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Dodge Charger Lease Questions

92 messages,  Last post on Mar 30, 2009 at 2:29 AM

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

What is this discussion about? Dodge Charger, Dodge Charger SRT-8, Car Leasing, Sedan


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#53 of 92
Re: Charger SRT-8 Money Factor [Car_man] by kmouradian
Jul 09, 2007 (7:05 pm)
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Replying to: Car_man (Jun 07, 2007 2:12 am)

Car_man,
 
Looks like the money factors are still high on the Chargers for June.
 
I see that Chrysler took the rebates away for the SRT vehicles. Does this mean they have decreased the MF for July?
 
Also, am considering leasing a plain Charger R/T instead. Looks like $4500 in rebates if I take advantage of lease loyalty. What are the MF and residuals for the standard R/T in July? 15k/yr and either 36 or 39 month. Whichever is most advantageous. For the Southeast, btw.
 
Thanks!
#54 of 92
Re: Dodge Charger: Lease Questions [nathans2] by Car_man HOST
Jul 17, 2007 (2:09 am)
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Replying to: nathans2 (Jun 17, 2007 6:50 pm)

Hi nathans2. This car's lease payment will depend upon what sort of selling price you are able to negotiate on it. I would be happy to use Chrysler Financial's current lease program to estimate what your payment would be on it right now, but in order for me to do so I need you to provide me with its approximate selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. It is difficult to tell how good a deal you are getting on a leased vehicle without knowing what this number is. Let me know and I'll do some calculations for you.
 
Car_man
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#55 of 92
Re: Charger Residual Money Factor [retrorotor] by Car_man HOST
Jul 17, 2007 (2:23 am)
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Replying to: retrorotor (Jul 05, 2007 8:49 am)

Hi retrorotor. Chrysler Financial's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Dodge Charger R/T with 12,000 miles per year in its Northeast region are .00137 and 55%, respectively. The numbers for an otherwise identical 36 month lease are .00243 and 49%.
 
Car_man
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#56 of 92
Re: 2007 Dodge Charger R/T Lease numbers? [johndob] by Car_man HOST
Jul 17, 2007 (2:39 am)
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Replying to: johndob (Jul 07, 2007 6:01 pm)

Hi John. I haven't seen this car's 27 month lease program, but I have seen its 24 month program. If you were to lease a 2007 Dodge Charger R/T through Chrysler Financial right now in its Great Lakes region for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00137 and 54%, respectively.
 
Car_man
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#57 of 92
Re: Charger SRT-8 Money Factor [kmouradian] by Car_man HOST
Jul 17, 2007 (2:44 am)
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Replying to: kmouradian (Jul 09, 2007 7:05 pm)

Hi kmouradian. Chrysler Financial's lease program for this car vary by region. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Dodge Charger R/T 2WD with 15,000 miles per year in its Southeast region are .00322 and 47%, respectively. The money factor would be the same for a 39 month lease, but its residual value would be 46%.
 
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#58 of 92
2007 Dodge Charger R/T Lease for South Florida by naydencho
Sep 27, 2007 (3:20 pm)
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Hello,
Can someone, please, tell me what the residual value for a 2007 RT would be on a 36 mo lease, 12K miles in South Florida? Also, would the number be any different for a 2008 Charger, same conditions?
 
Thanks in advance!
 
Nayden
#59 of 92
Residual and money factor on a 2008 charger by aaronlucy
Dec 09, 2007 (11:28 pm)
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Where can I find out the residual value and money factor for a 2008 charger r/t in s.california?
Is the money factor negotiable in any way? Is it set by the lease company and if so can the dealer inflate it and profit from the difference?
 
Thanks
#60 of 92
Re: Residual and money factor on a 2008 charger [aaronlucy] by Car_man HOST
Dec 21, 2007 (3:02 am)
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Replying to: aaronlucy (Dec 09, 2007 11:28 pm)

Greetings aaronlucy. Here is the information that you are looking for. This car's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Dodge Charger R/T 2WD with 15,000 miles per year are .00208 and 50%, respectively. Dealers are not allowed to lower banks' published residual values, but they are often allowed to mark them up to add additional hidden back-end profit to deals.
 
When negotiating your lease on this car, make sure to take advantage of the $3,000 lease cash that Chrysler is currently providing on it. This cash will help you to negotiate an attractive capitalized cost for your lease.
 
Car_man
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#61 of 92
Looking at the 08 Charger SXT by mike513
Jan 01, 2008 (8:03 pm)
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Well I thought I had my mind all made up with a recent quote on an '08 Accord LX-P for $269/month for 36months/12k/yr with only $696 down. Factoring in the downpayment, that's about $288/month.
 
I'm wondering if I can get the new Charger for anywhere near that. I'm located in MA if that helps.
 
I did some of my homework. I know the '08 Charger SXT with "G" package MSRP is $26,360($25,685 + destination of $675).
 
Minus the $2,000 incentive brings me down to $24,360. Invoice on the car is $23,867 or $24,542 with the destination charge added.
 
I'd like to do a 36 month lease with 10,500 mi/month.
 
Can anyone provide me with the money factor and residual value based on these figures? I am using the lease calculator at www.leaseguide.com although it doesn't seem to put out the same numbers as the dealers I've talked to.
 
Does anyone recommend a different lease calculator? Thanks for your time!
#62 of 92
Re: Looking at the 08 Charger SXT [mike513] by Car_man HOST
Jan 16, 2008 (3:51 am)
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Replying to: mike513 (Jan 01, 2008 8:03 pm)

Hi mike513. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Dodge Charger SXT 2WD with 10,500 miles per year are .00118 and 51%, respectively.
 
Edmunds.com has a calculator that you can use to calculate your vehicle's payment: Edmunds.com Lease Calculator. Also, you can always use the formula that is outlined in the following article to calculate your monthly payment manually: Calculate Your Own Lease Payment.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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