Dodge Caliber: Lease Questions

35 messages,  Last post on Feb 20, 2008 at 3:39 AM

You are in the Dodge Caliber Forum.

What is this discussion about? Dodge Caliber, Dodge Caliber SRT-4, Car Leasing, Car Buying

    

#21 of 35 Newbloke by newbloke

Dec 22, 2007 (2:45 am)

Hi I'm from Australia and we have only recently received the Caliber over here.I love the way they look and will be taking one for a test drive in January. I am looking at buying one in the new year and have been hunting for details on the current models. I'm looking to buy a 2.4 manual and the only way they are sold over here is in the R/T. I have been checking out the dealer sites and most of them dont even list the 2.4. Yours is the only forum I've found and most of the comments seem to be ealier models. Do you have any comments on the 2007/2008 models that I am missing in my hamfisted computer ignorance? or links to other forums with more details?
 Thanks for your time, Newbloke

#22 of 35 Re: Newbloke [newbloke] by bigtsr

Dec 22, 2007 (8:56 am)

Replying to: newbloke (Dec 22, 2007 2:45 am)
Welcome to the forum Newbloke.
I can only refer to what's available in North America
and the RT is only availiable with the 2.4L here.
It does come with FWD/5speed or AWD/CVT(auto)
and has no option for either the 1.8L or 2.0L petrol
engines.
I believe from posts on other Caliber forums that you
can option the 2.0LCRD deisel in Australia which is
not a NA option.
Do a google for Caliberforums(z) and you will find other Aussies
who own Calibers already.

#23 of 35 Re: Newbloke [bigtsr] by newbloke

Dec 23, 2007 (3:12 am)

Replying to: bigtsr (Dec 22, 2007 8:56 am)
Thanks bigstr

#24 of 35 Good Deal or Not? by equuspwr

Jan 06, 2008 (8:47 am)

Car Man or anyone, I wonder if you can help me? First I would like to know how you figure out the risidual value and how you use it, and how do you figure out the "money factor" and how it is used. It may be a little too late to ask these questions because I already put a down payment on a car, but I have 2 days to back out. Can you tell me if I made a good deal? I leased a 2008 Dodge SXT 2.0L engine. Sticker price is $18,850.00 total. The salesman said he was charging me $16,252.00 for the car. I put $1,500.00 down, and $219 a month for 36 months and 12,000 Miles a year. The salesman said that I didn't need Gap insurance because it is built into the lease, (Chrysler takes care of it), and it is an open end lease, but no matter what happens I will not owe any money when I turn the car in. I live in Long Island NY 11590. Does any of this make sense, and did I get a good deal?
PS. My tax rate is 8.625%.

#25 of 35 Good Deal or Not? by equuspwr

Jan 07, 2008 (12:48 pm)

How long does it take to get a reply to a post? I ask this as a factual question, not in a sarcastic manor. I am asking because I am stalling picking up the car until I get a reply, but I can't stall for too long, and I want the car. I will wait until wednesday and then go ahead with the deal anyway.
PS. When I mentioned my Tax rate in the prior post, that was the local area sales tax, not the rate on the loan.

#26 of 35 Re: Good Deal or Not? [equuspwr] by bigtsr

Jan 07, 2008 (2:32 pm)

Replying to: equuspwr (Jan 07, 2008 12:48 pm)
Possibly no one with leasing knowledge has read your post,
I know that I have never leased one but thought I would let you know
your post has been seen.
Just not by anyone with the knowledge to give you a decent answer.

#27 of 35 Lease charges by equuspwr

Jan 09, 2008 (9:18 pm)

Has anyone ever heard of a charge to turn a leased car in? Not extra mileage or damage, or tires, or anything like that. This was on the form when I signed for the lease. The sales mgr. said it covered the cost of transportation and other miscellaneous expenses. Is it legit??

#28 of 35 Re: Lease charges [equuspwr] by bossman141

Jan 10, 2008 (10:12 am)

Replying to: equuspwr (Jan 09, 2008 9:18 pm)
I remember when I leased my cars one of the selling points was no Disposition (?) charge. I asked what that was and was told that it was the charge to return the car. I remember telling the salesman that I couldn't believe that anyone would have the nerve to charge that fee.

#29 of 35 Re: Newbloke [newbloke] by Car_man HOST

Jan 16, 2008 (3:40 am)

Replying to: newbloke (Dec 22, 2007 2:45 am)
Greetings newbloke. This particular discussion is for consumers to discuss leasing the Dodge Caliber. You will have better luck getting others' opinions on this car b visiting the "Dodge Caliber" and the "New Caliber Owners - Give Us Your Report!" discussions.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#30 of 35 Re: Good Deal or Not? [equuspwr] by Car_man HOST

Jan 16, 2008 (3:59 am)

Replying to: equuspwr (Jan 06, 2008 8:47 am)
Hi equuspwr. Residual values and money factors are not calculated. Banks that lease vehicles provide dealerships with lists of what factors and residuals they must use to calculate vehicles' lease payments. The following article describes how to do so: Calculate Your Own Lease Payment.
 
Let's take a look at your deal. You leased a 2008 Dodge Caliber SXT 2.0L that has an MSRP of $18,850 and a selling price of $16,252. You are being given a discount of around $2,600 on a car that doesn't have much of a spread between its MSRP and dealer invoice price. This looks like a very attractive price to me. Just make sure that the dealer you are working with used Chrysler Financial's buy rate lease money factor of .00125 to calculate your monthly payment and you're all set.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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