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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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Replying to: mandrake2 (Feb 06, 2008 2:21 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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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?
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Replying to: lewielew (Feb 24, 2008 5:40 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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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.
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Replying to: wolfews6 (Apr 14, 2008 6:21 am) 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
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Replying to: wolfews6 (Apr 15, 2008 4:18 am) This was specifically on the R package car with the $491 pymt
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Replying to: wolfews6 (Apr 15, 2008 7:58 am) Are these to high. I think they seem expensive. |
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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
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Replying to: Car_man (Feb 20, 2008 2:55 am) 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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Replying to: chrisaz (May 05, 2008 8:21 pm) The money factor is actually a range and the dealer can decide how much to charge. I do not know what the range is (i.e. highest and lowest possible money factors) but it can vary up to about 4% as an APR. Of course to get an approximate APR multiply the money factor by 2,400. I ened up with a 1 pay lease which dropped the money factor from about 4% apr to 2%. The original money factor quote from my dealer was higher than 4% and the dealer was only making ~$200 on the 4% , therefore I think the 4% is the bottom on a 27 month lease. If you do a search on cars.com these are listed link title and the money factor is much higher than my dealer charger. My advice to you is to NOT lease an SRT8. Once you go to the dealer you will find out it is NOT the cheapest and it will not change your payment by much rather than purchasing. There are a lot of low mileage (under 5k) used SRT8's that have already paid the gas guzzler tax and are about $35k fully loaded. With gas at $4 a gallon some people are looking to unload their gas guzzlers "cheap"I would look used and find your own financing. Car loans are under 5% now at most credit unions. |
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