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Dodge Durango Lease Questions

46 messages,  Last post on Sep 16, 2007 at 6:21 PM

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

What is this discussion about? Dodge Durango, Car Leasing, SUV


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#43 of 46
What Has Changed? by ahrmless
Jul 28, 2007 (6:18 am)
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Currently coming out of a 3 year lease on a Dodge Durango 2004. It is a 2WD limited with all the bells and whistles. Paid $1500 down at lease signing. Lease payment with taxes was $450. To get the identical Durango in a 2007 the lease price went up to $630. I have stellar credit and never missed a payment. Over a three year lease this is an out of pocket increase of over $6400! Either Dodge has gone crazy with prices - or inflation is different at Chrysler - or the vehicle has a much higher depreciation than it did three years ago.
#44 of 46
Re: What Has Changed? [ahrmless] by hardhawk
Jul 31, 2007 (4:45 pm)
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Replying to: ahrmless (Jul 28, 2007 6:18 am)

The residuals have tanked and that is why these are so expensive to lease now. It is crazy. New incentives and lease rates should be out tomorrow. Maybe things will get better on the cash back for returning lessee front.
#45 of 46
Re: What Has Changed? [ahrmless] by tnman1
Aug 01, 2007 (7:11 am)
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Replying to: ahrmless (Jul 28, 2007 6:18 am)

Check out the Aspen. Residual is higher, money factor is good, and incentives are getting better. Went from a Durango into an Aspen and there are some notable differences and some that are very similar. Got ours in cognac which is described as brownish/red by some and is a nice color. Overall, a much nicer vehicle that is priced reasonably.
#46 of 46
Re: Dodge Durango: 2007 Limited by rsedajr
Sep 16, 2007 (6:21 pm)
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Replying to: Car_man (Sep 07, 2005 3:13 am)

This is my deal, 2007 dodge durango limited with sunroof, running boards, leather, etc. MSRP $36K plus $1800 in dealer addons, for a total start price of $37,800. Dealer is giving me a $2K cash back on my trade in, and providing zero interest for 72 months at $425/month. Financed amount $30,600.
 
Is this a good deal? Or should I push for a $30K less the $2K in equity? Last one on lot.

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