Last post on Jan 16, 2008 at 2:15 AM
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Chrysler PT Cruiser, Sedan, Wagon
#59 of 68 Re: Chrysler PT Cruiser: Lease Questions [Car_man]
Jul 13, 2006 (5:27 pm)
Hi Car Man
I leased a 03 cruiser on 5/17/03 & exp. in 07 with max of 46000 miles at the end of the lease. It was my first car purchase. Here is the brake down.
gross cap reduction $18702.00
amount due at lease $4030.70/paid $1530.70 & 2500.00 rebate
monthly payments $245.61
I have paid 39 payments of 48.I received from the dealer a letter that in Aug. 23 I can bring the car in & they pay 3 months of payment for a new lease. Would it be a good idea to do a purchase option that my agreement says for $7235.20 plus tax or fees plus processing fee of $150.00? Also can I negotiate the price and fees? Or should I wait for the lease to finsh and give the car back and make a new car purchase.
Info for new lease
Should I always put the least amount of money down & pay a higher monthly payment?
#60 of 68 Re: Chrysler PT Cruiser: Lease Questions [gio4]
Jul 31, 2006 (1:59 am)
Hi Gio. If you are interested in purchasing your leased PT Cruiser you absolutely should try to negotiate its price. There certainly is no guarantee that Chrysler Financial, or whichever bank you are leasing it through, will be willing to work with you, more often than not they won't, but it's worth a shot. You don't have anything to lose. Whether you should buy your vehicle at lease-end or not depends upon how much you like it and what your purchase option price is like compared to its real world value.
It is always in your best interest not to make a down payment when leasing. I say this because consumers who make down payments on leased vehicles rick losing them if their vehicles are totaled in an accident or stolen and never recovered.
Prices Paid Forum
#61 of 68 2007 PT Cruiser Money Factor?
Jun 14, 2007 (11:47 am)
I'm looking at possibly leasing a 2007 PT Cruiser Limited Edition or 2007 PT Cruiser GT and would be very grateful for any help you can provide. Do you know the base rate money factor for either or both of these vehicles?
#62 of 68 Re: 2007 PT Cruiser Money Factor? [phys14]
Jul 17, 2007 (1:38 am)
I'd be happy to help you out, phys14. This vehicle'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. Its lease program also varies by region. For now I will assume that you are in the Northeastern U.S. Let me know if you want something different or are in a different area. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Chrysler PT Cruiser Sedan GT with 15,000 miles per year in its Northeast region are .00162 and 40%, respectively.
When negotiating your lease on this vehicle, make sure to take advantage of the $1,500 lease cash and $500 bonus cash that are currently available on it. They will help you to negotiate an attractive capitalized cost for your lease.
Prices Paid Forum
#63 of 68 Re: 2007 PT Cruiser Money Factor? [Car_man]
Aug 01, 2007 (4:32 pm)
Hey Car_Man -
I have never leased before and was thinking about going with a PT Crusier, as their leases are seemingly affordable. I woud like to stay under $200 / month if at all possible.
I am in the Los Angeles area and here is what I am being offered:
$215 / month including tax
10,500 miles / year
$220 / month incl tax
12,000 miles / year
Residual for 12K miles is $7,131 (42%)
Do you think that there is any way of getting a better deal? Again, I know nothing about this at all, never done it before, but I am ready to haggle with the dealer.
Thanks so much!
#64 of 68 Re: 2007 PT Cruiser Money Factor? [rchilders]
Aug 28, 2007 (1:28 am)
Welcome Rebecca. Since you have never leased before, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
I don't know what sort of monthly payment a PT Cruiser would have off of the top of my head. It will really depend upon how the model that you are interested in is equipped and how good a selling price you are able to negotiate on it. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Decide exactly which PT Cruiser you want and then look up its dealer invoice price here at Edmunds.com by visiting the following section of this site: New Vehicle Pricing.
Once you know what the invoice price is for the exact vehicle that you want, subtract the $1,500 lease cash and $500 bonus cash ($2,000 total) that Chrysler is providing on it from that. Then add back a few hundred dollars for dealer profit (this low a price should be attainable in a competitive market like California) and you have your offer. Have the dealer use the price that you come up with as the capitalized cost for your lease.
Prices Paid: Buying & Leasing Experiences Forum
#65 of 68 Re: 2007 PT Cruiser Money Factor? [rchilders]
Dec 10, 2007 (1:16 am)
As far as I know, if you repair your leased vehicle and they put the aftermarket parts on it, it is technically in not the same condition when your lease is up. This might cost you your downpayment.
#66 of 68 Request for PT Cruiser Lease Info
Dec 23, 2007 (8:49 pm)
Hey Car_man and/or kyfdx,
Do you have any info on a PT Cruiser Limited, 15K miles, 36-39 months (residual, money factor) in Texas? While I don't personally care for these cars, my hubby is enamored with them and is interested in one.
Thanks in advance for any info you can provide. Merry Christmas!
#67 of 68 Re: Request for PT Cruiser Lease Info [chigirlintexas]
Dec 30, 2007 (11:07 am)
Never mind on this request, Car_man. After making a futile attempt with the dealership to get a decent deal on this car, we went to the Honda dealership and leased a Civic Si sedanl
You would think that, with these vehicles (PT Cruisers) not moving very well (at least they aren't here), they would be willing to negotiate more to make a sale. Maybe we just encountered a bad dealership (this one, Huffhines in Plano, is definitely not recommended!), but we got much more of a deal and negotiating off MSRP from the Honda dealership, which was a surprise.
I'll post my Honda deal in that forum and give a rating to the Honda dealership, David McDavid in Frisco, TX.
#68 of 68 Re: Request for PT Cruiser Lease Info [chigirlintexas]
Jan 16, 2008 (2:15 am)
Hey ChiGirl. Good choice in vehicles. I like the Civic Si. It definitely will be a lot more fin to drive around in than the PT Cruiser would have been, Thanks for offering to share the details of your deal and rate the dealership. Enjoy your new ride !
Prices Paid: Buying & Leasing Experiences Forum