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Dodge Caravan Lease Questions

76 messages,  Last post on Oct 04, 2012 at 10:26 AM

You are in the Chrysler Town & Country/Dodge Grand Caravan Forum.

What is this discussion about? Dodge Caravan, Dodge Grand Caravan, Car Leasing, Van

    

Messages Page 5 of 8

#38 of 76 Re: lease car man or anyone else [hcop] by hcop

Aug 21, 2007 (4:22 pm)

Replying to: hcop (Aug 20, 2007 4:49 pm)
lease car man or anyone else who can answer the question ; is there mandatory 700.00 bank fee or did i get taking for a ride.

#39 of 76 rate and res for 08 Gr Caravans by wgbcworship

Aug 23, 2007 (1:50 pm)

Has DCFS released the residuals and lease factors for the new 2008 Grand Caravans? If so, do you know what they are? Have you been able to get a sense of what the demand will be on the vans (ie how far over invoice am I gonna have to go?)? Do you know anything about whether or not the restriction that has been on the MyGig system is still in place? Thanks for the information you share here. It is very valuable!

#40 of 76 Re: Lease Rate and Residuals for 2007 DGC SXT [berlyb3] by Car_man HOST

Aug 28, 2007 (3:04 am)

Replying to: berlyb3 (Jul 27, 2007 5:42 pm)
Here's the information that you're looking for, berlyb3. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Dodge Grand Caravan SXT with 15,000 miles per year are .00053 and 38%, respectively.
 
Chrysler is currently providing $4,000 lease cash on the '07 Grand Caravan. It is difficult to say whether it will have to increase its cash incentives on it to help unload the remaining '07 models now that the '08s arrived, but any increase in cash incentives will probably be offset by the fact that its lease program will get worse as the model year progresses.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#41 of 76 Re: lease car man or anyone else [hcop] by Car_man HOST

Aug 28, 2007 (3:07 am)

Replying to: hcop (Aug 20, 2007 4:49 pm)
Hi hcop. These fees have nothing to do with your dealer. They are standard Chrysler Financial charges. It charges a $700 acquisition fee on every vehicle that it leases. this fee can either be paid at lease signing or rolled into your vehicle's capitalized cost to make it part of your monthly payment. It also charges a $425 disposition fee at lease-end to consumers who do not purchase their leased vehicle or lease another one through Chrysler Financial.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#42 of 76 Re: rate and res for 08 Gr Caravans [wgbcworship] by Car_man HOST

Aug 28, 2007 (3:17 am)

Replying to: wgbcworship (Aug 23, 2007 1:50 pm)
Hi wgbcworship. I don't believe that Chrysler Financial has introduced a special lease program for the 2008 Dodge Caravan yet. At least I haven't seen one for it. I suspect that it will introduce a special lease program on it when it publishes its new lease program on September 5th.
 
I don't have a good sense of what the market will be like for the redesigned Chrysler minivans yet. While I'm not a minivan person, I think that Chrysler did an excellent job with the new Caravan and Town & Country. Having said this, the demand for minivans has not been that strong. General Motors and Ford have replaced most of their vans with crossover vehicles. Even if the initial demand for the redesigned minivans is strong, I suspect that within a couple of months dealers will be selling it for close to dealer invoice.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#43 of 76 Re: lease car man or anyone else [Car_man] by hcop

Sep 04, 2007 (2:38 pm)

Replying to: Car_man (Aug 28, 2007 3:07 am)
thank you for the info

#44 of 76 Re: lease car man or anyone else [Car_man] by hcop

Sep 04, 2007 (2:38 pm)

Replying to: Car_man (Aug 28, 2007 3:07 am)
Car man host thank you for the info

#45 of 76 Re: rate and res for 08 Gr Caravans [Car_man] by wgbcworship

Sep 04, 2007 (3:43 pm)

Replying to: Car_man (Aug 28, 2007 3:17 am)
thank you. i will post back here when i find anything else out.

#46 of 76 Re: Leasing help on 2006 Dodge Grand Caravan [brum] by patdepdry

Nov 15, 2007 (8:32 pm)

Replying to: brum (Jun 06, 2006 7:20 pm)
this is my first time on this site also. i am very confused. i am in the process of finalizing a lease(nj) on the dodge caravan that has every available option. this is my first dodge-been a gmac customer for 20 years- the lease payment that i have been quoted is VERY high compared to everything i am reading [ $535/mo 39 mo $2,000 down] is there something i am missing here?

#47 of 76 Re: Leasing help on 2006 Dodge Grand Caravan [patdepdry] by Car_man HOST

Dec 21, 2007 (3:56 am)

Replying to: patdepdry (Nov 15, 2007 8:32 pm)
Welcome patdepdry. That lease payment does sound pretty high. We're talking about a Dodge here, not a BMW or a Mercedes-Benz. The best way to get a good deal on a new vehicle is to negotiate as low a selling price as you can on it and then have the dealer calculate your monthly payment using its buy rate lease money factor. Try to get a selling price that's as close to dealer invoice as possible before the deduction of any available cash incentives. Chrysler is currently providing $1,500 lease cash plus an additional $500 to $1,000 bonus cash in select regions on this model right now. Chrysler Financial's current buy rate lease money factor for a 36 month lease of a 2008 Dodge Grand Caravan SXT is .00148. I would bee happy to estimate what this van's monthly payment should be for you if you provide me with the MSRP and selling price of the exact model that you want.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 5 of 8

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