382 messages,
Last post on May 09, 2013 at 3:38 AM
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Chrysler Town & Country/Dodge Grand Caravan Forum.
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Chrysler Town and Country, Car Leasing, Van
#340 of 382 Re: Good deal? [jensen3]
by tolcorp
May 25, 2011 (8:57 pm)
Acquisition fee was $895
So apparently this was through hans financials that had a $450 deposition fee at the end of the lease. I went with Ally financials without hte deposition fee and paid $10 more /mos. It came out to $438
#341 of 382 Re: Good deal? [tolcorp]
by fleon
May 25, 2011 (9:21 pm)
Hi Jensen3,
The acquisition fees for Ally 795 and disposal fee 0 on all GM vehicle. I think Chrysler are same. Us bank normally charge 395 for disposition fee. The residual % with Ally bank may be a point lower that's why payment higher and us bank may be 1% higher. If you have a IPhone you can figures this lease by download app BuyLease. GM sales person
#342 of 382 Re: Good deal? [fleon]
by kyfdx HOST
May 26, 2011 (4:23 am)
Just be careful... while no disposition fee, Ally has been adding a $2500 purchase option fee to their leases....
That's right.... If you want to buy the car at lease end, they charge an extra $2500 over the residual.
#343 of 382 Re: Good deal? [kyfdx]
by boomer15
May 26, 2011 (4:31 am)
"That's right.... If you want to buy the car at lease end, they charge an extra $2500 over the residual." Is that even legal? I need to check my agreement.
#344 of 382 Re: Good deal? [boomer15]
by boomer15
May 26, 2011 (4:54 am)
Just checked my agreement. There is an early end penalty of up to several thousand dollars but that is typical. Just the residual payment to buy out plus taxes and fees and fees are not defined within the agreement. I don't think they can charge at lease end if you opt to buy. Just my opinion. That would be unethical.
#345 of 382 Re: Good deal? [boomer15]
by jensen3
May 26, 2011 (7:44 am)
I'd totally sacrafice 1 screen, but they don't offer 1 screen on the Touring-L.
I don't even want the "L" because I don't really care for the leather, but I do like the window screens and autostart and back-up camera which come standard on the "L", but are options on the regular Touring. So, by the time you add those options, you are paying for the "L" anyway.
I honestly feel like I'm getting hosed on this deal!!!
#346 of 382 Re: Good deal? [fleon]
by jensen3
May 26, 2011 (7:50 am)
Thanks for that info. Someone also quoted me Chrysler Protection on my lease for $795... what's that?
#347 of 382 Re: Good deal? [boomer15]
by kyfdx HOST
May 26, 2011 (9:39 am)
If it's not in your contract, then of course you don't have it..
But, we've seen reports over the last 15 months of plenty of Ally leases for GMs and Chryslers with the $2500 purchase option clause...
Not sure exactly which divisions get that, or if it was a test program... It never really made much sense.
#348 of 382 Calculate a lease payment
by fabbymj
May 28, 2011 (7:53 am)
can some one kindly help me out? I am trying to figure out how much a lease pmt. would be for a 2011 Chrysler town & country touring L
Purchase price-$29309 after negotiating MSRP and including $3,000. in rebates and incentives
No money down
$2,200. out of pocket for taxes and fees...NY resident
36 month lease with 15K
Residual 47%
money factor 0.032
Dealer says he can do it for $424. per month
I am also trying to negotiate for the dealer to make my last 2 pmts. on my current lease.
does this sound like a good deal?
#349 of 382 Re: Calculate a lease payment [fabbymj]
by jensen3
May 29, 2011 (9:19 pm)
What is the MSRP on that van? Did they tell you that $29,309 is your capitalized cost... or just your purchase price? Capitalized cost will include any fees that you are financing.
In order to figure your lease payment, you need four things...
1) MSRP
2) Capitalized Cost
3) Residual
4) Money Factor (or APR)