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2013 and earlier Dodge Charger Lease Questions

124

Comments

  • Anyone know what the Current Residual and MF are for a R/T with AWD? Dealer just quoted me a sticker price of $22,500 with current incentives.
  • Hi ajfitzer. For some reason, it appears as though Chrysler is currently only providing lease support on base Charger models. If you want to go with an R/T or AWD, you will be better off financing than leasing. Chrysler is providing 0% financing for up to 6 years on the 2010 Charger right now.

    Car_man
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  • eburnseburns Posts: 9
    Hi Car Man,
    First, thanks for the all of the assistance in this past; this board has saved me quite a bit of money on leases over the last few years.
    I'm working on a new lease on a Charger R/T Max (there is a heck of a deal for anyone who is a USAA member right now), but I'm getting very different answers from dealers on MF and residuals. Can you confirm what they really are? Looking at 3 years, 10k per year.

    Thanks in advance!
  • You're very welcome eburns. I'm glad that we have been able to help you out.

    Ally's current base lease rate and residual value for a 36-month lease of a 2012 Dodge Charger R/T Max with 10,000 miles per year are 2.5% and 55%, respectively.

    I believe that there's a $1,000 cash incentive on leases of this car right now. Make sure to take it into account during your negotiations.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • eburnseburns Posts: 9
    Thanks Car Man; that beats the most recent 3.4% APR I've been quoted.
  • eburnseburns Posts: 9
    Thanks again for the help! Deal is done; went with 12k per year, 54% residual and 2.4% APR. that combined with a negotiated cap cost about 4500 below invoice and I'm feeling pretty good. First time leasing an American car and very happy!
  • LASHAWNLASHAWN Posts: 303
    Can you post the figures of your deal? I'm looking into getting a R/T Max myself.
  • Sure:

    MSRP: $38,640 (R/T Max, red, sunroof, spoiler)
    Negotiated sales price: $36,621
    Rebates: 4500
    Taxes, fees: 1200 ish
    APR: 2.5
    Residual: 54
    12k miles per year, 36 months
  • lamronh49lamronh49 Posts: 86
    About a month ago I saw something like a $199 x 24 month lease with $1474 down on the R/T, in the Detroit area.

    If I wasn't in the middle of a 200 lease, I might have flown out to grab that.

    Unbelievable.
  • I am in the process of trying to lease 2012 r/t with all wheel driver. The sticker price is $36,100 and i haggled them to $30300. I live in New York and we have an 8% sales tax. Any help would be appreciated. Thanks Joe
  • I'm a baby boomer who likes large RWD cars. I currently drive a 1992 Mercury Gran Marquis which has been discontinued by Ford. Now that I'm in the market for a new vehicle, I would like to still buy a RWD if possible but I know my choices are limited. Therefore, I would like to consider the 2012 or 2013 Dodge Charger with the Hemi since I grew up with V-8's or maybe just the SE model. However, I have a concern about Chrysler/Dodge products because back in the day, Chryslers/Dodges always had quality control issues especially around fit and finish and people who owned them would say they were good for 3 years or so and then you could expect maintenance issues. Also, I wonder how Chrysler/Dodge cars will hold up now that the corporation is owned by Fiat. The police department in my town use 2010-2011 Chargers with the 6Cyl and they do not like the Charger because they always have maintenance problems especially with the suspensions.Can anyone provide me with some feedback about these concerns and their experiences/issues with the Dodge Charger? I'm also considering the Cadillac CTS, Mercedes C and E series, BMW 5-series, Mustang GT, Chrysler 300C and if I get desperate even the Lincoln MKS if I can't find a good RWD. Thanks for your help!
  • steverstever Viva Las CrucesPosts: 41,579
    If you bought a new Chrysler, Dodge, Jeep or Fiat "special edition" model in the past year or so - or if you are a dealer who sold one - a reporter would love to hear about it. Please email PR@edmunds.com no later than Wednesday, October 10, 2012 with your daytime phone number and a brief description of the car and your experience with it.

    Moderator
    Minivan fan. Feel free to message or email me - stever@edmunds.com.

  • Working a deal on a 2013 R/T Classic. MSRP $39,665. Sale price $33,665. $3,500 cash down + tax, tag etc. Adjusted cap cost is $31,160. 12k miles a year, 24 months. Dodge's website gives me an estimated payment of $290 a month + tax. My dealer says he is at 39 months $428 per month + tax with same downpayment. Can car_man please assist with my question please? Is the Dodge search new inventory website off by that much? Or is the dealer looking to just get a better deal for themselves? I also noticed they have low lease payments on new Chargers as well and if the website is wrong it is quite misleading and a big turnoff. Thanks.
  • Hi eagle9595. Let's crunch some numbers and see what we come up with. According to my calculations, if you were to lease a 2013 Dodge Charger R/T that has an MSRP of $39,665 and a capitalized cost of $31,160 through Ally right now for 24-months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $289.

    The $428 per month payment that the dealer quoted you is way out of whack.

    Car_man
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  • Thanks so much car_man! Highly appreciated! Could I get payment info on a 24 and 36 month Ally lease on a more affordable 2013 Charger R/T Road and Track?

    MSRP $34,990
    $6,500 discount ($2,500 mfg. cash and $4,000 dealer discount)
    $2,000 down
    $26,440 Cap Cost
    12,000 miles a year

    Thanks!
  • Hello,

    I do not have all the numbers you otherwise look for but here are the numbers I do have, maybe you can shed some light on the deal.

    Looking to lease a 2013 Charger R/T Max AWD w/ a sticker price of $40,980. I have a trade that has aprox $4,000 in negative equity (its a VW CC with 10 months left on the lease).

    The deal: $2,000 out of pocket at $450 a month on 39 Months w/ 12K a year.

    This was the 4th dealer I visited and the BEST monthly payment I got on the most expensive car out of all of them. Most dealers were in the mid 5's and one even touching 600.

    Good deal or bad deal?

    Thank you very much for the help!

    Project.
  • Car_man - Do you have the current lease rates for the Dodge Charger RT & SXT for a 36/mo term w/ 12k miles/yr?

    Thanks!
  • Could I please get Ally lease info for 2013 Charger R/T:
    MSRP $32, 380 (sunroof, spoiler)
    Discounts $5,000 ($2500 Cash Allowance, $1500 V8 Bonus Cash, $1000 Conquest Cash)
    10,000 miles/yr
    24 mo & 36 mo terms

    Dealer quoting us $315 (incl tax) based on current "Big Finish" rates/terms. We have credit score >800 so will have no problem qualifying for best rates.

    Also, would like info on Charger R/T w/AWD:
    MSRP $34, 880 (sunroof, spoiler, AWD)
    Same discounts, etc as above

    Thanks so much!
    Shawn
  • Hi mattmy. Ally's base lease rate and residual value for a 36-month lease of a 2013 Dodge Charger RT with 12,000 miles per year are 2.4% and 56%.

    The numbers for an otherwise identical lease of a 2013 Charger SXT are 0.05% and 49%.

    There is a $1,500 cash incentive on leases of these cars right now.

    Car_man
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  • Hi Shawn. While the cash incentive on purchases of the 2013 Charger is higher in certain regions, I believe that it's only $1,500 on leases of it. The V8 bonus cash and conquest cash are correct.

    Ally's December base lease rate and residual value for a 24-month lease of a 2013 Dodge Charger R/T with 10,000 miles per year are 2.05% and 65%. The numbers for an otherwise identical 36-month lease are 2.4% and 57%.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car _man, could you please let me know what the residual/mf are for a 2012/2013 Charger SRT8? I am looking at 24m or 36m (whichever comes out cheaper per month) 12k per year. Thank you! SRT website posts $499 36m for 2012 and $599 36m for 2013 without any residual detail. Thank you!
  • Sure drkchai. Ally's January base lease rate and residual value for a 24-month lease of a 2013 Dodge Charger SRT8 with 12,000 miles per year are 5.06% and 64% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are 4.61% and 58%.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • 83racecrew83racecrew Posts: 6
    edited January 2013
    Hello,

    I am curious what the current lease rate and residual is for the above mentioned vehicle? 12K miles per year.
    I have been on Dodge.com and the numbers there indicate a lease rate of 2.95%, however I can't get near those numbers with the dealer.

    Thank you.
  • Hello 83racecrew. Your calculations were spot on. Ally's January base lease rate and residual value for a 36-month lease of a 2013 Dodge Charger R/T Max AWD with 12,000 miles per year are 2.95% and 63%.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Thank you Car_man, I appreciate the time.

    Really strange, both dealers I spoke to were identical and it went something like this:

    MSRP: 41,380
    Discount: 1,587
    Incentives: 3,000
    Down Payment: 750
    Capital cost: 36,043
    Residual: 25,241.80 (61%)
    39 months
    Money factor (rounded) should be .00123 if 2.95% is used.

    At the dealer, the payment (with tax) was figured at 413 - 428.

    If I calculate that, I come up with 373.47 (incl tax). So if they are that high, the actual lease rate is either 4.2-4.4% or they are doing something else to calculate.

    They wouldn't budge so they didn't get my business.
  • dylrexdylrex Posts: 58
    Did their figure include the acquisition fee?
  • It wasn't specifically listed in what they gave me, but I suppose it did. Usually $400 to $700 covers that, doesn't it?
    That much shouldn't be creating the disparity I am seeing. Maybe I am missing something.
  • steevosteevo Posts: 340
    There has to be some type of bank or aquisition fee of 1000 bucks or so? Did you ever figure it out? Curiously, if you use the Dodge lease calculator on the Dodge website, the capitalized cost ends up 995 higher than what the math would indicate.
  • I quit trying to figure it out, I leased a Ford. If there were other charges in what the dealer was quoting me for price, they weren't disclosing them.
    They gave me a copy showing cost of the vehicle, the discount they offered on the vehicle, the incentives I qualified for, the residual value, and then the payment with various down payments.

    None of those matched what I could come up with on Dodge.com when I matched numbers. I don't expect the website to be right on the money, but we were $70/month apart, I expect closer than that.
  • drkchaidrkchai Posts: 7
    Hi Car_man, I am wondering if there is any changes this month on Ally 2013 Charger SRT8 leasing rate/incentives? 24m or 36m 12k per year. Thank you. I see there is a $3000 lease incentive on the car. Can it be combined with an ally lease? Whats a good selling price on the srt before any incentives? Thank you.
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