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

    

#8 of 35 Re: Caliber 27 / 36 Month Residuals and MF? [rws0131] by Car_man HOST

Jun 11, 2006 (8:15 am)

Replying to: rws0131 (Jun 07, 2006 11:01 am)
Hi RWS. You definitely do not want to lease this car for any term other than 24 months. That is the "sweet spot" with Chrysler Financial's lease program for it right now. This car's exact lease program varies by trim level, for now I will provide you with info on its program for the base model. Let me know if you want something different. If you were to lease a base 2007 Dodge Caliber through Chrysler Financial right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00031 and 66%, respectively.
 
Car_man
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#9 of 35 Re: Caliber 27 / 36 Month Residuals and MF? [Car_man] by rws0131

Jun 11, 2006 (8:21 am)

Replying to: Car_man (Jun 11, 2006 8:15 am)
Car_man,
 
Do they have a 24 month lease on this car? The few dealers I talked too only gave me 27 month #'s. I was looking into the AWD model and also the SXT. Thanks.
 
RWS

#10 of 35 Re: Caliber 27 / 36 Month Residuals and MF? [rws0131] by Car_man HOST

Jun 11, 2006 (8:28 am)

Replying to: rws0131 (Jun 11, 2006 8:21 am)
Yes, the numbers that I mentioned in my previous post are for a 24 month lease. I haven't seen the 27 month numbers, but the money factor for 27 months might be the same. The 24 month, 15,000 mile per year money factor and residual value for the Dodge Caliber AWD are .00125 and 66%. The numbers for an otherwise identical lease of a Caliber SXT are .00140 and 66%.
 
Car_man
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#11 of 35 Website lease a good deal by flyusmc

Jun 11, 2006 (3:23 pm)

Hey all I just did the dodge.com website lease 999 down and 239 for 27 months. It seemed like a good deal? Your imputs or did I just get juiced?
 
Thanks,
Andy
P.S. The dealer even gave me the SXT 24E package (SXT Sport) with Sirius, 6 Disc CD, 17 inch wheels, Sunburst Orange paint and interior accents, Fog lights, and SXT sport trim.

#12 of 35 Re: Website lease a good deal [flyusmc] by flyusmc

Jun 16, 2006 (12:23 am)

Replying to: flyusmc (Jun 11, 2006 3:23 pm)
I guess since nobody replied to me I must be getting not a good deal. How come?
 
-Andy

#13 of 35 Re: Website lease a good deal [flyusmc] by Car_man HOST

Jul 10, 2006 (4:55 am)

Replying to: flyusmc (Jun 16, 2006 12:23 am)
Hi Andy. It is difficult for anyone to give a detailed analysis of your deal without knowing this car's MSRP and selling price. These numbers will show how much of a discount you were given and will enable anyone who reads your post to estimate what your lease payment should have been if they have Chrysler Financial's lease program.
 
Car_man
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#14 of 35 Re: Website lease a good deal [Car_man] by flyusmc

Jul 11, 2006 (10:23 am)

Replying to: Car_man (Jul 10, 2006 4:55 am)
Hey Car Man. My MSRP was $18,538.94 + ($575.00) Tax, title and Registration.
 
Capt Cost Reduction was $ 6349.50
Purchase price at the end of lease is $12.351.45
 
Lease terms are(were) $999 down 239+tax (Like 14 dollars) Per month for 27 Months.
I get 12000 Miles per year (I drive around 11,500 a year) .20 per mile over.
 
Thats it.
Any advice on if this is good? I've noticed They (Chrysler Financial/Dodge) stopped advertising this lease deal on their website. Hmm....
Thanks,
Andy

#15 of 35 Re: Website lease a good deal [flyusmc] by flyusmc

Jul 23, 2006 (7:16 am)

Replying to: flyusmc (Jul 11, 2006 10:23 am)
Wow!!! My dealer called (two months later) me today after I changed states, and told me that Chrysler Finicial said becasue I paid for my entire lease up front, the cancelled the contract and had me sign a new one that I pay $450 less!!!!! Go Onterio Dodge!

#16 of 35 Re: Website lease a good deal [flyusmc] by Car_man HOST

Jul 31, 2006 (3:06 am)

Replying to: flyusmc (Jul 11, 2006 10:23 am)
Hey Andy. $6,349.50 is a huge capitalized cost reduction. Are you paying this out of your own pocket or is any of it a dealer discount? Given this car's small margins I suspect that you are paying a lot of this as a down payment. It is in your best interest as a consumer not to make any sort of down payment when leasing. I say this because if your leased vehicle is totaled in an accident or stolen and never recovered during your lease, your down payment essentially disappears.
 
Car_man
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#17 of 35 Re: Website lease a good deal [Car_man] by flyusmc

Jul 31, 2006 (12:25 pm)

Replying to: Car_man (Jul 31, 2006 3:06 am)
Car_Man. I did a one time lease payment. I did not want a monthly lease payment. I got lease coverage from my military insurance that covers my down payment. I did pay for this all out of my pocket.
 
-Andy
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