Howdy, Stranger!

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





Howdy, Stranger!

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

Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

2016 Dodge Challenger Lease Questions

124

Comments

  • MichaellMichaell ColoradoPosts: 124,685
    Ulare said:

    Could I get numbers on SRT 392 36/12 in Florida zip 34209?

    .00011 and 60%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Can I get the numbers on a scat pack, 48/10? Zip 21102

    Thanks!
  • kyfdxkyfdx Posts: 130,941
    jmill012 said:

    Can I get the numbers on a scat pack, 48/10? Zip 21102

    Thanks!

    Standard MF and 49% residual for 48/10

    36/10: .00122 MF and 57% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • ariazadariazad Newton, MAPosts: 5
    Can I please have the current Challenger Hellcat 2016 36/10K MF and RV for Massachusetts?
  • ariazadariazad Newton, MAPosts: 5
    Is it still 64% and .00007?  What are the FICO requirements for that MF?
  • MichaellMichaell ColoradoPosts: 124,685
    ariazad said:

    Is it still 64% and .00007?  What are the FICO requirements for that MF?

    Those numbers are still correct.

    We don't have the scores necessary to qualify for that MF.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Can I please have the current Challenger Hellcat 2016 36/12K MF and RV. Zip 43054.
  • kyfdxkyfdx Posts: 130,941

    Can I please have the current Challenger Hellcat 2016 36/12K MF and RV. Zip 43054.

    43054? You aren't Leslie Wexner, are you? ;)

    .00007 MF and 63% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx said:

    Can I please have the current Challenger Hellcat 2016 36/12K MF and RV. Zip 43054.

    43054? You aren't Leslie Wexner, are you? ;)

    .00007 MF and 63% residual
    No but I work for him :). He just picked up a new Bentayga I don't think MF was an issue lol.

    Thank you Sir!

    I was quoted %.0007 for the money factor and they mentioned there was no markup on it...
  • kyfdxkyfdx Posts: 130,941

    kyfdx said:

    Can I please have the current Challenger Hellcat 2016 36/12K MF and RV. Zip 43054.

    43054? You aren't Leslie Wexner, are you? ;)

    .00007 MF and 63% residual
    No but I work for him :). He just picked up a new Bentayga I don't think MF was an issue lol.

    Thank you Sir!

    I was quoted %.0007 for the money factor and they mentioned there was no markup on it...
    I definitely show .00007.
    The maximum markup on a Chrysler Capital lease is .00042, so if they actually show .00070, then it's possible that the number is different in your region (or, they just left out a zero).

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hello,

    Can someone please provide me with the residual values and money factors for a Challenger Hellcat 36/10k and 36/12k zip code 08012.

    Thanks
  • MichaellMichaell ColoradoPosts: 124,685
    lennyimpo said:

    Hello,

    Can someone please provide me with the residual values and money factors for a Challenger Hellcat 36/10k and 36/12k zip code 08012.

    Thanks

    64% / 63% and .00007

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Looking at a 2016 Challenger Scat Pack Shaker 36/10 and here are the numbers they gave me for zip 60053:

    MSRP: $50,865
    Sale price: $45,000,
    Additional Rebates: $3889
    MF .00140
    Residual 58%

    $1,000 down $484.32/mo including tax title and doc fees ($2079.15 total)

    I don't know enough about leases to feel confident I'm getting a good deal. 

    Any ideas where I can save some money?
  • MichaellMichaell ColoradoPosts: 124,685
    edited February 2017
    plee7677 said:

    Looking at a 2016 Challenger Scat Pack Shaker 36/10 and here are the numbers they gave me for zip 60053:

    MSRP: $50,865
    Sale price: $45,000,
    Additional Rebates: $3889
    MF .00140
    Residual 58%

    $1,000 down $484.32/mo including tax title and doc fees ($2079.15 total)

    I don't know enough about leases to feel confident I'm getting a good deal. 

    Any ideas where I can save some money?

    I show .00122 and 57% from Chrysler Finance. This looks like a third party lease.

    I get $421/mo before tax using your numbers ($41,111 as the cap cost, after the rebate).

    What state is this?

    What is the adjusted cap cost?

    What is the full breakdown of the $2079 due at signing.

    The only variables in a lease are the selling price and the MF - but, since we don't have any numbers except for Chrysler, I can't tell you if the .00140 is marked up or not.

    All that said, $484/mo on a $51K car is not bad, if the other details check out.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:
    Looking at a 2016 Challenger Scat Pack Shaker 36/10 and here are the numbers they gave me for zip 60053:

    MSRP: $50,865
    Sale price: $45,000,
    Additional Rebates: $3889
    MF .00140
    Residual 58%

    $1,000 down $484.32/mo including tax title and doc fees ($2079.15 total)

    I don't know enough about leases to feel confident I'm getting a good deal. 

    Any ideas where I can save some money?
    I show .00122 and 57% from Chrysler Finance. This looks like a third party lease. I get $421/mo before tax using your numbers ($41,111 as the cap cost, after the rebate). What state is this? What is the adjusted cap cost? What is the full breakdown of the $2079 due at signing. The only variables in a lease are the selling price and the MF - but, since we don't have any numbers except for Chrysler, I can't tell you if the .00140 is marked up or not. All that said, $484/mo on a $51K car is not bad, if the other details check out.
    Thanks for the response. This is in Illinois. Breakdown is $1686 in taxes, $221 govt fees, 172.15 doc fee. There's also a separate $595 lease acquisition fee. 

    Im unsure of how to calculate adjusted cap cost as it's not listed, but I would imagine it's 45000+2079.15-4889=$42190.15. 

    Sorry im not much help
  • plee7677 said:
    Michaell said:
    Looking at a 2016 Challenger Scat Pack Shaker 36/10 and here are the numbers they gave me for zip 60053:

    MSRP: $50,865
    Sale price: $45,000,
    Additional Rebates: $3889
    MF .00140
    Residual 58%

    $1,000 down $484.32/mo including tax title and doc fees ($2079.15 total)

    I don't know enough about leases to feel confident I'm getting a good deal. 

    Any ideas where I can save some money?
    I show .00122 and 57% from Chrysler Finance. This looks like a third party lease. I get $421/mo before tax using your numbers ($41,111 as the cap cost, after the rebate). What state is this? What is the adjusted cap cost? What is the full breakdown of the $2079 due at signing. The only variables in a lease are the selling price and the MF - but, since we don't have any numbers except for Chrysler, I can't tell you if the .00140 is marked up or not. All that said, $484/mo on a $51K car is not bad, if the other details check out.
    Thanks for the response. This is in Illinois. Breakdown is $1686 in taxes, $221 govt fees, 172.15 doc fee. There's also a separate $595 lease acquisition fee. 

    Im unsure of how to calculate adjusted cap cost as it's not listed, but I would imagine it's 45000+2079.15-4889=$42190.15. 

    Sorry im not much help

  • kyfdxkyfdx Posts: 130,941
    That sheet is very helpful. Too bad you don't have the second sheet that shows the adjusted CAP cost and the payment, etc..

    The way that is set up, you'd think that only the $1000 is due at signing.

    In fact, if I add up all of the charges, taxes and fees, plus selling price, plus first payment, then subtract the $4889 working cash, I get $484/mo. (That's with just $1000 upfront)

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • abishekkabishekk Posts: 2
    Can i have MF and residual 2016 Challenger SCAT pack, 2016 Challenger SRT 392, and 2016 Challenger Hellcat. All 36 months and 10K miles per year

    Thanks
  • kyfdxkyfdx Posts: 130,941
    abishekk said:

    Can i have MF and residual 2016 Challenger SCAT pack, 2016 Challenger SRT 392, and 2016 Challenger Hellcat. All 36 months and 10K miles per year

    Thanks

    R/T Scat Pack: .00183 MF and 61% residual
    SRT 392: .00011 MF and 61% residual
    Hellcat: .00007 MF and 64% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Could I get the March MF and residual on 2016 Challenger Scat Manual for 36 months 12k and 15k lease please? Im in Florida. Also, any info on lease cash would be great too. Thanks!
  • kyfdxkyfdx Posts: 130,941

    Could I get the March MF and residual on 2016 Challenger Scat Manual for 36 months 12k and 15k lease please? Im in Florida. Also, any info on lease cash would be great too. Thanks!

    R/T Scat Pack: .00183 MF and 60%/58% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx said:

    Could I get the March MF and residual on 2016 Challenger Scat Manual for 36 months 12k and 15k lease please? Im in Florida. Also, any info on lease cash would be great too. Thanks!

    R/T Scat Pack: .00183 MF and 60%/58% residual
    Thank you very much for the crazy fast response! This is for 2016? Looks like the residuals went up from last month which is great!
  • MichaellMichaell ColoradoPosts: 124,685

    kyfdx said:

    Could I get the March MF and residual on 2016 Challenger Scat Manual for 36 months 12k and 15k lease please? Im in Florida. Also, any info on lease cash would be great too. Thanks!

    R/T Scat Pack: .00183 MF and 60%/58% residual
    Thank you very much for the crazy fast response! This is for 2016? Looks like the residuals went up from last month which is great!
    Confirm these are the correct 2016 numbers

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mgonz1990mgonz1990 Posts: 10
    Hi guys! Can I get the residual and MF for a 2016 Dodge Challenger Hellcat lease for 36 month @ 15k miles in South Florida? Thank you!!
  • MichaellMichaell ColoradoPosts: 124,685
    mgonz1990 said:

    Hi guys! Can I get the residual and MF for a 2016 Dodge Challenger Hellcat lease for 36 month @ 15k miles in South Florida? Thank you!!

    .00007 and 61%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • jay_c_nnjjay_c_nnj Posts: 12
    In the process of negotiating price on 2016 SRT. Everything was going well then I sent the dealer other listed vehicles at a much better price and asked if they could compete then I get this response. 
    "It's not possible to lease a 2016 anymore. They discontinued the leasing programs on majority of 2016 vehicles. Would you be interested in a 2017 or would you want to finance?"

    is this legit or just bad sales tactic?

  • MichaellMichaell ColoradoPosts: 124,685
    jay_c_nnj said:

    In the process of negotiating price on 2016 SRT. Everything was going well then I sent the dealer other listed vehicles at a much better price and asked if they could compete then I get this response. 
    "It's not possible to lease a 2016 anymore. They discontinued the leasing programs on majority of 2016 vehicles. Would you be interested in a 2017 or would you want to finance?"

    is this legit or just bad sales tactic?

    Likely the latter. We have lease numbers on the 2016's. Check with another dealer - only takes one to meet your numbers.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • jay_c_nnjjay_c_nnj Posts: 12
    That's what I told them. I've had offers from multiple dealers in the past few days all on 2016's. He says they're wrong it must be 2017. Told him to stop playing games and wasting my time. 

    Thanks for the quick reply Michaell!
  • Never leased before but looking to lease one of the following...36m/12k year..zip code 79016

    2016 Scat Pack Shaker
    2016 Charger Hellcat
    2017 Challenger T/A 392

    hope to have a deal sheet in hand today for review here.  
  • kyfdxkyfdx Posts: 130,941

    Never leased before but looking to lease one of the following...36m/12k year..zip code 79016

    2016 Scat Pack Shaker
    2016 Charger Hellcat
    2017 Challenger T/A 392

    hope to have a deal sheet in hand today for review here.  

    2016 Scat Pack Shaker
    .00183 MF and 58% residual
    2016 Charger Hellcat
    .00007 MF and 63% residual
    2017 Challenger T/A 392
    .00211 MF and 59% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Dealer is looking for a Challenger T/A in the region that is in transit.  Apparently they say there are none in inventory within 300 miles.  They were no where even close on the 2016 Hellcat.  Wanted over sticker......
  • redls1redls1 Posts: 37
    Im looking at this ,

    48,755.00
    Discount 500.00
    Rebate 4,500.00
    Adjusted Price 43,755.00
    Wheel Locks 199.00
    Total Purchase 43,954.00
    Trade Allowance
    Trade Difference 43,954.00
    Doc Fee 599.00
    Non Tax Fees 67.00
    Net Price 44,620.00
    Trade Payoff
    Balance 44,620.00
    The residual on 48 months at 12k/miles per year is 59% or $28,765. Money factor is .00150 I live in zipcode 37128. Is this decent?
  • MichaellMichaell ColoradoPosts: 124,685
    redls1 said:

    Im looking at this ,

    48,755.00
    Discount 500.00
    Rebate 4,500.00
    Adjusted Price 43,755.00
    Wheel Locks 199.00
    Total Purchase 43,954.00
    Trade Allowance
    Trade Difference 43,954.00
    Doc Fee 599.00
    Non Tax Fees 67.00
    Net Price 44,620.00
    Trade Payoff
    Balance 44,620.00
    The residual on 48 months at 12k/miles per year is 59% or $28,765. Money factor is .00150 I live in zipcode 37128. Is this decent?

    Remind us what trim this is for?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • redls1redls1 Posts: 37
    2016 Dodge Challenger R/T Scat Pack Coupe,

    R/T SCAT PACK 6.4L HEMI V8 Package 24G
    Leather Interior Group $1,695
    Suede/Nappa Leather High Performance Seats w/Logo
    Heated Front Seats
    Ventilated Front Seats
    Heated Steering Wheel
    Power Tilt / Telescope Steering Column
    Hectic Mesh Interior Bezels
    Driver Convenience Group $795
    Blind Spot and Rear Cross Path Detection
    Remote Start System
    Universal Garage Door Opener
    Harman Kardon® Premium Sound Group $1,595
    18 Speakers Premium Audio System with 2 Subwoofer
    Harman Kardon® GreenEdge® Amplifier
    Scat Pack Appearance Group $1,195
    Suede/Nappa Leather High Performance Seats
    Premium Cloth High Performance Seats
    Leather Performance Steering Wheel
    Scat Pack Bumblebee Stripe
    Satin Black Fuel Filler Door
    High Intensity Discharge Headlamps
    Gloss-Black Grille
    TorqueFlite® 8-Speed Automatic Transmission $1,400
    AutoStick® Automatic Transmission
    Steering Wheel Paddle Shifters
    Power Sunroof $1,195
    Uconnect® 8.4 NAV $795
    GPS Navigation
    HD® Radio
    SiriusXM Traffic / 5-Yr Traffic Subscription
    SiriusXM Travel Link 5-Yr Travel Link Subscription
    245/45ZR20 3-Season Performance Tires
    20-Inch x 9-Inch Hyper Black II Forged Alum Wheels $1,095
  • MichaellMichaell ColoradoPosts: 124,685
    redls1 said:

    2016 Dodge Challenger R/T Scat Pack Coupe,

    R/T SCAT PACK 6.4L HEMI V8 Package 24G
    Leather Interior Group $1,695
    Suede/Nappa Leather High Performance Seats w/Logo
    Heated Front Seats
    Ventilated Front Seats
    Heated Steering Wheel
    Power Tilt / Telescope Steering Column
    Hectic Mesh Interior Bezels
    Driver Convenience Group $795
    Blind Spot and Rear Cross Path Detection
    Remote Start System
    Universal Garage Door Opener
    Harman Kardon® Premium Sound Group $1,595
    18 Speakers Premium Audio System with 2 Subwoofer
    Harman Kardon® GreenEdge® Amplifier
    Scat Pack Appearance Group $1,195
    Suede/Nappa Leather High Performance Seats
    Premium Cloth High Performance Seats
    Leather Performance Steering Wheel
    Scat Pack Bumblebee Stripe
    Satin Black Fuel Filler Door
    High Intensity Discharge Headlamps
    Gloss-Black Grille
    TorqueFlite® 8-Speed Automatic Transmission $1,400
    AutoStick® Automatic Transmission
    Steering Wheel Paddle Shifters
    Power Sunroof $1,195
    Uconnect® 8.4 NAV $795
    GPS Navigation
    HD® Radio
    SiriusXM Traffic / 5-Yr Traffic Subscription
    SiriusXM Travel Link 5-Yr Travel Link Subscription
    245/45ZR20 3-Season Performance Tires
    20-Inch x 9-Inch Hyper Black II Forged Alum Wheels $1,095

    This looks like a third party lease - I show standard MF of .00270 and 52% from Chrysler Capital for 48/12.

    With your numbers and prices, I get $440/mo before tax.

    What payment is the dealer quoting you?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • redls1redls1 Posts: 37
    edited March 2017
    Was quoted $490 with taxes etc.
  • redls1redls1 Posts: 37
    Is there anything wrong with third party lease?
  • MichaellMichaell ColoradoPosts: 124,685
    redls1 said:

    Is there anything wrong with third party lease?

    3rd party lease companies don't expect repeat business, so you may get hit with higher than normal end of lease charges.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 124,685
    redls1 said:

    Was quoted $490 with taxes etc.

    I would confirm the adjusted cap cost the dealer is using to get that payment.

    What state and tax rate is this?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • redls1redls1 Posts: 37
    This is what Im coming up with,

    Sales tax will be collected on the purchase price of the vehicle less trade-in if any (net price).
    Net price = (Purchase Price) minus trade-in.

    Net Price Sales Tax Rates Marginal Rate Sales Tax Calculation
    $0 to $1600 7% State Tax Rate + 2.25% county 9.25% (net price) * 9.25%
    $1600 - $3200 7% State Tax Rate + 2.75% fixed rate 9.75% $148 + (net price - $1600) * 9.75%
    above $3200 7% State Tax Rate 7.00% $304 + (net price - $3200) * 7.00%
  • MichaellMichaell ColoradoPosts: 124,685
    redls1 said:

    This is what Im coming up with,

    Sales tax will be collected on the purchase price of the vehicle less trade-in if any (net price).
    Net price = (Purchase Price) minus trade-in.

    Net Price Sales Tax Rates Marginal Rate Sales Tax Calculation
    $0 to $1600 7% State Tax Rate + 2.25% county 9.25% (net price) * 9.25%
    $1600 - $3200 7% State Tax Rate + 2.75% fixed rate 9.75% $148 + (net price - $1600) * 9.75%
    above $3200 7% State Tax Rate 7.00% $304 + (net price - $3200) * 7.00%

    What state is this?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • redls1redls1 Posts: 37
    Adjusted cap cost is $45,900
  • MichaellMichaell ColoradoPosts: 124,685
    redls1 said:

    Adjusted cap cost is $45,900

    That gives me a payment of $469/mo, before tax.

    Assuming the tax rate is 9.25%, then the total payment is $512/mo

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • redls1redls1 Posts: 37
    Hmm he said $490 with just first payment down. Talking to finance manager tomorrow. It was through US Bank with disposition fee of $400. I know a 48 month lease but if the numbers stay the same a decent deal?
  • MichaellMichaell ColoradoPosts: 124,685
    redls1 said:

    Hmm he said $490 with just first payment down. Talking to finance manager tomorrow. It was through US Bank with disposition fee of $400. I know a 48 month lease but if the numbers stay the same a decent deal?

    If you're comfortable with the size of the discount from sticker, then everything else looks OK

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • redls1redls1 Posts: 37
    On opinion what would be considered a reasonable discount or the best I could do?
  • MichaellMichaell ColoradoPosts: 124,685
    redls1 said:

    On opinion what would be considered a reasonable discount or the best I could do?

    We don't track selling price - use the 'make / model / year' pull downs at the top of the screen to link to the price tools.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • redls1redls1 Posts: 37
    edited March 2017
    Im trying to do a lease worksheet to better understand the numbers and not sure how we are coming to a payment of this. Can you help? This is a dealership in Ky and I live in Tn and I was going to drive up there and do the deal and drive home. A dealer here said they could get the car for the same price and figured hey its better than driving. They said they couldnt come close to the numbers of $490 (or $512) for 48 months no money down 12k a year. Maybe they cant go through the same third party lease company but before I drive or fly all that way want to make sure the numbers are even possible and not get a surprise.
  • MichaellMichaell ColoradoPosts: 124,685
    redls1 said:

    Im trying to do a lease worksheet to better understand the numbers and not sure how we are coming to a payment of this. Can you help? This is a dealership in Ky and I live in Tn and I was going to drive up there and do the deal and drive home. A dealer here said they could get the car for the same price and figured hey its better than driving. They said they couldnt come close to the numbers of $490 (or $512) for 48 months no money down 12k a year. Maybe they cant go through the same third party lease company but before I drive or fly all that way want to make sure the numbers are even possible and not get a surprise.

    This link should help:

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

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • redls1redls1 Posts: 37
    After redoing the worksheet it seems to come out to that. How are they rolling everything but first payment in? A local dealer wont touch it , is that because they would lose more money or not the same financing company?
Sign In or Register to comment.