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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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#91 of 231
Re: How good is this 300C deal? [ocgeezer] by qbrozen
Aug 02, 2006 (5:37 am)
Reply

Replying to: ocgeezer (Aug 01, 2006 11:44 pm)

wow. that's a sweet ride for $300 per month. I had no idea they were discounting the C that much these days. I guess gas prices must be hurting sales.
 
Let's see... $4k down makes a difference probably in the neighborhood of $120 per month. I might be inclined to split that, myself. Make the payment $360'ish and take a $2k check home with ya.
#92 of 231
Re: How good is this 300C deal? [qbrozen] by ocgeezer
Aug 04, 2006 (11:34 pm)
Reply

Replying to: qbrozen (Aug 02, 2006 5:37 am)

Indeed, that is a sweet ride for $300. After doing some research, I realized that it's too nice to pass up. So I went back to the dealer. But I was informed that they had actually "miscalculated" the first time. They included additional deposit (that I hadn't planned on putting down). I'm not sure whether they attempted to scam me or not. So after all is said and done, they came back with a quote of $400.
 
QUESTION: If everything's the same from my previous post, how good is the deal then at $400? Thanks for your help.
#93 of 231
Re: How good is this 300C deal? [ocgeezer] by qbrozen
Aug 06, 2006 (3:40 pm)
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Replying to: ocgeezer (Aug 04, 2006 11:34 pm)

tough to tell without knowing the money factor and residual.
#94 of 231
Are these the Current rates by nottheone
Aug 07, 2006 (3:13 pm)
Reply
Car - 2006 300C Heritage Edition
 
MSRP $36,395 Employee price $32,727
12000/ miles yr
Residule 56%/39 months, 57% 36 months
Money factor .003 for both 36 and 39 months
$700 acquistion fee
 
I see in a previous post, that a .00251 lease rate was the going rate. Did things change in Aug?? since I'm being quoted .003?? Or is the dealer just looking to make some extra money.
 
Also, $700 seems pretty high for acquistion fee. Whats everyone else paying??
 
Any additional incentives I should be looking for??
 
Thanks
#95 of 231
Re: Are these the Current rates [nottheone] by ocgeezer
Aug 07, 2006 (4:32 pm)
Reply

Replying to: nottheone (Aug 07, 2006 3:13 pm)

nottheone,
 
I was also quoted $700 for acquisition and $45 for doc fees for a 300C. The money factor I was quoted was .00255 for 39 mos. I'm not sure whether the Heritage Edition is different or whether the dealer is looking to make extra money. Just ask him. I got multiple quotes and I called one of the dealer out on it when he quoted me .00295. And he admitted that he was trying to make a few extra bucks off of me. I realize they're in business to make money so it wasn't a big deal to me. But I think getting different quotes from different dealers really helps.
 
Here's the latest quote I received for my 300C with sunroof:
 
MSRP: $35680
Price: $31000
Acquisition: $700, doc fee: $45
Residual: 55% = $19624
Money factor: .00255
12K miles
$3004 down
Monthly payment: $354.31 + tax = $382/mo
 
That's a huge discount. I'm probably going to take it.
#96 of 231
Thanks! by ocgeezer
Aug 07, 2006 (11:17 pm)
Reply
I just bought my 300C tonight and I want to thank everyone in this forum. I've learned so much! Here's the details of my lease if anyone wants to get an idea what the market conditions are like here in Southern California.
 
Silver 300C
Sunroof, adjustable break pedals, 1 year Sirius
MSRP $35,750
Price $31,087
Down payment $3,533.41 (they ended up giving me more for my Audi)
Acquisition $700
Money factor .00255
Residual (55%) $19,662.50
Monthly payment = $342.46 + $26.64 (tax) = $369/mo
 
Hope that helps someone. I love this car!
#97 of 231
Re: Are these the Current rates [nottheone] by qbrozen
Aug 08, 2006 (5:35 am)
Reply

Replying to: nottheone (Aug 07, 2006 3:13 pm)

interesting that your quoted residual is 2 points higher than ocgeezer's. I wonder why that is. Normally, that difference would be miles or navigation, but you were both quoted for 12k miles and ocgeezer does not mention Nav.
 
Your money factor CAN depend on your credit, too. So, if you have less than good credit, that could account for the .003 MF.
 
I suggest using that purchase price and getting a quote from a bank or credit union.
#98 of 231
Re: Are these the Current rates [qbrozen] by nottheone
Aug 08, 2006 (3:16 pm)
Reply

Replying to: qbrozen (Aug 08, 2006 5:35 am)

After checking around, I determined that the first dealer must have smoked his lunch. Current rates on 300C are:
 
(12,000 miles/yr)
36/months Rate .00251 Residual 56%
39/months Rate .00255 Residual 55%
#99 of 231
Lease Rate Negotiation by polara60
Aug 15, 2006 (6:25 pm)
Reply
Car man
 
In advance let me thank you for your help! Here is my deal at the moment. The car price with a 12.5% discount off list I know is good but I need to round this lease into shape:
 
300C Heritage Edition
MSRP $40,375
Emp Price $35,344
39 Month
18,000 mi/yr- Need that kind of miles/yr
Money Factor 00344- How can you push this down?
Residual .50102- Is this right with a 58.5m mile cap?
Disposition Fee $425- Assume you can work this?
 
This has all been done to date via the internet. This is a big all brands total Chrysler Dealer.
#100 of 231
Re: Lease Rate Negotiation [polara60] by qbrozen
Aug 16, 2006 (6:11 am)
Reply

Replying to: polara60 (Aug 15, 2006 6:25 pm)

if you want to lower the money factor, try a local bank or your credit union. I would get a quote from the bank and ask the dealer to beat it.

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