upon its MSRP and how much you pay for it. If you provide me with the full MSRP and an approximate selling price for the exact 300 that you want, as you want it equipped, I would be happy to estimate what its lease payment should be for you. DaimlerChrysler is currently providing a $1,000 cash incentive on 2006 Chrysler 300 models that are financed or leased through Chrysler Financial. It also is providing $500 dealer cash on all 2006 models right now. Make sure to take both of these incentives into account when making your offer. These incentives are currently scheduled to run through July 5th, so I don't anticipate any enhancements to the 300's incentives before then. Even after that date, I would be fairly surprised if the incentives on it went up. DaimlerChrysler's offers on the 300 have been consistently at this level for a while now. Of course, it is difficult to predict exactly what automakers will do with their future incentives. You can roll out six remaining lease payments into the capitalized cost of your new lease if you want to, but if you do keep in mind that not only will you be wasting money by paying to get out of your current lease early, but you will have to pay interest on that money as well.
 
Car_man
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Smart Shopper / Prices Paid Forums
#73 of 228
lease, 300c 2WD by apoptotic
May 23, 2006 (4:24 pm)
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I currently have an offer from a local dealer for a lease of a Brilliant Black Chrysler 300c. With an MSRP of $34,300 and a 39 month lease for $400.70+TAX/month. The down side is they want $2,000 down utilizing the $1,000 incentive through Chrysler. Is this a fair deal?
#74 of 228
money factor by payday11
May 26, 2006 (7:20 am)
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I'm looking at a 300C with an MSRP of $36,475 and a sale price of $33806. Money factor being quoted is .0266. For a 39 month lease, with 21K miles per year, they're quoting $609. I saw in an above post that Chrysler's money rate was currently .00219. How much more is the dealer making on the back end here?
#75 of 228
Re: money factor [payday11] by apoptotic
May 26, 2006 (10:46 am)
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Replying to: payday11 (May 26, 2006 7:20 am)

I was given a money factor of 0.00226 with a 56% residual yesturday. Hope this helps.
#76 of 228
Re: lease, 300c 2WD [apoptotic] by Car_man HOST
Jun 11, 2006 (8:04 am)
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Replying to: apoptotic (May 23, 2006 4:24 pm)

Hi apoptotic. You never mentioned the selling price of the car that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what this car's selling price is.
 
Car_man
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#77 of 228
Re: money factor [payday11] by Car_man HOST
Jun 11, 2006 (8:07 am)
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Replying to: payday11 (May 26, 2006 7:20 am)

Hello payday11. Chrysler Financial's current buy rate lease money factor for a 39 month lease of a 2006 Chrysler 300C is .00226. It does appear as though the dealer you are working with is marking this car's money factor up. Make sure to insist that they use the .00226 factor to calculate your car's lease payment.
 
Car_man
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#78 of 228
Lease Rates for 2006 300C by andre1
Jun 12, 2006 (9:42 am)
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Car_Man,
  On Edmunds.com, the 300C is listed as having a lease special through Chrysler. Before I go to the dealer to inquire, can you give me the residual and money factor for the 2006 300C for the following. This will allow me to ensure the dealer is using the correct rates. Also, does the $1000 rebate still apply if I use Chrysler to finance?
 
15,000 miles for 24 and 36 months
12,000 miles for 24 and 36 months
 
Thanks!

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