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Chrysler Pacifica Lease Questions

65 messages, Last post on Dec 23, 2008 at 11:42 AM
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Replying to: jdubb2 (Dec 13, 2007 9:48 am)
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Replying to: rmbalisa (Dec 15, 2007 5:44 am) |
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Replying to: jdubb2 (Dec 13, 2007 9:48 am)
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Hi all, I had leased a 2007 Pacifica back in Dec 06, I'm 15 months into the lease and was able to come up with the $$$ to pay off my lease and buy the vehicle. I contacted Chrysler Financial and they stated that I had to contact the dealer where I got the car from. I did and they sayd that I had to go to Chrysler Financial to do this. After the run around and spending 3 hors on the phone between talking to India and US reps. I got a word that Chrysler Financial can't do it since they are an indirect lender, and based on Florida law they can't sell me the vehicle (but if I'm about 3 months from maturity they can, I'm confused). So they referred me back to the dealer. They (the dealer) wanted to charge me a bunch of fees, since they said ".. we do not own the car, Chrysler does, therefore we will have to buy it from Chrysler in order to sell it to you ..." and here comes the fees, inspection fees (when I already have the veichle), tags fees (when I'm already using my own tag) and taxes (when the taxes are already in the payoff quote), when it is clearly in the contract that these fees will be waived if I purchase the vehicle.. I need help on getting this resolved. Has anyone out there had the same situation in the past?, and if so how you resolved it?. Thanks.
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Hi, I just turned in my 39 month leased Chrysler Pacifica, 2005, AWD, Touring, with all the extras. I really wanted to purchase this car, but was STRONGLY discouraged from doing so by the dealership. From what I understand about Chrsyler FInancial and Chrysler Corp., there is absolutely no negotiations on end of lease purchase price. It is was it is as was outlined in the lease. Anyway, the buyout was $21 K, which when I researched the value of the car here on Edmonds, that's exactly what came up for this car in excellent shape with only 28,000 miles. But the dealer said they were re-selling these cars for around $16 K and anyone would be a "fool" to pay 21K. So, not wanting to roll over into a Chrysler lease or buy there, I just ended up reluctantly turning the car in. Now I really wonder, Did I do the right thing? I hate the thought of pouring the money into the car and letting it go, and actually I always planned on keeping it. Any thoughts or advice would be most welcome. When does it make sense to purchase your lease?
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Replying to: pacifica07 (Feb 21, 2008 11:15 pm) If your Pacifica doesn't have any problems and you still like it at the scheduled end of your lease, then place a call directly to Chrysler Financial to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". If your Pacifica's purchase option price is less than it would cost you to purchase a similar used vehicle, then you should consider buying it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: tellmethetruth (Mar 06, 2008 11:26 am) More often than not, vehicles' end-of-term purchase prices are too high and consumers are better off walking away from their car or truck at lease-end. By not overpaying for what essentially is a used vehicle, you weren't wasting money. You were actually saving yourself money. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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The Pacifica leased for $459.00 a month for 39 months, without tax and license, with $500.00 down, 12,000 miles a year. The KE5969 has a CD DVD/MP3 format Radio it is not Video ready. This is for a mediumly outfitted 2008 model I priced a Honda Pilot VP 4wd for $335 including all fees - 500 down |
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