2016 Chrysler 300 Lease Questions

carfan74

Any current money factors and residuals on 2016 300s in NY metro area. All for 36 or 39 months, 12k miles/per year:

300S
300C

Thank you!

kyfdx

carfan74 said:

Any current money factors and residuals on 2016 300s in NY metro area. All for 36 or 39 months, 12k miles/per year:

300S
300C

Thank you!

Assuming AWD?
36/12

300S: .00015 MF and 56% residual
300C: .00020 MF and 54% residual

carfan74

Yes, thanks!

davetpa

Do you have numbers for both 300C and 300S for RWD 36/15 in FL along with Lease Cash, rebates, etc.. Thank you in advance.

kyfdx

davetpa said:

Do you have numbers for both 300C and 300S for RWD 36/15 in FL along with Lease Cash, rebates, etc.. Thank you in advance.

300C: .00019 MF and 53% residual
300S: .00009 MF and 54% residual

We don't have the incentive info for Chrysler

ksolorio10

I am currently looking at leasing a 300s 4dr Sdn AWD. The MSRP is $42,260 and the negotiated price I have is $39,252. It is at $345 a month and 1200 down for 36 months. The residual value is $20,707.40 but not sure about the residual % and I asked for the money factor but he said he did not know. I am looking for the info in MI. Trying to figure out if I am getting a good deal.

ksolorio10

Thanks for the help!

Michaell

ksolorio10 said:

I am currently looking at leasing a 300s 4dr Sdn AWD. The MSRP is $42,260 and the negotiated price I have is $39,252. It is at $345 a month and 1200 down for 36 months. The residual value is $20,707.40 but not sure about the residual % and I asked for the money factor but he said he did not know. I am looking for the info in MI. Trying to figure out if I am getting a good deal.

.00016 is the MF, and the 36/15 residual is 55%. Lower miles will result in a higher residual percentage.

This may be a lease through a different bank - I only have numbers from Chrysler Financial.

Using my MF and residual with your prices, I get $455/mo plus tax.

ksolorio10

Michaell said:

ksolorio10 said:

I am currently looking at leasing a 300s 4dr Sdn AWD. The MSRP is $42,260 and the negotiated price I have is $39,252. It is at $345 a month and 1200 down for 36 months. The residual value is $20,707.40 but not sure about the residual % and I asked for the money factor but he said he did not know. I am looking for the info in MI. Trying to figure out if I am getting a good deal.

.00016 is the MF, and the 36/15 residual is 55%. Lower miles will result in a higher residual percentage.

This may be a lease through a different bank - I only have numbers from Chrysler Financial.

Using my MF and residual with your prices, I get $455/mo plus tax.

Sorry! I forget to mention my miles which is 12k. I am assuming that would make it a 50% residual? Also they had about $9000 in lease rebates. I keep trying to try to formulate it but always get a really high number.

Michaell

ksolorio10 said:

Michaell said:

ksolorio10 said:

I am currently looking at leasing a 300s 4dr Sdn AWD. The MSRP is $42,260 and the negotiated price I have is $39,252. It is at $345 a month and 1200 down for 36 months. The residual value is $20,707.40 but not sure about the residual % and I asked for the money factor but he said he did not know. I am looking for the info in MI. Trying to figure out if I am getting a good deal.

.00016 is the MF, and the 36/15 residual is 55%. Lower miles will result in a higher residual percentage.

This may be a lease through a different bank - I only have numbers from Chrysler Financial.

Using my MF and residual with your prices, I get $455/mo plus tax.

Sorry! I forget to mention my miles which is 12k. I am assuming that would make it a 50% residual? Also they had about $9000 in lease rebates. I keep trying to try to formulate it but always get a really high number.

My guess is that with the large rebates this is a lease through Ally or US Bank. we don't have their numbers to confirm what the dealer is telling you.

12k residual is 2% higher than 15K

hankscorpio

Hi,

I'm considering a 300S RWD V6. Can I have the MF and residual for 24 and 36 mo at 15k/ yr?

Thanks in advance for the assistance

kyfdx

hankscorpio said:

Hi,

I'm considering a 300S RWD V6. Can I have the MF and residual for 24 and 36 mo at 15k/ yr?

Thanks in advance for the assistance

.00009 MF and 66% residual
.00010 MF and 55% residual

soxfan82

Hi,

I'm looking for the money factor and residual in Maine on 2 models:

2016 Chrysler 300 Limited AWD
2016 Chrysler 300 Anniversary Edition AWD
36 months

Thanks!!

Michaell

soxfan82 said:

Hi,

I'm looking for the money factor and residual in Maine on 2 models:

2016 Chrysler 300 Limited AWD
2016 Chrysler 300 Anniversary Edition AWD
36 months

Thanks!!

How many miles per year?

soxfan82

15K

Michaell

soxfan82 said:

Hi,

I'm looking for the money factor and residual in Maine on 2 models:

2016 Chrysler 300 Limited AWD
2016 Chrysler 300 Anniversary Edition AWD
36 months

Thanks!!

soxfan82 said:

15K

Limited AWD - .00004 and 55%

Ann. Edition AWD - .00004 and 55%

soxfan82

Thank you!

soxfan82

Michaell said:

Hi, I'm looking for the money factor and residual in Maine on 2 models: 2016 Chrysler 300 Limited AWD 2016 Chrysler 300 Anniversary Edition AWD 36 months Thanks!!

15K

Limited AWD - .00004 and 55% Ann. Edition AWD - .00004 and 55%

 There are some killer rebates for leasing if you go through Ally  instead of Chrysler capital. .  Do the same numbers also apply to Ally? 

Michaell

soxfan82 said:

Michaell said:

soxfan82 said:

Hi,

I'm looking for the money factor and residual in Maine on 2 models:

2016 Chrysler 300 Limited AWD
2016 Chrysler 300 Anniversary Edition AWD
36 months

Thanks!!

soxfan82 said:

15K

Limited AWD - .00004 and 55%

Ann. Edition AWD - .00004 and 55%

 There are some killer rebates for leasing if you go through Ally  instead of Chrysler capital. .  Do the same numbers also apply to Ally? 

No. Ally lease numbers are very different to account for the high incentives. We don't have those numbers to validate.

fastancurious

money factor and residual numbers on 2016 300s 36/10k 24/10k in FL thanks. and how does one lease through Ally if car is at and owned by dealership?

Michaell

fastancurious said:

money factor and residual numbers on 2016 300s 36/10k 24/10k in FL thanks. and how does one lease through Ally if car is at and owned by dealership?

RWD or AWD?

Ally is just a different bank. Same process.

fastancurious

Ok thanks i will check out Ally. Do you know the money factor and residual numbers on 2016 300s at 36/10k and 24/10k in FL thanks.

Michaell

fastancurious said:

Ok thanks i will check out Ally. Do you know the money factor and residual numbers on 2016 300s at 36/10k and 24/10k in FL thanks.

RWD or AWD on the 300S?

fastancurious

sorry RWD 300S

Michaell

fastancurious said:

Ok thanks i will check out Ally. Do you know the money factor and residual numbers on 2016 300s at 36/10k and 24/10k in FL thanks.

fastancurious said:

sorry RWD 300S

24/10 - .00006 and 65%
36/10 - .00010 and 58%

fastancurious

Thank you

fastancurious

back at it gain...resid and $factor 2016 Chrysler 300 anniversary Limited Sedan RWD in FL for 36/10 and 36/12 mines well see the 24/10 and 24/12 as well thanks again

Michaell

fastancurious said:

back at it gain...resid and $factor 2016 Chrysler 300 anniversary Limited Sedan RWD in FL for 36/10 and 36/12 mines well see the 24/10 and 24/12 as well thanks again

24/12 - .00018 and 65%
36/12 - .00016 and 57%

Add 1% for 10K

fastancurious

money factors stay same on both 10k?

Michaell

fastancurious said:

money factors stay same on both 10k?

Yes, only the residual changes based on mileage.

fastancurious

interesting thanks again this should wrap it all up

rdxer

Can you please provide MF and residual for 300s AWD @ 36/10K via Chrysler Financial. Thank you.

Michaell

rdxer said:

Can you please provide MF and residual for 300s AWD @ 36/10K via Chrysler Financial. Thank you.

.00001 and 59%

rdxer

Thanks very much 

tirapell

June residual and money factor for 300S RWD (V8 HEMI option if that matters). 36mos/12,000 miles via Chrysler Financial. Thanks in advance!

Michaell

tirapell said:

June residual and money factor for 300S RWD (V8 HEMI option if that matters). 36mos/12,000 miles via Chrysler Financial. Thanks in advance!

.00010 and 58%

homerrulez

residual and money factor for

AWD 300C platinum

looking at a 50k msrp

thanks

Michaell

homerrulez said:

residual and money factor for

AWD 300C platinum

looking at a 50k msrp

thanks

What lease term? How many miles per year?

homerrulez

24 or 36 months
10k miles

kyfdx

homerrulez said:

residual and money factor for

AWD 300C platinum

looking at a 50k msrp

thanks

homerrulez said:

24 or 36 months
10k miles

.00022 MF and 59% residual
.00022 MF and 49% residual.

39/10: .00022 MF and 48% residual

marni_carter

Can you please provide the MF and residual factor for the 300s RWD for:

36/39/42 & 10,000 miles

We are in Texas if that matters. Thanks!

kyfdx

marni_carter said:

Can you please provide the MF and residual factor for the 300s RWD for:

36/39/42 & 10,000 miles

We are in Texas if that matters. Thanks!

.00010 MF and 59% residual for 36/10.

Neither 39 or 42 month numbers are viable.

marni_carter

Thank you for the info kyfdx! I have a few more questions...

1. So if the MF is .00010 to get the percentage multiply by 2400 correct? That is coming out to .24%. So Chrysler's interest rate/MF is less than 1% on the 300s? It just seems to strange to see that...

2. Does Chrysler have an acquisition fee and if so, what is it? And if there is one, its taxable correct?

3. Since we are in TX, we have to apply sales tax to the entire cost of the car. Do I apply that to the negotiated price of the car, or do I take out the incentives ($4200) and then calculate the sales tax based on that?

I am calculating the offer for the 2016 Chrysler 300s for my dad...36/10 lease. We are going to offer $41,060 and then it has $4200 in incentives that he qualifies for. MSRP (inc dest fee) is $43,545 so the residual would be $25,691.55. I'm just not sure where to put the acquisition fee if there is one. I've seen posts on here where the mods mention a lease calculation spreadsheet (in excel) but I scoured posts all last night and can't find any posts where it is included. Are you aware of this spreadsheet or where I can find it? It would sure make calculating this much easier. Plus being in Texas, most lease calculators don't put the tax on the top, where we have to apply it.

Any help you can give is appreciated. Thank you.

Marni

marni_carter

I just thought of another question...


He has a 300s to trade in, and its paid off. I told him to not put any money down on the lease, in case it is totaled. But I was reading last night about paying certain parts of a lease up front in cash so they are not taxable. Is there any part of a lease in TX that he should pay with cash to save money? And if he is not trading his car in toward the lease and applying the cash, he loses the trade in value right? Or does he still get a tax savings for the equity of the vehicle?

Thanks,
Marni

Michaell

marni_carter said:

Thank you for the info kyfdx! I have a few more questions...

1. So if the MF is .00010 to get the percentage multiply by 2400 correct? That is coming out to .24%. So Chrysler's interest rate/MF is less than 1% on the 300s? It just seems to strange to see that...

2. Does Chrysler have an acquisition fee and if so, what is it? And if there is one, its taxable correct?

3. Since we are in TX, we have to apply sales tax to the entire cost of the car. Do I apply that to the negotiated price of the car, or do I take out the incentives ($4200) and then calculate the sales tax based on that?

I am calculating the offer for the 2016 Chrysler 300s for my dad...36/10 lease. We are going to offer $41,060 and then it has $4200 in incentives that he qualifies for. MSRP (inc dest fee) is $43,545 so the residual would be $25,691.55. I'm just not sure where to put the acquisition fee if there is one. I've seen posts on here where the mods mention a lease calculation spreadsheet (in excel) but I scoured posts all last night and can't find any posts where it is included. Are you aware of this spreadsheet or where I can find it? It would sure make calculating this much easier. Plus being in Texas, most lease calculators don't put the tax on the top, where we have to apply it.

Any help you can give is appreciated. Thank you.

Marni

1. Yes, .00010 equates to .24%. Almost free money
2. $595 acquisition fee. I don't believe it is taxable
3. I believe it is on the negotiated price of the vehicle, before incentives. And, you pay sales tax on the incentives as well.

Here is the link to the article which shows you how to build your own lease calculator:

http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

marni_carter said:

I just thought of another question...

He has a 300s to trade in, and its paid off. I told him to not put any money down on the lease, in case it is totaled. But I was reading last night about paying certain parts of a lease up front in cash so they are not taxable. Is there any part of a lease in TX that he should pay with cash to save money? And if he is not trading his car in toward the lease and applying the cash, he loses the trade in value right? Or does he still get a tax savings for the equity of the vehicle?

Thanks,
Marni

You can have the dealer cut you a check for the equity in the trade in - it does make sense to pay the acquisition fee, dealer fee and taxes up front, so as not to subject them to the (very low) MF.

I don't know the tax implications in Texas for a trade in on a vehicle to be leased - you might check the website of the Texas Department of Revenue.

marni_carter

Ok, now I know I'm at least not crazy!! I'll definitely build my own calculator and check the TX Dept of Revenue. Thank you so much for the info!

kyfdx

marni_carter said:

Ok, now I know I'm at least not crazy!! I'll definitely build my own calculator and check the TX Dept of Revenue. Thank you so much for the info!

Acquisition fee is taxable in most states.

marni_carter

Ok, so did my calculations and would just love a review if you don't mind...

2016 Chrysler 300s
MSRP $43,545 Residual- 59%


Negotiated Price- $41,060
Acquisition Fee- $595.00
Total- $41,655
Sales Tax 6.25%- $2603.43
Total- $44,258.43
Title & License- $125.00
Total- $44,383.43
Less Incentives- $4,200.00
Total- $40,183.43 Cap Cost

Residual- $43,545 x .59= $25,691.55
Cap Cost less Residual- $14,491.88 / 36 mos= $402.55
Cap Cost + Residual= $65,874.55 x .00010 = $6.58
Monthly Payment- $402.55 + $6.58 = $409.16 monthly payment for 36 months

Look right to you?

Marni

Michaell

marni_carter said:

Ok, so did my calculations and would just love a review if you don't mind...

2016 Chrysler 300s
MSRP $43,545 Residual- 59%


Negotiated Price- $41,060
Acquisition Fee- $595.00
Total- $41,655
Sales Tax 6.25%- $2603.43
Total- $44,258.43
Title & License- $125.00
Total- $44,383.43
Less Incentives- $4,200.00
Total- $40,183.43 Cap Cost

Residual- $43,545 x .59= $25,691.55
Cap Cost less Residual- $14,491.88 / 36 mos= $402.55
Cap Cost + Residual= $65,874.55 x .00010 = $6.58
Monthly Payment- $402.55 + $6.58 = $409.16 monthly payment for 36 months

Look right to you?

Marni

My calculations are within pennies of what you show.

aoreilly88

Thank you to all who have helped especially moderators for making the car leasing process more transparent. I would like to share the deal I just wrapped up on a 2016 Chrysler 300s AWD. There are some amazing rebates this month for the 300s and dealers are trying to push these. I was able to get over 14,000 off MSRP with dealer discounts and rebates.

36 Months/ 10k miles per year $261.27 per month with $740.27 out of pocket for fees
MSRP: $ 42255
Sale Price: $ 37208.19
Cap cost reduction: Rebates: $9,500 + $370 (Told them wanted this for doc fee cost) = $9870
Net Cap Cost: $28033
Money Factor: 0.00110 (US bank, Higher MF but more rebates)
Residule Value: 50% ($21,128)
ZERO down payment
Paid fees upfront:
1) Title + Licence: $125
2) Doc fee: $354
3) First Payment: $261.27


2016 Chrysler 300s AWD
MSRP $ 42,255
Base Cap Cost $ 37,208
Dealer Acquisition Fee $ 695
Gross Capitalized Cost $ 37,903

Capitalized Cost Reductions
Down Payments $ 0
Rebates $ 9,870
Net Capitalized Cost $ 28,033

Lease Terms and Taxes
Residual Value $ 21,128
Money Factor 0.0011
Term of Lease 36
Sales Tax 6.3%

Calculation of Lease Cost
Depreciation $ 6,905.76
Finance or Rent Charge $ 1,946.77
Sales Tax on Lease $ 553.28
Total of All Payments $ 9,405.81


Calculation of Monthly Lease Payment
Monthly Lease Payment $ 245.90
Sales Tax on Lease Payment $ 15.37
Total Monthly Lease Payment $ 261.27

Thank you so much
Anthony O

Michaell

aoreilly88 said:

Thank you to all who have helped especially moderators for making the car leasing process more transparent. I would like to share the deal I just wrapped up on a 2016 Chrysler 300s AWD. There are some amazing rebates this month for the 300s and dealers are trying to push these. I was able to get over 14,000 off MSRP with dealer discounts and rebates.

36 Months/ 10k miles per year $261.27 per month with $740.27 out of pocket for fees
MSRP: $ 42255
Sale Price: $ 37208.19
Cap cost reduction: Rebates: $9,500 + $370 (Told them wanted this for doc fee cost) = $9870
Net Cap Cost: $28033
Money Factor: 0.00110 (US bank, Higher MF but more rebates)
Residule Value: 50% ($21,128)
ZERO down payment
Paid fees upfront:
1) Title + Licence: $125
2) Doc fee: $354
3) First Payment: $261.27


2016 Chrysler 300s AWD
MSRP $ 42,255
Base Cap Cost $ 37,208
Dealer Acquisition Fee $ 695
Gross Capitalized Cost $ 37,903

Capitalized Cost Reductions
Down Payments $ 0
Rebates $ 9,870
Net Capitalized Cost $ 28,033

Lease Terms and Taxes
Residual Value $ 21,128
Money Factor 0.0011
Term of Lease 36
Sales Tax 6.3%

Calculation of Lease Cost
Depreciation $ 6,905.76
Finance or Rent Charge $ 1,946.77
Sales Tax on Lease $ 553.28
Total of All Payments $ 9,405.81


Calculation of Monthly Lease Payment
Monthly Lease Payment $ 245.90
Sales Tax on Lease Payment $ 15.37
Total Monthly Lease Payment $ 261.27

Thank you so much
Anthony O

That is an amazing deal! Congrats and enjoy the new 300.