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Dodge Durango Lease Questions

83 messages,  Last post on May 20, 2013 at 5:34 PM

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What is this discussion about? Dodge Durango, Dodge Durango SRT-8, Car Buying, Car Leasing, SUV

    

Messages Page 9 of 9

#74 of 83 Re: 2013 Durango/ [jromano224] by sillysealey

Feb 15, 2013 (10:52 am)

Replying to: jromano224 (Jan 27, 2013 11:37 am)
Could you tell me the selling price and dealer? I am also in central jersey

#75 of 83 March incentives by needacar92

Mar 06, 2013 (9:47 am)

Any information out there on MF and residuals for a 2013 Durango Crew AWD? 36 month lease with 15K miles per year. Also, I see there is a $1500 rebate for leases in Ohio but I was also wondering if there is any dealer cash or factory to dealer incentives that I should know about before negotiating.
 
Thanks!

#76 of 83 Re: March incentives [needacar92] by Car_man HOST

Mar 11, 2013 (4:11 pm)

Replying to: needacar92 (Mar 06, 2013 9:47 am)
Sure needacar92. Ally's current base lease rate and residual value for a 36-month lease of a 2013 Dodge Durango Crew AWD with 15,000 miles per year are 1.34% and 52% for consumers who qualify for its top credit tier.
 
You're already aware of the $1,500 cash incentive on leases. There's some back-end volume-based dealer cash on all Dodge models that should enable you to get one at close to or perhaps slightly under and then have the $1,500 taken off.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#77 of 83 Re: March incentives [Car_man] by nnocu

Mar 21, 2013 (2:07 pm)

Replying to: Car_man (Mar 11, 2013 4:11 pm)
Car_man,
 
Would you please provide residual % and money factor for 2013 Durango SXT AWD for 36 months and 10k miles / year? Thanks in advance.

#78 of 83 price calculation by junjgu

Mar 22, 2013 (11:02 am)

I am trying to use dealer advised price to calculate the selling price.
 
My local dealer (Connecticut) advertise:
Monthly = $279
Car = Durango Crew V8 RWD, Nav, Leather, Sun roof, 10K / year 36 months
MSRP = $41780
Invoice = $39500 (estimate)
Down = $3000 (we all want 0 down so I need to derive the missing numbers)
Drive off = $4400 ( down + fee + DMV + 1st month) so the fee is about $750
Rebate: $5000 ( $2000 factory + $2000 V8 power bonus cash + $1000 returning or competitor lessee)
 
Fill the missing numbers:
Using MF = 0.00056 (1.34% from previous post)
Residual: = 54% ( 52% + 2% estimate from previous post of 15K / year)
Dealer fee = $750
 
Derived number using above figures:
The selling price – all rebates ($5000) = $34000
This is about $5500 under invoice ($39500). I think this is number to shoot for.
Add the down ($3000) and fee ($750) to cap cost.
The 0 down, no fee except DMV Monthly payment is: $385.
 
Price the AWD configuration: Crew V8 AWD, Nav, Leather, Sun roof, 10K / year
MSRP $42920 invoice $ 40467, the 0 down pre tax payment should be around $380 / month
12K /year (53% residual) around $395.
You can add $30 for every $1000, on rebate you don’t qualify. ($1000 returning or competitor lessee)
Sure look good, If the numbers are correct. $2000 V8 power bonus cash makes V8 cheaper than V6, gas aside.

#79 of 83 Re: March incentives [nnocu] by Car_man HOST

Mar 24, 2013 (7:42 am)

Replying to: nnocu (Mar 21, 2013 2:07 pm)
Sure nnocu. Ally's March base lease rate and residual value for a 36-month lease of a 2013 Dodge Durango SXT AWD with 10,000 miles per year are 3.77% and 58%.
 
Chrysler is currently providing a $1,500 cash incentive on leases of this truck through Ally.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#80 of 83 Car_man Help! by djhalptert

Mar 24, 2013 (5:10 pm)

What is the 36 month 10,000 mile lease of a 2013 Durango Citadel AWD and Crew AWD lease rate and residual?
Any incentives for Zip code 68516, THANK YOU!!!

#81 of 83 may money factor and residual please by bm21081

May 19, 2013 (1:28 pm)

Does anyone have the may info for money factors and residuals for a durango awd crew i got a quote today of
msrp 42570
mf: 0.00037
residual: 39%
rebates 350
trade in appraised value 11k
payoff of trade in: 8k
monthly new payment : 413
 
seems a bit high for putting the equity of trade in. thanks in advance for the help

#82 of 83 Re: may money factor and residual please [bm21081] by Car_man HOST

May 20, 2013 (4:12 pm)

Replying to: bm21081 (May 19, 2013 1:28 pm)
Hi bm21081. The money factor looks good, but oddly the residual value looks really low. I say that this is strange because dealers can sometimes alter vehicles's money factors, but they cannot change the residual value. How long is this lease?
 
The rebate that you were quoted is low as well. There's at least $1,500 on leases of this truck, more than that in certain areas.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#83 of 83 Re: may money factor and residual please [Car_man] by bm21081

May 20, 2013 (5:34 pm)

Replying to: Car_man (May 20, 2013 4:12 pm)
Thanks for the response. I went back today after going to two other dealers. Final deal is 439 a month 0 down except first payment and DMV fees max of 600. And getting all my trade back in a refund. And negotiated an extra grand back in the trade so total back to me is 3400 after first months. Payment. Also found the grad student rebate which isn't applied yet. So that will be an extra savings.

Messages Page 9 of 9

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