Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Dodge Durango Lease Questions

13

Comments

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello cobrakaidojo. Ally's July base lease rate and residual value for a 36-month lease of a 2012 Dodge Durango Crew AWD with 10,000 miles per year are 0.6% and 46%, respectively.

    The numbers for an otherwise identical 39-month lease are 0.6% and 44%.

    When negotiating your deal on this truck, make sure to take advantage of the $3,750 cash incentive that is currently available on leases of it.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Can someone let me know if this is a good deal:

    2013 Durango R/T

    MSRP: $38,180

    Only has two options: Customer Preferred Package 24S and 730N Uconnect

    36 months / 10k miles

    $1,000 due at signing

    $398 + tax / month

    I am not sure what they are using for a Cap Cost, Residual, or Money Factor.

    Any help would be appreciated.
  • Any help with this? Should I hold out to see if I can get a better deal?
  • Hi xdawg12. Do you happen to know this truck's selling price? That number would make it much easier to evaluate this deal.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hello Car_man,

    Do you have the base lease rate and residual value for a 36-month of a 2013 Dodge Durango Crew RWD with 15,000 miles per year and 12,000 miles per year?

    Also, are there any Nov/Dec incentives on leasing this vehicle?

    Thanks for any help you can provide
  • I'm wondering if this is a good deal I have a lease now with 3 payments left adding up to $1500 I lived in Westchester NY. I'm putting down only $500 on a 2013 Durango R/T loaded with everything DVD player Nav leather etc... The deal is $489 a month tax included 39 months 10000 miles a yr I don't have a selling price but its around $41000 is this a good deal? Thanks
  • jhl1963jhl1963 Posts: 10
    Will, sounds like a good deal - I'm also in Westchester mind sharing the dealership?

    Does anybody know the current residual/mf for '13 durangos?

    The wife wants a third row :)

    Thanks
  • Not all jhl it's central ave Jeep,Chrysler, Dodge...
  • Folks-
    I signed paperwork on a 2013 Durango Crew AWD Hemi Leather Low end Nav Moonroof and Convenience Package...$399 a month no money out of pocket...first month payment to start 36 month lease.
    Sticker is approx $42,500...Lease thru Ally.
    Located in Central NJ....any thoughts
    Thank you in advance
  • Could you tell me the selling price and dealer? I am also in central jersey
  • 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!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    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
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • nnocunnocu Posts: 2
    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.
  • junjgujunjgu Posts: 3
    edited March 2013
    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.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    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
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • djhalptertdjhalptert Posts: 115
    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!!!
  • bm21081bm21081 Posts: 7
    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
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    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
  • bm21081bm21081 Posts: 7
    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.
  • steevosteevo Posts: 339
    How many months and mileage??
  • bm21081bm21081 Posts: 7
    39 months 12 k miles a year.
  • alg824alg824 Posts: 1
    Hi carman. I'm looking at leasing a 2013 Durango Crew RWD. Are there any incentives on this car this month? I was given a quote at $459 including taxes for 39 mo with no down. MSRP at this dealership in Miami, FL was $40k as opposed to $36-38k at other dealers for same exact car. What is this car leasing for in this area?

    Thanks!
  • kywonkywon Posts: 27
    Car-Man (or anyone else that knows):

    What is the June (or July) money factor and residual for 24 and 36 month lease for a 2013 Dodge Durango Citadel AWD with 15,000 miles/yr? And what incentives apply to this vehicle/model?

    Thank you!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi alg824. Chrysler is currently providing a $1,500 cash incentive on leases of the 2013 Dodge Durango. There's some additional bonus cash on top of that in certain regions, but none in the Southeast...which Florida is in.

    You can look up the pricing for the exact Durango that you want over in the New Vehicle Pricing section of Edmunds.com. If I was in the market for one right now, I personally would shoot for a selling price of a couple hundred dollars over invoice minus the available cash incentives.

    If you give me this truck's MSRP and invoice price, I'd be happy to use Chrysler's current lease program to work up a sample payment on it for you.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hello kywon. Chrysler Capital's June buy rate lease money factor and residual value for a 24-month lease of a 2013 Durango Citadel AWD with 15,000 miles per year are .00087 and 59% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00060 and 48%.

    Chrysler is providing a $1,500 national cash incentive on leases of this truck right now plus some additional bonus cash in certain regions.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • charger5charger5 Posts: 1
    Test drove a Durango crew AWD today loved. MSRP is 40200 dealer had a tag hanging in window that said 35900? If I was to go in and discuss lease pricing with them can I assume I would get the car for that price? Also , I have a 2008 GMC Acadia that is paid off to trade in , is it better to look at each transaction separately (trading in and negotiating the net capitalized cost) ? Thanks.
  • mad_hunmad_hun Posts: 1
    I've always down my transactions separately. The way I look at it, if you're doing a trade-in, you're taking a hit, because the dealer has to make money on that transaction too. Remove the dealer from the equation.
  • snow26snow26 Posts: 24
    edited August 2013
    Hi Carman.

    Can you tell me the 36mo/12,000 miles lease terms for august? MF and residual. what about 15,000 miles same term?

    I am in New York. What kinds of disount should I be expecting on a Citidel, MSRP $46,000. Thanks.
  • stompman76stompman76 Posts: 7
    edited September 2013
    I just leased a Durango R/T on Tuesday, 9/3/13, with an MSRP of $45,110. Lease is for 36 mos and 15k per year. Money factor is .0001 and residual is 50%. Lease payment including tax (7%) is $465.99 with zero down.
  • Dear Car_Man,

    Can you tell me September lease residual and money factor for the Dodge Durango Crew AWD V6 plus Nav, Power Sun roof, Tow Package, 20' wheel and Crew Convenient Package with MSRP $43,720? The lease term is 39 months and 12k miles per year.

    Thank you very much!
This discussion has been closed.