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You are in the Prices Paid - Buying & Leasing Experiences
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Chrysler Town and Country, Car Leasing, Van
#90 of 407 Re: T&C Lease questions [Car_man]
Jun 11, 2007 (6:36 am)
Thank you Car_man for the above information. Several questions. Do you know if the above money factor (.00091) and residual value (45%) and 10500 miles are the same for the Limited?
Do you have any idea what the 2008 residual factor might be…I know it is purely speculation at this point. It makes it difficult to decide if I should wait for the 2008 or buy now taking advantage of the cash enticements.
I imagine the residual values will be considerably higher when the 2008 vans are released. I believe in the spring of 2004, when Chrysler introduction the new model year 2005 Town & Country vans, residual values were 59%.
Thanks - Mark
#91 of 407 2007 Spring Special Edition Lease - asking for opinion
Jun 19, 2007 (8:34 pm)
Hi all- I am new to the forum and would like to hear your opinion on the following lease deal from a local dealer.
Car : 2007 T&C Spring Special Edition
Up-front downpayment: 3,000
Monthly payment: 349.00/month
Contract duration: 27 months and 12K Mile/Month
I only give the dealer the deposit but haven't signed any paper yet.
I search the Internet and saw an ad from Ed Tomko chrysler Jeep, for the same car/contract, they offer monthly payment of $189/month with $2995 cash down. Am I being ripped off?
#92 of 407 Re: 2007 Spring Special Edition Lease - asking for opinion [alien99]
Jun 20, 2007 (6:22 am)
That $189 price probably includes returning leasee discounts, employee pricing (?), no tax, title, etc.
My 2005 F-150 lease advertisement was $169/month. My actual payment was $240, no $$ down. Not bad for a $34k truck!
My 2007 Grand Caravan SXT Special Edition runs $310/month with no money down, 27 month, 10.5k miles per year. Got the employee pricing through a relative.
Leather, sunroof, bluetooth, 6-disc DVD changer, navigation, power pedals (useless), Sirius, power doors/hatch, mono-chromatic extra cost paint, sweet van for the $$.
I'd never consider buying one, too much stuff to break (like the power doors). Stay under 36k total miles on the lease so it stays in warranty. I expect my trans to crap out any day.
#93 of 407 Info on leasing a 2007 Townd and County
Jun 27, 2007 (3:40 pm)
Hello Car man,
I am new to leasing, but I was wondering if you could tell me what the money factor and residual value would be for a 36 months lease with 15,000 mi/yr on a Town and Country Spring Special Edition.
I am in Illinois. Do you by any chance know what people have been paying out the door for a vehicle like this?
My husband works for a company that has one of those corporate agreements with Chrysler, where they issue you a control number and you should be able to get a discount ( I believe 1% under invoice).
Should we mention it right away when requesting a price quote or wait until they give me a price and then ask if it will go down any more once I provide them with the control number?
Sorry about the rambling post.
I look forward to your response.
#94 of 407 Lease Incentives & Rebates question
Jul 07, 2007 (11:57 am)
My husband and I are looking to buy a Town and Country Touring or Limited in July. Does anyone know if the incentives are the same ($4500, or are they greater since they are rolling out he new 2008's soon? It's too late in the day to call a dealer, but I thought I would get as much info as I could and see if I could try to figure out what my lease could be with our down payment and incentives etc.
#95 of 407 Re: T&C Lease questions [withalacrity]
Jul 17, 2007 (1:48 am)
You're very welcome, Mark. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Chrysler Town & Country Limited with 10,500 miles per year are .00069 and 41%, respectively.
I believe that DaimlerChrysler just announced pricing for the redesigned 2008 minivans, which actually look really nice btw, but I have not seen any lease program for them yet.
Prices Paid Forum
#96 of 407 Re: 2007 Spring Special Edition Lease - asking for opinion [alien99]
Jul 17, 2007 (1:49 am)
Welcome Tim. You never mentioned the selling price or MSRP of the Town & Country that you are interested in leasing. These are important numbers 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 this van's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle 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 these numbers are.
Prices Paid Forum
#97 of 407 Re: Info on leasing a 2007 Townd and County [sasabella]
Jul 17, 2007 (1:54 am)
I would be glad to help you out, sasabella. Since you are new to leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
As far as this vehicle's lease program goes, Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Chrysler Town & Country Spring Special with 15,000 miles per year are .00044 and 40%, respectively.
I don't know how much this van would cost to lease off of the top of my head, but I would be happy to work up a sample lease payment on one for you if you provide me with its MSRP and selling price.
Definitely make sure to mention the fact that you are eligible for DaimlerChrysler's supplier purchase program when you speak with dealers. this program will provide you with an attractive price on the vehicle that you want without having to haggle.
Prices Paid Forum
#98 of 407 Re: Lease Incentives & Rebates question [blessedtwice]
Jul 17, 2007 (2:07 am)
Hello Bren. Through the end of July, DaimlerChrysler is providing $4,000 lease cash on long wheel base 2007 Chrysler Town & Country models. It is difficult to say what its August incentives will be like for this van at this point.
Prices Paid Forum
#99 of 407 End of Lease
Jul 19, 2007 (6:15 am)
We are nearing the end of our first lease on a T&C minivan. It was a 39 month lease and we are 10K over in miles. The van has been well maintained - oil changes on time, preventive maintenance, etc. But there is some body wear (which could be easily fixed). The purchase price for us is $14,500 (including taxes). We are planning on purchasing it, but I would like to try and negotiate a lower price. I contacted Chrysler Financial and they said they do not deal directly with customers, that all purchases of lease ends have to go thru a dealer. Does anyone have any experience/advice on how we should proceed? I don't want to get hosed by paying more than the van is worth, but am sure if we drive the van to the dealer and they see how over miles we are they will know they have us. Help!