2017 Dodge Challenger Lease Deals and Prices

nach211

Sorry about that. MSRP 38385

invoice pricing minus 1k lease conquest. 595 acq

Michaell

nach211 said:

Sorry about that. MSRP 38385

invoice pricing minus 1k lease conquest. 595 acq

So the cap cost is what?

nach211

36500 after 1k rebate

Michaell

nach211 said:

36500 after 1k rebate

$410/mo plus tax for 36/10 with those prices.

nach211

New car this time would love a payment estimate on this please. I'm at the dealer

zip is 33458

2017 challenger rt plus with nav auto blacktop and 28a

msrp 39875

selling price 35500

36/10

can I Please get some payment numbers?

thanks for all your help!

Michaell

nach211 said:

New car this time would love a payment estimate on this please. I'm at the dealer

zip is 33458

2017 challenger rt plus with nav auto blacktop and 28a

msrp 39875

selling price 35500

36/10

can I Please get some payment numbers?

thanks for all your help!

.00078 and 61%

With your prices, I get $357/mo before tax.

charger17

Hi, can you please tell me the money factor and residual value for Scat Pack. Also, is there a difference in residual value for an automatic vs manual? 12k miles and 15k miles. Last, what credit tiers qualify for the best Money Factor? Thanking you in advance

Sorry: Orange County, California zip: 90630

Michaell

charger17 said:

Hi, can you please tell me the money factor and residual value for Scat Pack. Also, is there a difference in residual value for an automatic vs manual? 12k miles and 15k miles. Last, what credit tiers qualify for the best Money Factor? Thanking you in advance

Sorry: Orange County, California zip: 90630

.00211 and 66% / 64%

Subtract 2% for manual transmission.

We don't have the specific scores from Chrysler to qualify for tier 1. For other brands, it is 700 or 720.

charger17

Thank you.
i do have one more question, in looking at the dodge website, when you "build your car", on the summary page, it is showing an interest rate of 
'  .506  '   Wouldn't that be a money factor of .0002108?

.000506 / 24 = .0002108

Your stating
.00211 x 24 = 5.06%

Thank you again for your assistance on this!

kyfdx

charger17 said:

Thank you.
i do have one more question, in looking at the dodge website, when you "build your car", on the summary page, it is showing an interest rate of 
'  .506  '   Wouldn't that be a money factor of .0002108?

.000506 / 24 = .0002108

Your stating
.00211 x 24 = 5.06%

Thank you again for your assistance on this!

Can't tell you what the numbers on the Dodge website mean.

The numbers above were for 36 months.

charger17

So, the interest rate is 5.06% on the Scat?

thanks again

Michaell

charger17 said:

So, the interest rate is 5.06% on the Scat?

thanks again

Yep.

loudone2112

Can I please have the numbers for a 2017 Hellcat in Chicago?

Michaell

loudone2112 said:

Can I please have the numbers for a 2017 Hellcat in Chicago?

.00015 and 60% for 36/15

loudone2112

Thanks Michaell,
How is Tax levied in Illinois, on the monthly lease payment, on the sales price upfront or on the total lease payment upfront? I am hoping I can roll in the taxes to my lease payment. Hoping for a minimal drive off situation.

Finally, does Dodge/Chrysler consider a FICO of 688 1st or 2nd tier, how will this impact MF & Residual?

Joe

Michaell

loudone2112 said:

Thanks Michaell,
How is Tax levied in Illinois, on the monthly lease payment, on the sales price upfront or on the total lease payment upfront? I am hoping I can roll in the taxes to my lease payment. Hoping for a minimal drive off situation.

Finally, does Dodge/Chrysler consider a FICO of 688 1st or 2nd tier, how will this impact MF & Residual?

Joe

I believe IL changed their lease tax laws a few years ago. They now tax the sum of the monthly payments, and collects that money up front. You have the choice to add the tax amount to the cap cost (which is our recommendation), but recognize that you'll be paying interest on that amount.

We don't have the score thresholds for Chrysler to determine the credit tier.

Add .00021 for tier 2
Add .00060 for tier 3

jay_c_nnj

Can I please have the numbers for 2017 SRT in NJ?

Michaell

jay_c_nnj said:

Can I please have the numbers for 2017 SRT in NJ?

What lease term and how many miles per year?

jay_c_nnj

sorry. 36/10 and 36/12 if possible

Michaell

jay_c_nnj said:

sorry. 36/10 and 36/12 if possible

.00003 and 60% / 59%

jay_c_nnj

Thanks Michaell.

Bit of a newbie question here but when negotiating with a dealer and I reference these MF's where am I saying they are coming from? is this directly through Dodge?

Michaell

jay_c_nnj said:

Thanks Michaell.

Bit of a newbie question here but when negotiating with a dealer and I reference these MF's where am I saying they are coming from? is this directly through Dodge?

You don't negotiate the MF - you politely tell them you won't sign a deal where the MF is marked up. They know the base rates.

Our sources are confidential, but accurate.

jay_c_nnj

ok got it....thank you!

dre210

Can I please have the Residual and MF for 2017 Challenger GT, RT, and Hellcat?

24m/10k?

kyfdx

dre210 said:

Can I please have the Residual and MF for 2017 Challenger GT, RT, and Hellcat?

24m/10k?

GT: .00015 MF and 70% residual
RT: .00009 MF and 72% residual
HC: .00017 MF and 72% residual

jfaraday

Can I get the MF and Residual on a 2017 Dodge Challenger R/T 392 in the SF Bay Area, 24/36/48 and 10k? Thanks.

kyfdx

jfaraday said:

Can I get the MF and Residual on a 2017 Dodge Challenger R/T 392 in the SF Bay Area, 24/36/48 and 10k? Thanks.

I show an SRT 392 and a T/A 392.

Think it's either one of those?

I have five different R/T models, but none have the 392 designation.

jfaraday

Sorry I just copied the title on the listing. 

It's an R/T with the 392 Hemi Scat Pack Shaker package. 

Michaell

kyfdx said:

jfaraday said:

Can I get the MF and Residual on a 2017 Dodge Challenger R/T 392 in the SF Bay Area, 24/36/48 and 10k? Thanks.

I show an SRT 392 and a T/A 392.

Think it's either one of those?

I have five different R/T models, but none have the 392 designation.

jfaraday said:

Sorry I just copied the title on the listing. 

It's an R/T with the 392 Hemi Scat Pack Shaker package. 

24/10 - .00223 and 74%
36/10 - .00211 and 67%

48 months are not viable

jfaraday

Thank you. I've seen much lower MF numbers mentioned on the R/T models. Can you tell me if this is because of the additional package, location, or both?

Michaell

jfaraday said:

Thank you. I've seen much lower MF numbers mentioned on the R/T models. Can you tell me if this is because of the additional package, location, or both?

This is for the Hemi Scat Pack Shaker trim. The Scat Pack has the same numbers; other R/T trims have much lower MF, but lower residuals as well.

hondafan14

Can I please get numbers for a Challenger GT in NJ for 24/10K/12K/15K. I would appreciate if you could tell me which terms are best (24/36) and what kind of a selling price should I target at given the rebates and dealer markups.

Michaell

hondafan14 said:

Can I please get numbers for a Challenger GT in NJ for 24/10K/12K/15K. I would appreciate if you could tell me which terms are best (24/36) and what kind of a selling price should I target at given the rebates and dealer markups.

.00015 for either 24 or 36 months

68% for 24/15; add 1% for 12K or 2% for 10K
59% for 36/15; add 2% for 12K or 3% for 10K

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

hondafan14

Michaell said:

hondafan14 said:

Can I please get numbers for a Challenger GT in NJ for 24/10K/12K/15K. I would appreciate if you could tell me which terms are best (24/36) and what kind of a selling price should I target at given the rebates and dealer markups.

.00015 for either 24 or 36 months

68% for 24/15; add 1% for 12K or 2% for 10K
59% for 36/15; add 2% for 12K or 3% for 10K

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

Thanks! Much appreciated.

smolniy74

May I please have MF and residual % for the following variants of 2017 Challenger.
All for 36-month lease with 12,000 miles per year.
Are there any hidden costs such as an acquisition fee or any other junk fees?
If I recall correctly, in NC sales tax is added to the monthly payment, is that still valid?
Thanks in advance

R/T
T/A
R/T Scat Pack
T/A 392

Michaell

smolniy74 said:

May I please have MF and residual % for the following variants of 2017 Challenger.
All for 36-month lease with 12,000 miles per year.
Are there any hidden costs such as an acquisition fee or any other junk fees?
If I recall correctly, in NC sales tax is added to the monthly payment, is that still valid?
Thanks in advance

R/T
T/A
R/T Scat Pack
T/A 392

The numbers I quote expire at the end of the day today; new program to be introduced tomorrow

RT - .00015 and 63%
TA - .00015 and 59%
RT Scat Pack - .00211 and 67%
TA 392 - .00211 and 59%

smolniy74

Will you please be so kind to update it for April?
R/T SCAT PACK 36 month lease 36,000 miles
MF
Residual

kyfdx

smolniy74 said:

Will you please be so kind to update it for April?
R/T SCAT PACK 36 month lease 36,000 miles
MF
Residual

Standard MF (.00211, this month) and 67% residual

ecuaherra

Went to the dealership to see a 2017 Dodge Challenger GT with additional packages. Here is the info on the lease amount they gave me:

MSRP: $38,765
Rebates: $4,500
Price After Rebates: $34,265
Trade In Value: $10,000
Owed on Trade: $12,626
Down Payment: $3,000

State: NJ
Lease Length: 48/12
Lease/Month: $425

Is this a good deal or would I be overpaying?

Please let me know when you can.

Michaell

ecuaherra said:

Went to the dealership to see a 2017 Dodge Challenger GT with additional packages. Here is the info on the lease amount they gave me:

MSRP: $38,765
Rebates: $4,500
Price After Rebates: $34,265
Trade In Value: $10,000
Owed on Trade: $12,626
Down Payment: $3,000

State: NJ
Lease Length: 48/12
Lease/Month: $425

Is this a good deal or would I be overpaying?

Please let me know when you can.

No discount from sticker, aside from the incentives?

48 months is not a good lease term - standard residual and 49%

36/12 is .00015 and 61%

The $2600 negative equity would add $54/mo for 48 months or $72/mo for 36 months.

ecuaherra

Michaell said:

Went to the dealership to see a 2017 Dodge Challenger GT with additional packages. Here is the info on the lease amount they gave me:

MSRP: $38,765
Rebates: $4,500
Price After Rebates: $34,265
Trade In Value: $10,000
Owed on Trade: $12,626
Down Payment: $3,000

State: NJ
Lease Length: 48/12
Lease/Month: $425

Is this a good deal or would I be overpaying?

Please let me know when you can.

No discount from sticker, aside from the incentives? 48 months is not a good lease term - standard residual and 49% 36/12 is .00015 and 61% The $2600 negative equity would add $54/mo for 48 months or $72/mo for 36 months.

Nothing I can do about the negative equity. Taxes and fees were added to the end of the sales price too.Would you advise switching to a 36/12 lease for a bit more per month? I'm not too savvy with knowing a good lease amount despite knowing MF and Residual numbers. Could I still get 36/12 for the same lease amount offered? Sorry for the trouble.

Michaell

ecuaherra said:

Michaell said:

ecuaherra said:

Went to the dealership to see a 2017 Dodge Challenger GT with additional packages. Here is the info on the lease amount they gave me:

MSRP: $38,765
Rebates: $4,500
Price After Rebates: $34,265
Trade In Value: $10,000
Owed on Trade: $12,626
Down Payment: $3,000

State: NJ
Lease Length: 48/12
Lease/Month: $425

Is this a good deal or would I be overpaying?

Please let me know when you can.

No discount from sticker, aside from the incentives?

48 months is not a good lease term - standard residual and 49%

36/12 is .00015 and 61%

The $2600 negative equity would add $54/mo for 48 months or $72/mo for 36 months.

Nothing I can do about the negative equity. Taxes and fees were added to the end of the sales price too.Would you advise switching to a 36/12 lease for a bit more per month? I'm not too savvy with knowing a good lease amount despite knowing MF and Residual numbers. Could I still get 36/12 for the same lease amount offered? Sorry for the trouble.

I would negotiate a discount from sticker, before applying the incentive.

Use this link to build your own lease calculator:

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

ecuaherra

Michaell said:

ecuaherra said:

Michaell said:

ecuaherra said:

Went to the dealership to see a 2017 Dodge Challenger GT with additional packages. Here is the info on the lease amount they gave me:

MSRP: $38,765
Rebates: $4,500
Price After Rebates: $34,265
Trade In Value: $10,000
Owed on Trade: $12,626
Down Payment: $3,000

State: NJ
Lease Length: 48/12
Lease/Month: $425

Is this a good deal or would I be overpaying?

Please let me know when you can.

No discount from sticker, aside from the incentives?

48 months is not a good lease term - standard residual and 49%

36/12 is .00015 and 61%

The $2600 negative equity would add $54/mo for 48 months or $72/mo for 36 months.

Nothing I can do about the negative equity. Taxes and fees were added to the end of the sales price too.Would you advise switching to a 36/12 lease for a bit more per month? I'm not too savvy with knowing a good lease amount despite knowing MF and Residual numbers. Could I still get 36/12 for the same lease amount offered? Sorry for the trouble.

I would negotiate a discount from sticker, before applying the incentive.

Use this link to build your own lease calculator:

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

Thank you for the help, one last question if that is okay. Does my credit rating change the MF that I should be getting on the car?

Michaell

ecuaherra said:

Michaell said:

ecuaherra said:

Michaell said:

ecuaherra said:

Went to the dealership to see a 2017 Dodge Challenger GT with additional packages. Here is the info on the lease amount they gave me:

MSRP: $38,765
Rebates: $4,500
Price After Rebates: $34,265
Trade In Value: $10,000
Owed on Trade: $12,626
Down Payment: $3,000

State: NJ
Lease Length: 48/12
Lease/Month: $425

Is this a good deal or would I be overpaying?

Please let me know when you can.

No discount from sticker, aside from the incentives?

48 months is not a good lease term - standard residual and 49%

36/12 is .00015 and 61%

The $2600 negative equity would add $54/mo for 48 months or $72/mo for 36 months.

Nothing I can do about the negative equity. Taxes and fees were added to the end of the sales price too.Would you advise switching to a 36/12 lease for a bit more per month? I'm not too savvy with knowing a good lease amount despite knowing MF and Residual numbers. Could I still get 36/12 for the same lease amount offered? Sorry for the trouble.

I would negotiate a discount from sticker, before applying the incentive.

Use this link to build your own lease calculator:

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

Thank you for the help, one last question if that is okay. Does my credit rating change the MF that I should be getting on the car?

Yes, credit score affects the MF.

ecuaherra

Michaell said:

ecuaherra said:

Michaell said:

ecuaherra said:

Michaell said:

ecuaherra said:

Went to the dealership to see a 2017 Dodge Challenger GT with additional packages. Here is the info on the lease amount they gave me:

MSRP: $38,765
Rebates: $4,500
Price After Rebates: $34,265
Trade In Value: $10,000
Owed on Trade: $12,626
Down Payment: $3,000

State: NJ
Lease Length: 48/12
Lease/Month: $425

Is this a good deal or would I be overpaying?

Please let me know when you can.

No discount from sticker, aside from the incentives?

48 months is not a good lease term - standard residual and 49%

36/12 is .00015 and 61%

The $2600 negative equity would add $54/mo for 48 months or $72/mo for 36 months.

Nothing I can do about the negative equity. Taxes and fees were added to the end of the sales price too.Would you advise switching to a 36/12 lease for a bit more per month? I'm not too savvy with knowing a good lease amount despite knowing MF and Residual numbers. Could I still get 36/12 for the same lease amount offered? Sorry for the trouble.

I would negotiate a discount from sticker, before applying the incentive.

Use this link to build your own lease calculator:

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

Thank you for the help, one last question if that is okay. Does my credit rating change the MF that I should be getting on the car?

Yes, credit score affects the MF.



Okay, I figured but was not sure.

I talked to the dealership again and they say the residual is 50% on 36 months. How do I tell them to come up to 61% as you mentioned?

smolniy74

I was told by a dealer that none of the rebates apply when you lease.
Is there a list of standard rebates (not a realtor, vet, recent college grad)
I see on dodge.com that the rebates are only 500 when you lease.

Please confirm, South East by the way.

Thanks.

Michaell

ecuaherra said:

Michaell said:

ecuaherra said:

Michaell said:

ecuaherra said:

Michaell said:

ecuaherra said:

Went to the dealership to see a 2017 Dodge Challenger GT with additional packages. Here is the info on the lease amount they gave me:

MSRP: $38,765
Rebates: $4,500
Price After Rebates: $34,265
Trade In Value: $10,000
Owed on Trade: $12,626
Down Payment: $3,000

State: NJ
Lease Length: 48/12
Lease/Month: $425

Is this a good deal or would I be overpaying?

Please let me know when you can.

No discount from sticker, aside from the incentives?

48 months is not a good lease term - standard residual and 49%

36/12 is .00015 and 61%

The $2600 negative equity would add $54/mo for 48 months or $72/mo for 36 months.

Nothing I can do about the negative equity. Taxes and fees were added to the end of the sales price too.Would you advise switching to a 36/12 lease for a bit more per month? I'm not too savvy with knowing a good lease amount despite knowing MF and Residual numbers. Could I still get 36/12 for the same lease amount offered? Sorry for the trouble.

I would negotiate a discount from sticker, before applying the incentive.

Use this link to build your own lease calculator:

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

Thank you for the help, one last question if that is okay. Does my credit rating change the MF that I should be getting on the car?

Yes, credit score affects the MF.

Okay, I figured but was not sure.

I talked to the dealership again and they say the residual is 50% on 36 months. How do I tell them to come up to 61% as you mentioned?

Our numbers are from Chrysler Finance; your dealer may be using a third party bank.

Either way, the residual is fixed by the bank and the dealer cannot modify them.

Michaell

smolniy74 said:

I was told by a dealer that none of the rebates apply when you lease.
Is there a list of standard rebates (not a realtor, vet, recent college grad)
I see on dodge.com that the rebates are only 500 when you lease.

Please confirm, South East by the way.

Thanks.

We do not have any incentive information.

The dealer is correct - many of the rebates are only valid if you buy, not lease.

stuckinlodi

Can you post the current residual and MF for April for the following? 36/12K and 36/15K thank you!

2017 Challenger R/T 392 and Hellcat
2016 Challenger Scat Pack and Hellcat

Michaell

stuckinlodi said:

Can you post the current residual and MF for April for the following? 36/12K and 36/15K thank you!

2017 Challenger R/T 392 and Hellcat
2016 Challenger Scat Pack and Hellcat

2017 numbers for 36/15

I don't see the R/T 392 trim
Hellcat - .00005 and 60%

Add 2% for 12K

2016 thread is here:

https://forums.edmunds.com/discussion/39751/dodge/challenger/2016-dodge-challenger-lease-questions#latest