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Dodge Caravan, Dodge Grand Caravan, Car Leasing, Van
#20 of 77 Re: Leasing help on 2006 Dodge Grand Caravan [brum]
Jun 11, 2006 (7:21 am)
Welcome brum. If you were to lease a 2006 Dodge Grand Caravan SXT through Chrysler Financial right now for 39 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00116 and 43%, respectively. The money factor for a lease with only 12,000 miles per year would be the same, but the residual value would be 2% higher. When negotiating your lease on this van, make sure to take the $4,000 lease cash that is currently available on it into account. DaimlerChrysler also has loyalty incentives on it for returning customers.
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#21 of 77 Re: Leasing help on 2006 Dodge Grand Caravan [Car_man]
Jun 13, 2006 (6:40 pm)
Thanks for the info Car_man. I have had several discussions with a dealer and this is what I have so far...MSRP $28,000, selling price $21,455. 12K miles $298 for 27 or 39 months and 15K miles for 310 27 or 313 39 months. This is with $4000 in rebate and $750 as a current Dodge owner. I note in your post #6 to Deejay2099 you calculate the monthly 241 so the figures I have still appear high. I am having trouble relating the buy rate lease factor and residual % to the monthly payment. Should I expect to be able to attain a monthly payment of $240-250 zero down as calculated for Deejay? Help!
#22 of 77 Going to lease on Wednesday need some Q's answd
Jul 11, 2006 (7:50 pm)
Going to lease a 2006 grand caravan sxt. Lease with a trade in on my vehicle ($1900.00)
Here are the specs
1. Used with 7900 miles
2. 3.8 engine
3. Customer Preferred Package - Leather Interior Group
4. Premium Group
5. Power Sunroof
6. 6 Disc cde/dvd changer
7. 1 Yr Sirius Salellite
8. Rear Seat Video System
Base Was $27,100
All options was $34,000
Vehicle price came to $27,000 because it was a Demo Vehicle.
Got a CAP RED REBATE OF $2500
Trade of my car $1900
There are some other numbers I don't understand but bottom line is my monthly payment is $360.00 for 39 Months.
How does this sound? Thanks.
#23 of 77 Dodge Caravan Base Lease
Oct 17, 2006 (5:22 am)
I am looking to lease a bare-bones Dodge Caravan with a list price of 20,720. I plan to offer a cap cost of $14,300. I would like to lease for 24, 27, or 36 months. I see leases advertised with 10,500 miles, which would suffice for my needs. Could you please let me know the 0 down payment, MF, and residual for the different time periods? Thank you - K
#24 of 77 Re: Dodge Caravan: Lease Questions [Car_man]
Oct 29, 2006 (2:51 am)
Hello Car-man (and anyone else who can help!). We are looking at a 2006 Dodge Grand Caravaan, MSRP of $31,500 (lots of nice toys on it). We would trade in our 2002 Chrsyler T&C (good condition, has a DVD). They are quoting us $429 per month for a 39 month lease with 18000 miles per year. Does this seem like a good deal? We live in Pittburgh Pa.
#25 of 77 Re: Dodge Caravan Base Lease [kfranci2]
Nov 02, 2006 (4:10 am)
Hi kfranci2. Chrysler Financial's current buy rate lease money factor and residual value for a 24 month lease of a base short wheel base 2006 Dodge Caravan SE with 10,500 miles per year are an amazingly low .00001 and 43%, respectively. The numbers for an otherwise identical 36 month lease are .00027 and 36%. When negotiating your lease on this van, make sure to take the $3,500 lease cash that is currently available on it into account. If the specific unit that you are considering has been on the dealer's lot since April 1st or earlier, there is an additional $1,000 cash incentive on it.
Using the aforementioned lease program, an MSRP of $20,720, and a selling price of $14,300, I estimate that this van's 24 month zero down, pre-tax monthly payment should be around $225. The payment for an otherwise identical 36 month lease should be around $196.
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#26 of 77 Re: Dodge Caravan: Lease Questions [reilly3]
Nov 02, 2006 (4:14 am)
Hello reilly3. You never mentioned the selling price of the Grand Caravan that you are interested in leasing. This is an important number 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 the price of the van that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary 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 its selling price is.
As far as your trade goes, there's nothing wrong with trading in your current vehicle when leasing a new one. However, it would be in your best interest to have the dealer that you are working with cut you a check for any equity that you have in your trade rather than applying the proceeds from it as a down payment for your new lease. I always advise consumers not to make down payments on leased vehicles. Consumers who make them risk losing them if their vehicle is totaled in an accident or stolen.
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#27 of 77 Used 2006 DCG SXT vs Chrysler T&C--buy/lease
Nov 12, 2006 (7:57 pm)
Are these two models exactly the same? And are these fair prices for 06 models---all with just standard features it appears. Located in suburban Phila., PA
SXT/16,378/$17,900 (marked down from $19,900)
Town and Country Touring/17,961/ $18,900 (marked down from $20,900)
Are these good prices right now, and should I consider leasing?
#28 of 77 Re: Used 2006 DCG SXT vs Chrysler T&C--buy/lease [twilkinson]
Dec 03, 2006 (5:44 am)
Hi twilkinson. I see that you mentioned the mileage of these vans. Are these demo vehicles? If so, you would still be able to lease them using Chrysler Financial's new vehicle lease program. If they are used vehicles, you would not. These vehicles' new vehicle lease programs are different. If you tell me how long you want to lease them for and how many miles per year you need to be able to drive them, I will be happy to give you an idea of what their lease programs are currently like. As far as their prices go, given the significant number of miles that are on them I personally would not purchase either of these vehicles unless I was able to get them for well below dealer invoice minus any available cash incentives. The problem that I have with demos is that dealers are not usually willing to provide enough of a discount on them for me to personally justify purchasing what essentially is a low mileage used vehicle over an otherwise identical brand new one.
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#29 of 77 What's average rate for Dodge minivan lease?
Feb 06, 2007 (9:32 am)
Looking to get out of my current lease early and get into a new Dodge Grand Caravan. Currently have rear DVD player in mine, and would prefer it again. What's going rate now? I qualify for Chrysler employee discount.