- #257 of 286
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Re: Is this lease deal a good or bad one?? [dadam]
by fredm6
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Jul 18, 2008 (1:14 pm)
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Replying to: dadam (Jul 18, 2008 8:16 am)
Hi, I forgot to tell you what I put down. I do not remember all the details now, but I got $4250 in rebates and incentives and believe that at delivery I gave $700, which included taxes on the rebates (Ohio) , first months payment and title and registration fees.
Sure , if you put more money up front it will reduce your payment. They call that cap cost reduction. It is funny to watch the ads with low lease payments advertised and then look in the small print and see a huge amount up front. They also play with the miles and some offer only 10 K. I got 15k and 36 months. I still saw better deals than I got on this forum.
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- #258 of 286
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how is everyone getting over 4,000 in rebates?
by vs2424
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Jul 18, 2008 (6:31 pm)
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Hi I am in NY and have only seen the 2500 cash rebate. How is everyone getting over 4,000 in rebates.
Also, what model do you suggest I get if I mainly want leather seating, power everything, swivel seats w/the table and the dvd system?
I am confused here. 
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- #259 of 286
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Re: how is everyone getting over 4,000 in rebates? [vs2424]
by fredm6
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Jul 18, 2008 (8:36 pm)
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Replying to: vs2424 (Jul 18, 2008 6:31 pm)
Get the T&C Touring with the L package and try to find a Walter P Chrysler Edition. Hope there are some still out there. That will get you leather and power everything and DVD. Just find a model with the swivel seats and table. You do not have to add much to this configuration. Avoid the Navigation since at $1300 it is too expensive. As I said in an previous post get a Garmin, Tom Tom or Magelan portable unit.
As to rebates I am not up on hwat the current offers are. They vary some by region. Call the Chrysler rebate center and also ask the dealer to show you the current sheet listing all the rebates. Some also vary whether it is a lease or a purchase. See if they have conquest cash and also owner loyalty. Good luck.
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- #260 of 286
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Re: Money Factor and Residual [lklein1]
by Car_man HOST
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Jul 22, 2008 (1:54 am)
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Replying to: lklein1 (Jul 07, 2008 6:34 pm)
Hi lklein1. According to the latest information that I have seen, Chrysler Financial's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Chrysler Town & Country Touring with 15,000 miles per year .00162 and 54%, respectively. The numbers for an otherwise identical 36 month lease of this van are .00154 and 46%.
When negotiating your lease, make sure to take advantage of the $2,500 to $3,500 lease cash (the amount varies by region) and $500 bonus cash that Chrysler is currently providing on this model.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #261 of 286
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Re: Money Factor and Residual [Car_man]
by iamfrank
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Jul 22, 2008 (6:31 am)
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Replying to: Car_man (Jul 22, 2008 1:54 am)
I just received another $1k certificate yesterday in the mail. Does Chrysler really expect me to PAY for their vehicle?!?!? Additionally, around here (Detoilet, Michigan) ... 27 months is a better value than 24 or 36 month leases.
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- #262 of 286
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Re: Money Factor and Residual [iamfrank]
by vs2424
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Jul 22, 2008 (12:00 pm)
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Replying to: iamfrank (Jul 22, 2008 6:31 am)
Ummm, Hi IamFrank,
I would be more than happy to take that $1000 coupon off your hands
if it's transferrable. I will be a first time Chrysler customer. I am nervous if anything goes wrong with the minivan because I hear the dealer service dept. is beyond horrible. Do I have to go to a dealer to get my service done if leasing?
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- #263 of 286
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Re: Money Factor and Residual [vs2424]
by fredm6
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Jul 25, 2008 (5:15 pm)
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Replying to: vs2424 (Jul 22, 2008 12:00 pm)
It was just announced today on NBC Evening News that Chrysler is getting out of the lease business due to the declining value if used cars, especially minivans, trucks and large SUV,s. I am glad I leased in March. Anyone else know anything about this?
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- #264 of 286
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Re: Money Factor and Residual [fredm6]
by iamfrank
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Jul 25, 2008 (5:57 pm)
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Replying to: fredm6 (Jul 25, 2008 5:15 pm)
Roomer Mill around here in Detroit (Detoilet) is Chrysler's new slave master ... Cerberus actually wants to make money on Chrysler products. They can't make money subsidizing their lousy resale values on their vehicles .. .hence ... out of the Leasing business ... temporarily we think. Also they own/have an ownership in GMAC and we believe GM is next in line. This really stinks because my T&C is due next week and I cannot get near the $189 w/tax that I am paying currently. I am being quoted $340 ... which is forcing me to look at Honda.
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- #265 of 286
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Re: Money Factor and Residual [vs2424]
by iamfrank
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Jul 25, 2008 (6:02 pm)
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Replying to: vs2424 (Jul 22, 2008 12:00 pm)
I usually only lease Chrysler products for 27 months. Anything that goes wrong .. (ie. rear power door, rear interior plastic molding that fell off, weather stripping around rear hatch, having to duck under the weather stripping while getting in the car) will be returned to Chrysler in that manner next week. I had it in once for the ubiquitous low tire pressure light (in the winter which was never remedied) and they replaced my front suspension for some reason.
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- #266 of 286
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Re: Money Factor and Residual [Car_man]
by iamfrank
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Jul 25, 2008 (6:07 pm)
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Replying to: Car_man (Jul 22, 2008 1:54 am)
Here is what I just received for 27 months; 15k:
Touring: .00137 and 53%
Touring Signature: .00187 and 53%
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