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Prices Paid: Buying & Leasing Experiences Dodge Charger Lease Questions
90 messages, Last post on Jun 02, 2008 at 3:36 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Car_man (Feb 20, 2008 3:55 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 9:21 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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Replying to: chrisaz (May 05, 2008 9:21 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: mandrake2 (May 06, 2008 11:10 pm)  . Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Hello, Looking through this thread, it looks like the Charger RT money factor and residual were .00189 and 52% back in February for a 36 month lease with 10,500 miles per year. Have these numbers changed at all? I am in Central FL and thinking about working out a deal for an RT this month. Thanks!! |
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Replying to: Car_man (May 12, 2008 2:51 am) I am looking at a pretty well optioned 2008 R/T AWD. Do you have residuals and money factors for a 36 month/12,000 mile lease? Also, what do you think of the $2.99 gas offer on a vehicle such as this vs. rebates, which I think are $3,000-$4,000 right now? Thanks!
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Hi guys- I'm new to the forum, it's a great site! I’ve admired the Charger since it came out, and I think I’m ready to pull the trigger on one. Here is the lease deal I was offered: 2008 Dodge Charger RT AWD Black/Dark Slate Fully loaded - Package 29P, DVD-My Gig, rear seat entertain, HID, sunroof, basically the whole shebang. MSRP: $40,345 Selling Price: $38,253 less $3,000 from Dodge Final selling price: $35,253 36 months 51% resid .00206 money factor Down payment: $2500 Out the door payment, including 8.39% NY tax, all dealer fees, DMV fees, tire waste fees, etc. = $544.00 per month. Off hand it seems pretty good, but I would like to get another $700 off which would get it down to $525 Any thoughts?
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Replying to: sammin (May 22, 2008 10:31 am) How many miles a year is your lease? You will be paying almost $600/ mo to lease this Charger. You might be able to lease an SRT8 for that price. My car stickered for $37,875 R/T with R pkg, moonroof and P pkg. My 27 month lease is significantly lower, but I also qualified for lease loyalty an EP pricing.
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Replying to: wolfews6 (May 22, 2008 12:22 pm) This website keeps messing with the link so just go to the chargerforums in the cars for sale section to see what I am referring to |
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Replying to: sammin (May 22, 2008 10:31 am) There aren't too many people willing to buy fully loaded V-8's right now from what I've seen. 
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