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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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#68 of 92
Re: Looking at the 08 Charger SXT [occarbuff] by Car_man HOST
Feb 20, 2008 (2:46 am)
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Replying to: occarbuff (Jan 21, 2008 12:02 pm)

Welcome OCcarbuff. I'm glad to hear that you read the forums so much. The money factor that you were quoted for the Charger R/T that you are interested in is way too high, unless you're talking about the SRT-8 version of the Charger. Chrysler Financial's current buy rate lease money factor and residual value for a 39 month lease of a 2008 Dodge Charger R/T 2WD with 10,500 miles per year are .00253 and 51%, respectively. This car's 36 month numbers look a little better at .00189 and 52%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#69 of 92
Re: Dodge Charger lease [mandrake2] by Car_man HOST
Feb 20, 2008 (2:55 am)
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Replying to: mandrake2 (Feb 06, 2008 2:21 pm)

Greetings mandrake2. According to the latest information that I have seen, Chrysler Financial's lease program for the Dodge Charger is nothing to get excited about. Its current buy rate lease money factor and residual value for a 24 month lease of a 2008 Dodge Charger SE with 10,500 miles per year are .00323 and 61%, respectively. If you really want to lease a Charger, the best way to get a good deal is to look up the dealer invoice price for the exact model that you want in the New Vehicle Pricing section of Edmunds.com, subtract the $3,000 lease cash that is currently available on it, add a few hundred dollars back for the dealer, and see if you can find a dealer to lease you the car that you want at that price.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#70 of 92
Monthly payments by lewielew
Feb 24, 2008 (5:40 pm)
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Can you give me approx LEASE payments for the following cars below. Is it advantageous to go longer term or short?
 
48 mo- 15k year
 
 2008 Dodge Charger SXT,
 
msrp 26385.00, invoice 24,545, new car book 25,540
 
2000 lease money back that i'll use for down payment.
  
Where can I find out what cars are in high demand?
  
In your opinion what should I pay for each?
#71 of 92
Re: Monthly payments [lewielew] by Car_man HOST
Apr 09, 2008 (1:20 am)
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Replying to: lewielew (Feb 24, 2008 5:40 pm)

Hi lewielew. Let's work up a sample lease payment on this car and see what we come up with. According to my calculations, if you were to lease a 2008 Dodge Charger SXT that has an MSRP of $26,385 and a selling price of $23,045 ($500 over invoice minus the $2,000 cash incentive) through Chrysler Financial right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $338. I worked up a 3 year lease for you because Chrysler is not currently providing much in the way of support on 4 year leases of this model right now. The 36 month term is a better deal.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#72 of 92
April Lease Rate by wolfews6
Apr 14, 2008 (6:21 am)
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My local paper (NW Ohio) has a 2008 Charger SE plus pkg for $109/ mo for 10,500 mi/yr and 24 mo. This is with $1998 down (includes first months pymt) and also includes employee discount and lease loyalty.
 
Does anyone know the 24 month residuals values for the SE plus, the R/T and the AWD R/T? It would also be helpful to know the money factor for each.
 
With the SE Plus I estimate that a $0 down sign and drive lease including taxes would be about $220.
 
I would like to lease an AWD RT, but depending on the residual and money factor it could be $400+ a month.
 
I plan to contact the dealer in the next couple of days. If I know the residual and money factors on these cars I will know if they are trying to rip me off on the R/T since I really do not want the smaller engine.
#73 of 92
Re: April Lease Rate [wolfews6] by wolfews6
Apr 15, 2008 (4:18 am)
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Replying to: wolfews6 (Apr 14, 2008 6:21 am)

I was quoted $419 a month $0 down for an AWD R/T with moonroof 10.5k/yr 27 mo. This included lease loyalty and employee discount. MSRP $34,730
 
I was also quoted $491/mo $0 down on a R/T R. Pkg that had HID's, NAV, Blue tooth, moonroof this was 10.5k/yr 27 mo. This included lease loyalty and employee discount. MSRP $39,855
#74 of 92
Re: April Lease Rate [wolfews6] by wolfews6
Apr 15, 2008 (7:58 am)
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Replying to: wolfews6 (Apr 15, 2008 4:18 am)

Charger R/T has a 57% residual and a .00199 money factor. This is what my dealer just quoted for a 27month 10,500 mi/yr lease.
 
This was specifically on the R package car with the $491 pymt
#75 of 92
Re: April Lease Rate [wolfews6] by wolfews6
Apr 19, 2008 (10:40 am)
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Replying to: wolfews6 (Apr 15, 2008 7:58 am)

How do these figures compare to what others are acheiving.
 
Are these to high. I think they seem expensive.
#76 of 92
SRT-8 MF and Residuals by chrisaz
May 05, 2008 (8:21 pm)
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Great Forum - thanks so much!!!
 
Can you provide the money factor and residuals for a 2008 SRT-8? I'm looking at 36 months (or possibly shorter) and 15k miles per year. I'm in Phoenix AZ
 
Thanks again
#77 of 92
Re: Dodge Charger lease [Car_man] by mandrake2
May 06, 2008 (10:10 pm)
Reply

Replying to: Car_man (Feb 20, 2008 2:55 am)

Thanks Car_man, and sorry for the delay.
I managed to snag a Charger SE Plus for $500 out of pocket, which includes the first month's rental, The lease is for 27 months, 10,500 miles/year and a payment including taxes of $218.00 a month.
Car performs well, but seems a little heavy on gas compared to the Crossfire (not much of a comparison).

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