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Dodge Charger: Lease Questions

124 messages,  Last post on Mar 11, 2013 at 4:07 PM

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What is this discussion about? Dodge Charger, Dodge Charger SRT-8, Car Leasing, Sedan

    

Messages Page 3 of 13

#21 of 124 Outrageous lease quote! by kem_7

Aug 17, 2006 (6:44 pm)

OK, I'm a little confused here. I went to a Dodge dealer tonight to get a quote for a lease on a 2006 Charger R/T. I have a Saturn Vue that still has ~$1400 in lease payments left. DCX is currently offering Employee Pricing on Chargers, and the one I was looking at would come out to a base price of $28,000 with Employee Pricing. OK, I'm fine with that....here's what I don't get. The dealer came back with a quote of $900 down and $650/month!!!! This is before any credit checks / financing issues / etc....is it just me or does that seem a tad HIGH??? Even if you roll in the remaining lease payments, that would put my base at like $30k....since when does any $30k car come out with a LEASE price of $650/month?? This was the 27/27 term. I just don't get it. And this is for an '06 model when they've got a lot FULL of 06's and 2007's coming off the trucks already. Um, HELLO?? Anyone have any idea how I can get a Charger that's actually REASONABLE?? For $650/month, I'm gonna walk down the street to the BMW dealer and park myself in a 7-series! Anyway...any advice would be helpful. Thanks!

#22 of 124 Re: August Lease Numbers for 2006 Charger R/T [andre1] by Car_man HOST

Aug 23, 2006 (4:32 am)

Replying to: andre1 (Aug 08, 2006 12:27 pm)
Here you go, andre1. DaimlerChrysler seems to be pushing two year leases of this car right now. Chrysler Financial's current buy rate lease money factor and residual value for a 24 month lease of a 2006 Dodge Charger R/T, cool vehicle btw, with 15,000 miles per year are .00214 and 58%, respectively. This car's 36 month numbers are .00341 and 49%. If you were to lease it with only 12,000 miles per year, its 24 month residual value would be 1% higher and its 36 month residual value would be 2% higher. DaimlerChrysler is not providing any cash incentives on the '06 Charger this month, other than the ability to purchase it through its Employee Purchase Program.
 
Car_man
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#23 of 124 Re: Outrageous lease quote! [kem_7] by Car_man HOST

Aug 23, 2006 (4:56 am)

Replying to: kem_7 (Aug 17, 2006 6:44 pm)
Hi kem_7. You're right, that lease payment does sound pretty high. I would be happy to use Chrysler Financial's actual lease program to tell you what your lease payment should be on this car, but in order for me to do so I need you to provide me with its full MSRP and selling price. Let me know and I'll crunch some numbers for you.
 
Car_man
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#24 of 124 check my calculations please by surge1

Aug 28, 2006 (7:28 am)

Car_man,
by using your figures for August on a 36 month lease, I came up w/ the following for the Charger R/T base:
MSRP: $30705
Employee pricing: $27881
Residual: $15045
Tax In NY state: %8.375
Lease payments w/ $0 down: $442.01/month.
 
does this sound about right to you? Also, do you know if NY state requires you to pay taxes on the whole car, or just the lease payments?
Thank you.

#25 of 124 Re: check my calculations please [surge1] by carlaw1

Aug 30, 2006 (11:36 pm)

Replying to: surge1 (Aug 28, 2006 7:28 am)
Also, Car_man,
 
Would it be possible to calculate a 24 month and 36 month, 15k year, 0 down, for a Charger SRT-8 with an employee price of 38,806?
 
Like others, I am comparing this car against the CTS-V, which seems to lease at a better rate. More expensive car, but similar lease payments. Is this correct?
 
Thanks in advance for the assistance.

#26 of 124 Re: August Lease Numbers for 2006 Charger R/T [andre1] by cicco

Sep 03, 2006 (1:31 pm)

Replying to: andre1 (Aug 08, 2006 12:27 pm)
I just leased a charger r/t on 8/31. Got a pretty good deal I think. Deal is as follows: 27 months/15k per year. $398 per month with $3000 down. The car sticker is 33k even. I got employee price minus $1000. Plus $1000 rebate for an aged vehicle (car was on the lot since March). Residual was 57%. Interest rate was around 5%. Watch out for the $425 turn in fee on the back end of the lease if they go through Diamler. I got the dealer to absorb it since they did not disclose it up front. Good luck to all new charger owners. I love mine so far.

#27 of 124 Re: check my calculations please [surge1] by Car_man HOST

Sep 20, 2006 (3:05 am)

Replying to: surge1 (Aug 28, 2006 7:28 am)
Hi surge1. I just worked up a sample lease payment using Chrysler Financial's new September lease program (.00225 / 47%) and here's what I came up with. According to my calculations, if you were to lease a 2006 Dodge Charger R/T with an MSRP of $30,705 and a selling price of $27,881 through Chrysler Financial right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $469. With only 12,000 miles per year, the payment for an otherwise identical lease would drop to around $454.
 
I'm not sure how New York calculates sales tax on leased vehicles, but you may be able to find out by visiting one of the following sites: New York State Department of Motor Vehicles Internet Office or New York State Department of Taxation and Finance.
 
Car_man
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#28 of 124 Re: check my calculations please [carlaw1] by Car_man HOST

Sep 20, 2006 (3:07 am)

Replying to: carlaw1 (Aug 30, 2006 11:36 pm)
I'd be happy to work up a lease payment for you, carlaw1. However, in addition to the selling price that you have already mentioned, I also need you to provide me with this car's MSRP in order to do so. Let me know and I'll crunch some numbers.
 
Car_man
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Prices Paid Forum

#29 of 124 Re: August Lease Numbers for 2006 Charger R/T [cicco] by Car_man HOST

Sep 20, 2006 (3:07 am)

Replying to: cicco (Sep 03, 2006 1:31 pm)
Congratulations on your new Charger, cicco. It's a neat vehicle. Enjoy!
 
Car_man
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Prices Paid Forum

#30 of 124 Lease Numbers for 2006 Charger by andre1

Oct 03, 2006 (8:34 am)

Car_Man,
   Please provide the October lease numbers (money factor, residual) for the 2006 Charger R/T and SRT models. Please provide these numbers for 24 and 36 months for 12K and 15K miles per year. Also, does the $2000 lease cash still apply for October. Thanks!

Messages Page 3 of 13

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