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Prices Paid: Buying & Leasing Experiences Chrysler Sebring Lease Questions
27 messages, Last post on Jun 24, 2008 at 2:00 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hello, My lease on a 2004 sebring sedan is ending, and I'm considering purchasing the car. It has about 26,000 miles on it, with a sunroof, heated driver's seat, and leather interior. My residual value is listed at 8,400. Does this seem like a good buy? The only possible negative is that the car was in an accident in May, and while the car was repaired by a dealer site and seems fine, I'm a little concerned about potential long term effects. It was a rear side passenger impact, and the frame did need to be tweaked to get the correct allignment. Should I think twice about purchasing after this kind of accident? Thanks!
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Hello I am thinking of leasing a 2008 Chrysler Sebring touring convertable. The prices is 28,945. They gave me a lease price of $325 month with putting $5000 down. I am not feeling that I have gotten a good deal. I have not sihned anything yet . Do you think that is a good deal.
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Replying to: rh7036 (Jul 26, 2007 9:08 am) Regardless of how good a price this is, you definitely should place a call to Chrysler Financial, or whichever bank you are leasing your car through, to see if they are willing to negotiate your car's purchase price. More often than not banks are not willing to do so, but sometimes they will and you don't have anything to lose by trying. If your initial contact at the bank is unwilling to work with you, try speaking with a manager. Having said all of this, I just read that your car was in an accident. I personally would never purchase a leased vehicle that has been in an accident. One of the beautiful things about leasing is as long as your car was repaired properly, you can walk away from a vehicle that has been in an accident and force the bank that you are leasing through to absorb the diminished value rather than taking the it yourself. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: princessgoodie (Aug 12, 2007 4:37 pm) It is difficult for me to evaluate this deal without knowing what this car's MSRP is. The MSRP will show me how much of a discount you are being given on it. Let me know what this number is and I will be happy to tell you what I think of the deal that you were quoted. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I'm in Detroit and I'm currently leasing a Jeep that has two payments left. I've been given a price to lease a new 08 Chrysler Sebring Touring Sedan Signature Series/4 cyl w/power sunroof. They list the sell price as $21,477. I'm being told that is with my Friends/Family discount. I want to use the $500 cash allowance Chrysler currently offering as my down payment. I don't think the $21,477 is discounted with friends/family when the EP price listed on the invoice says $20,533. Can someone tell me what the friends/family discount price should be? I'm looking to lease this time around for 30 months  20k miles per year. Thank you for your assistance.
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Replying to: flygirldi (Jan 08, 2008 7:44 pm) I'm having a hard time trying to determine which Sebring this is. Chrysler lists a Touring and they also list a Signature Series. I priced them both for you. Touring with sunroof - MSRP: $21,315 Friends: $19,142 Signature Series value package with sunroof - MSRP: $22,705 Friends: $20,408 Both of the Friends discount prices include the $500 rebate, which expires 02/29/2008. Also, I used a zip code in the St. Louis area for the discount price. If you'll provide me with a zip code in the NY area I can give you a more accurate estimate. Although the MSRP stays the same across the country, rebates and discounts vary by region. Go to www.chrysler.com and click on the Build My Own tab. Go through the build process and let me know which model it is and the MSRP when you're through and any options you select that cost extra.
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Replying to: tedebear (Jan 08, 2008 8:41 pm) The Friends price you list for this car is much cheaper than what the dealer gave me. He gave me $21,477. I thought that seemed high when I saw the employee price listed on the invoice as $20,533. The dealer took the invoice and I did not get to keep a copy. I appreciate you getting me this information and for also getting me a better estimate with my exact zip code. Thank you again for your efforts.
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Replying to: flygirldi (Jan 09, 2008 5:57 pm) MSRP: $22,705 EC: $20,108 Friends: $20,408 Although the EC program is no longer available I included it if you were curious. Both discounts include a $500 rebate which expires on 02/29/2008. An additional $200 program fee would be added to the EC price by the dealer. Not much difference between the two discounts after all that. If you change your mind and want to see how much other options would increase the price you can build one on Edmunds. They will show you the MSRP as well as the dealer invoice. The Friends discount price is 1% below invoice. Any rebates or other price incentives are subtracted from the Friends price for even more savings.
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Replying to: tedebear (Jan 09, 2008 8:27 pm) Now the question is to lease or buy. I drive a lot so everyone is telling me not to lease, but I don't see myself driving this car for the next 5 to 10 years. I'm getting quotes for leasing prices with 18k and 20k mileage. People say that is nuts and I should just buy. I'd appreciate your opinion if you have time. Thank you.
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Replying to: flygirldi (Jan 11, 2008 7:37 am) You might try a Google search on lease versus buy. There are several good articles. BTW, I bought an Inferno Red Sebring in September. The chrome accents make the whole package look very nice. |
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