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Dodge Magnum Lease Questions

48 messages,  Last post on Apr 09, 2008 at 2:24 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Dodge Magnum, Dodge Magnum SRT-8, Car Leasing, Wagon


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#39 of 48
Re: Residual on Upcoming Lease End [hardhawk] by qbrozen
Apr 13, 2007 (9:45 am)
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Replying to: hardhawk (Apr 12, 2007 2:08 pm)

All ya gotta do is give them a call and start talkin' turkey.
 
But don't put yourself in a pressure cooker. Call well before the end of your lease. At least 2 months, I'd say.
#40 of 48
Re: Residual on Upcoming Lease End [qbrozen] by hardhawk
Apr 13, 2007 (11:38 am)
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Replying to: qbrozen (Apr 13, 2007 9:45 am)

I found that the residual for a 2007 Magnum RT RWD on a 36 month lease with 12,000 miles a year is 42%. The residual for a 24 month lease on a leftover 2006 is 36% for an essentially 3 year old car at lease end. So, with mine being 52% for a 15,000 mile/yr lease I should be able to get them down hopefully below 40%. If I can do that, I will probably buy the car as it would make the overall lease then buy deal better than it would have been to buy it new in 2004 and finance. I had that happen on a 2 year lease on a 1998 Dodge Ram pickup. Leased it for 2 years with a incredible low monthly payment then got them down $4000 on the residual so I bought it then. My lease is not up until October so I will start communicating with them in August if I do not hear from them by then.
#41 of 48
DODGE MAGNUM SXT AWD by hezdope07
Jul 20, 2007 (4:41 am)
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hey guys, i was wondering if car man or the massive can help me out? Does anybody know the residual value and money factor for 36 month 12 k for the DODGE MAGNUM SXT AWD? plz somebody help me !!!! lol
#42 of 48
Re: DODGE MAGNUM SXT AWD [hezdope07] by hezdope07
Jul 20, 2007 (7:15 pm)
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Replying to: hezdope07 (Jul 20, 2007 4:41 am)

hurrryy somebody answer my question im in need of help !! lol
#43 of 48
Re: Dodge Magnum: Lease Questions [Car_man] by davmagnum
Aug 15, 2007 (12:44 pm)
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Replying to: Car_man (Aug 31, 2005 3:52 am)

ok i have a situation. i want a 2005 dodge magnum sxt or r/t for lets say 15,000 or so i have a trade in for about 1,000 and i want a 24-60month lease. what kind of payments am i looking at? im just looking for a lease about $300mo. and under. if my criteria cant get that what will?
#44 of 48
Re: Dodge Magnum: Lease Questions [davmagnum] by kyfdx HOST
Aug 15, 2007 (12:52 pm)
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Replying to: davmagnum (Aug 15, 2007 12:44 pm)

Leases on used vehicles are not usually cost effective..
 
In general, you could borrow $14K for 60 months, and your payment would be around $300/mo., asssuming decent credit.
 
regards,
kyfdx
#45 of 48
Re: DODGE MAGNUM SXT AWD [hezdope07] by Car_man HOST
Aug 28, 2007 (3:21 am)
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Replying to: hezdope07 (Jul 20, 2007 4:41 am)

Hey hezdope07. According to the latest information that I have seen, Chrysler Financial's buy rate lease money factor and residual value for a 36 month lease of a 2007 Dodge Magnum SXT AWD with 12,000 miles per year are .00246 and 47%, respectively. When negotiating your lease on this vehicle, make sure to take advantage of the $1,500 lease cash that is currently available on it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#46 of 48
Current Lease Rates by ddelise
Nov 09, 2007 (4:22 am)
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Hello -
 
In Florida, what are the current lease rates and residual for both the 2007 and 2008 Magnum SXT? I am interested in 36 or 39 months. Also, what are the lease incentives available?
 
Thanks - Damon
#47 of 48
Magnum Lease Rates by mattnday
Mar 07, 2008 (5:27 pm)
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Can I please get the 36/39 month lease rates and residuals for a 2008 dodge magnum RT. I am working with a dealer who has one of the last 08 RT's in my area and he is quoting my an almost 8% lease rate from Chyrysler Financial. he is quoting me $200 more a month to lease the vehicle than buy it outright.
 
Unfortuantely I need to lease it due to Tax reasons.
#48 of 48
Re: Magnum Lease Rates [mattnday] by Car_man HOST
Apr 09, 2008 (2:24 am)
Reply

Replying to: mattnday (Mar 07, 2008 5:27 pm)

Here's the information that you're looking for, mattnday. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 22008 Dodge Magnum RT 2WD with 15,000 miles per year are .00265 and 45%, respectively. The numbers for an otherwise identical 39 month lease are .00271 and 44%. If you were to lease this vehicle with only 12,000 miles per year, its residual values would be 2% higher. As you can see, Chrysler is not providing much in the way of lease support on this model right now. I personally wouldn't lease one.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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