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Dodge Magnum Lease Questions

51 messages,  Last post on Sep 23, 2009 at 5:52 PM

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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#37 of 51 Re: any way to get this info? [Car_man] by qbrozen Apr 12, 2007 (7:15 am)
Replying to: Car_man (Apr 12, 2007 2:24 am) i gave up on the idea... but 36%!!!! after 2 years???!!! OMG! OK, ok, so its basically 3 years since it is so late already ... or 3.5 years. But still, how great would it be to get a 30k mile Magnum RT for a third of its original price. That's like $10k! Maybe $12k-$13k retail. I just don't see that happening. I'd LOVE for it to happen so I can get one real cheap ... but it won't.
#38 of 51 Residual on Upcoming Lease End by hardhawk Apr 12, 2007 (1:08 pm)
Car Man:   I leased a 2005 Magnum RT back in October of 2004 for 3 years, 15,000 miles per year. It looks like now the residuals on this car are in the toilet. My question to you is "How do I get Chrysler Financial to reduce the end of lease sale price if I want to buy the car?" The lease residual in my lease is about 52%. I might want to buy the car off lease if I can get them to sell it below the lease residual value. Any comments and advice would be greatly appreciated. I love the car. Replies to this message: qbrozen (Apr 13, 2007 8:45 am) hardhawk (Apr 13, 2007 10:38 am) jharwood (Sep 23, 2009 5:52 pm)
#39 of 51 Re: Residual on Upcoming Lease End [hardhawk] by qbrozen Apr 13, 2007 (8:45 am)
Replying to: hardhawk (Apr 12, 2007 1:08 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. Replies to this message: hardhawk (Apr 13, 2007 10:38 am) jharwood (Sep 23, 2009 5:52 pm)
#40 of 51 Re: Residual on Upcoming Lease End [qbrozen] by hardhawk Apr 13, 2007 (10:38 am)
Replying to: qbrozen (Apr 13, 2007 8:45 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. Replies to this message: jharwood (Sep 23, 2009 5:52 pm)
#41 of 51 DODGE MAGNUM SXT AWD by hezdope07 Jul 20, 2007 (3:41 am)
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 Replies to this message: hezdope07 (Jul 20, 2007 6:15 pm) Car_man (Aug 28, 2007 2:21 am)
#42 of 51 Re: DODGE MAGNUM SXT AWD [hezdope07] by hezdope07 Jul 20, 2007 (6:15 pm)
Replying to: hezdope07 (Jul 20, 2007 3:41 am) hurrryy somebody answer my question im in need of help !! lol
#43 of 51 Re: Dodge Magnum: Lease Questions [Car_man] by davmagnum Aug 15, 2007 (11:44 am)
Replying to: Car_man (Aug 31, 2005 2:52 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? Replies to this message: kyfdx (Aug 15, 2007 11:52 am)
#44 of 51 Re: Dodge Magnum: Lease Questions [davmagnum] by kyfdx HOST Aug 15, 2007 (11:52 am)
Replying to: davmagnum (Aug 15, 2007 11:44 am) 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 51 Re: DODGE MAGNUM SXT AWD [hezdope07] by Car_man HOST Aug 28, 2007 (2:21 am)
Replying to: hezdope07 (Jul 20, 2007 3:41 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 Host Prices Paid: Buying & Leasing Experiences Forum
#46 of 51 Current Lease Rates by ddelise Nov 09, 2007 (3:22 am)
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

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