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Prices Paid: Buying & Leasing Experiences 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
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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 |
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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
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Replying to: aaronlucy (Dec 09, 2007 11:28 pm) 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 Host Prices Paid: Buying & Leasing Experiences Forum |
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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!
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Replying to: mike513 (Jan 01, 2008 8:03 pm) 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 Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Jan 16, 2008 3:51 am) I'm a regular reader of your posts, but now a new member to this great Forum. As a follow-up to the 08 Charger SXT lease question, I wanted to inquire about an R/T. How does this deal rate with the following factors: 39 month term 10,500 miles per year 52% residual value .00311 money factor $3000 rebate $500 down $31,430 MSRP $29,100 Selling Price $447.63 Total Monthly Payment (tax included  7.75%) What are the current money factors for the R/T and/or the Daytona R/T? Thanks, I appreciate your input and look forward to future posts. OCcarbuff
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Chrysler just came out with a new lease for the Dodge Charger "SE Plus". They list the payment as 24 months $129/month with 10,500 miles per year. this statement is embedded in the lease terms:- "The Lease payments below are before any fees/taxes and include no more than $1999 due- at-signing (down payment plus 1st month payment)." What does it mean and what is the residual and money factor...?? This is in Michigan.
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When I lease a vehicle in Michigan, the dealership (TAMAROFF), charges me a "RED TAX". This is the tax on whatever rebate Chrysler gives on the vehicle. example: MSRP = $34,000 Dealer rebates = $3000 RED TAX = $180.00 (Michigan sales tax is 6%) Is this legal in michigan ...????
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Replying to: mandrake2 (Feb 06, 2008 4:17 pm) In general, factory rebates, or any other downpayment, paid upfront on a lease (or purchase) is taxable. regards, kyfdx Host-Prices Paid Forums |
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