2015 Dodge Charger Lease Questions

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  • carfan74carfan74 Member Posts: 58
    Just checking on Charger too...

    Current MF and residual on 2015 Charger SXT AWD in NY - preferably 12k mile/year lease for 36 months.

    Is the MF .00200 ("standard")

    And if you have 2016s as well, even better! Thanks.
  • MichaellMichaell Moderator Posts: 263,481
    carfan74 said:

    Just checking on Charger too...

    Current MF and residual on 2015 Charger SXT AWD in NY - preferably 12k mile/year lease for 36 months.

    Is the MF .00200 ("standard")

    And if you have 2016s as well, even better! Thanks.

    2015 - .00015 and 55% for 39/12
    2016 - .00078 and 56% for 36/12

    Not sure of the exact number for the standard MF, but around .00200 seems right.

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  • carfan74carfan74 Member Posts: 58
    Thanks. Chrysler doesn't do 36 month leases? Just 39?
  • john420john420 Member Posts: 97
    Have the residual and MF changed for December for 2015 Charger RT 39/15K in NJ?
  • kyfdxkyfdx Moderator Posts: 267,212
    carfan74 said:

    Thanks. Chrysler doesn't do 36 month leases? Just 39?

    When we give the 39 month number, it's because that is the term they are incentivizing and the residual is better than 36.

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  • kyfdxkyfdx Moderator Posts: 267,212
    john420 said:

    Have the residual and MF changed for December for 2015 Charger RT 39/15K in NJ?

    To know if it's changed, we would have to look up 2 sets of numbers.... so, here is December:

    .00006 MF and 54% residual

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  • dwgutwirdwgutwir Member Posts: 137
    Checking residuals and money factors for NJ with Tier 1 credit

    SXT AWD 24/36/39 months 10k and 12k miles

    R/T Road & Track 24/36/39 and 10k and 12k miles

    I was surprised that on the Dodge Build Tool the lease quoted for the R/T was less than for the SXT.

    Thanks.
  • MichaellMichaell Moderator Posts: 263,481
    dwgutwir said:

    Checking residuals and money factors for NJ with Tier 1 credit

    SXT AWD 24/36/39 months 10k and 12k miles

    R/T Road & Track 24/36/39 and 10k and 12k miles

    I was surprised that on the Dodge Build Tool the lease quoted for the R/T was less than for the SXT.

    Thanks.

    SXT AWD - .00001 and 61% for 27/12, .00015 and 55% for 39/12
    R/T - .00011 and 63% for 27/12, .00006 and 56% for 39/12

    Add 1% for 10K

    24/36 month numbers not competitive this month.

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  • dwgutwirdwgutwir Member Posts: 137
    Is this possibly right (payment calc below for a Charger R/T Road and Track)

    And can I also get MF/RV for Charger Scat Pack for 24/36 months (or whatever the preferred term currently is) for 10k/12k miles in NJ with Tier 1 credit.

    MSRP 41570
    MF 0.00006
    MF as APR 0.144
    Lease Term 39
    Residual % 0.56
    Residual Value 23279.2
    Cap Cost 40274
    Incentives+Other Cap Cost Reduction (i.e. trade/downpayment) 6500
    Net Cap Cost 33774
    Depreciation 10494.8
    Monthly Dep 269.10

    MF Interest 3.42
    Monthly Dep 269.10

    Monthly $ 272.52
  • kyfdxkyfdx Moderator Posts: 267,212
    dwgutwir said:

    Is this possibly right (payment calc below for a Charger R/T Road and Track)

    And can I also get MF/RV for Charger Scat Pack for 24/36 months (or whatever the preferred term currently is) for 10k/12k miles in NJ with Tier 1 credit.

    MSRP 41570
    MF 0.00006
    MF as APR 0.144
    Lease Term 39
    Residual % 0.56
    Residual Value 23279.2
    Cap Cost 40274
    Incentives+Other Cap Cost Reduction (i.e. trade/downpayment) 6500
    Net Cap Cost 33774
    Depreciation 10494.8
    Monthly Dep 269.10

    MF Interest 3.42
    Monthly Dep 269.10

    Monthly $ 272.52

    Those calculations are correct.

    2015 Scat Pack 39/12: Standard MF and 59% residual

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  • john420john420 Member Posts: 97
    dwgutwir,
    So how much do you have to give a lease signing?
  • dwgutwirdwgutwir Member Posts: 137
    The general rule I've heard is never put $ down on a lease. You're better off banking that money you'd use as cap cost reduction and making the lease payments from that "pool" of money.

    Drive off should be first month's payment, security deposit, etc.
  • MichaellMichaell Moderator Posts: 263,481
    dwgutwir said:

    The general rule I've heard is never put $ down on a lease. You're better off banking that money you'd use as cap cost reduction and making the lease payments from that "pool" of money.

    Drive off should be first month's payment, security deposit, etc.

    Exactly. Any cap reduction is at risk if the car is stolen or totaled.

    Up front cash should cover first payment, bank and dealer fees, license costs and any tax due on rebates or other incentives.

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  • dwgutwirdwgutwir Member Posts: 137
    Michaell -

    I do assume that cap reduction in the form of rebates or incentives are fine, since that $ would be lost otherwise.
  • MichaellMichaell Moderator Posts: 263,481
    dwgutwir said:

    Michaell -

    I do assume that cap reduction in the form of rebates or incentives are fine, since that $ would be lost otherwise.

    Correct, but that money can also be used to address the other up front costs. On my Hyundai lease. the lease cash paid the dealer fee, acquisition fee and such. The only money due from me at signing was the first month's payment.

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  • marseille1344marseille1344 Member Posts: 25
    Hello, do you have the residual and MF on the 2016 Charger SE AWD for south Florida on a 39 months 10k miles per year. Thank you.
  • kyfdxkyfdx Moderator Posts: 267,212

    Hello, do you have the residual and MF on the 2016 Charger SE AWD for south Florida on a 39 months 10k miles per year. Thank you.

    Ask 2016 Charger questions here:
    http://forums.edmunds.com/discussion/37428/dodge/charger/2016-dodge-charger-lease-questions#latest

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  • marseille1344marseille1344 Member Posts: 25
    Thank you
  • 3310jeff3310jeff Member Posts: 3
    Do you know what the residual and MF on a 2015 Charger SXT AWD in Massachusetts would be for a 36 month 12k miles per year lease? Thank you for your help!
  • MichaellMichaell Moderator Posts: 263,481
    3310jeff said:

    Do you know what the residual and MF on a 2015 Charger SXT AWD in Massachusetts would be for a 36 month 12k miles per year lease? Thank you for your help!

    .00015 and 55% for 39/12 ... better numbers than for 36 months.

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  • carfan74carfan74 Member Posts: 58
    Are 2015 Chargers still leasing? If so, MF and residual please on SXT AWD in NY Metro. Thank you!
  • kyfdxkyfdx Moderator Posts: 267,212
    carfan74 said:

    Are 2015 Chargers still leasing? If so, MF and residual please on SXT AWD in NY Metro. Thank you!

    .00018 MF and 55% residual for 36mo, 15K/yr

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  • automan822automan822 Member Posts: 83
    On the RT, are they still doing 39/12, or 39/15 in CA this month, also residual, MF
    lease cash?
  • kyfdxkyfdx Moderator Posts: 267,212

    On the RT, are they still doing 39/12, or 39/15 in CA this month, also residual, MF
    lease cash?

    .00011 MF and 59%/57% residual for 36 months.

    We don't have the lease cash information.

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  • 2theredline2theredline Member Posts: 8
    Do they still have MF and Residuals for the left over 2015s? 24mo / 10K. and 36mo / 10K. Arizona. Thank you!
  • MichaellMichaell Moderator Posts: 263,481

    Do they still have MF and Residuals for the left over 2015s? 24mo / 10K. and 36mo / 10K. Arizona. Thank you!

    We have numbers. What trim level?

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  • 2theredline2theredline Member Posts: 8
    Michaell said:

    Do they still have MF and Residuals for the left over 2015s? 24mo / 10K. and 36mo / 10K. Arizona. Thank you!

    We have numbers. What trim level?
    R/T Road and Track
  • MichaellMichaell Moderator Posts: 263,481
    Do they still have MF and Residuals for the left over 2015s? 24mo / 10K. and 36mo / 10K. Arizona. Thank you!
    We have numbers. What trim level?
    R/T Road and Track
    24/10 - .00029 and 66%
    36/10 - .00011 and 60%

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  • jrod720jrod720 Member Posts: 7
    edited July 2016
    Do they still have MF and Residuals for 2015 Charger R/T ? Located in CA interested in leasing and local dealer has two 2015s leftover.
  • kyfdxkyfdx Moderator Posts: 267,212
    jrod720 said:

    Do they still have MF and Residuals for 2015 Charger R/T ? Located in CA interested in leasing and local dealer has two 2015s leftover.

    Standard MF and 61% residual for 36/15

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  • cbsmithcbsmith Member Posts: 3
    Are there still numbers for 2015s in August? Would be an R/T as well.
  • kyfdxkyfdx Moderator Posts: 267,212
    cbsmith said:

    Are there still numbers for 2015s in August? Would be an R/T as well.

    Standard MF and 51% residual for 36 mo, 15K/yr

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