Chrysler 300 Lease Questions

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  • phys14phys14 Member Posts: 2
    Hi,

    I'm thinking about leasing a Chrysler 300 base model or Touring and would be very grateful for any help you could provide. I see that the Touring has a buy rate money factor of 0.00195 in the northeast region from your previous post. How much do these tend to vary by region? For instance, I'm in southern California...is it roughly the same? Is the number also similar for the base model?

    On another note, how close to a buy rate should I expect to get out of the dealer?

    Thanks!

    JM
  • ysautoysauto Member Posts: 42
    Any posted deals at this time on Leases for a 300 in NY/NJ area? I am looking for something 0 down.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi JM. Chrysler Financial's money factors do often vary by region. I haven't seen its specific money factors for your area, but for the areas outside the Northeast that I have seen Chrysler Financial's buy rate for a 36 month lease of a 2007 Chrysler 300 base is currently .00328. The factor for a 36 month lease of a 300 Touring outside of the Northeast is .00254. Chrysler Financial's residual values are the same across the country. In a vehicle like the Chrysler 300 in a competitive market like Southern California you should have no trouble getting a dealer to lease you this car using the buy rate.

    Car_man
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  • greggs11greggs11 Member Posts: 4
    Hello Car_Man, I'm looking at a lease on a 300 SRT Design in Scottsdale Arizona. Residual 49% and money factor .00253. The MSRP is $41,330 and purchase price of $34,330.

    The dealer is offering a lease through Chrysler Financial...39 months, 12,000 miles, $3000 down (inludes $1200 buy down and $1800 in first payment, plates, acquisistion fee, etc)...payment $475 + AZ tax = $512...is this a decent deal? Will my $512 buy me more car somewhere else? (BMW, infinit, etc.)

    Thanks so much for your help!
  • hezdope07hezdope07 Member Posts: 7
    so guys i made a deal wanted to share with you guys what i got. what do yall think?

    MSRP: 38,845
    Net Cap: 33,507
    3500 down, 36 months, 12k miles
    due at signing 5,500 everything plus plates
    monthly payment: $389

    what do u guys think?
  • hezdope07hezdope07 Member Posts: 7
    oops i forgot to add in the deal:

    Navigation and Sound System
    Luxury Group
  • vegetagokuvegetagoku Member Posts: 1
    wow. its almost been a whole month and nobody has repiled to me message ehh.. i guess nobody like the 300 anymore :( i should of bought a bmw or acura lmao
  • mommyof2and1mommyof2and1 Member Posts: 1
    Dh currently has a 2005 Chrysler 300 that he has leased for 39 months come March 2008. We have always had good credit and never really had to "deal" with any issues. However, dh was laid off for 5 months. We had to move from MI to FL. We paid our bills the whole time dh didn't have a job. However, since the MI economy STINKS our house is worth $150 LESS than we bought it on a good day. We are working with the mortgage company but they said in order to qualify for help we had to be behind plus with paying to live in FL now we could not keep up the house payment. So now we are not making the house payment in MI. We have been trying to sell it but it looks like foreclosure is coming - hoping to do a deed in leui. We finally in 5-6 months got our first offer on the house and the bank tried to counter and they walked. We have tons of people look at the house they just can get other house cheaper b/c everything in our area is in foreclosure or people lived in the house forever and can sell for cheaper. We had just moved to MI and only been in the house for 3 yrs. just before all the plant shut down came out and of course the plant right down the road was shut down this year. Anyways all that to ask can we lease with Chrysler with a bad credit score? We have never missed a car payment or even credit card - just the house now. I think his credit score is probably about 590 right now but that is also with some errors that we are trying to get off. I am hoping to have his credit score in the very low 600s by the time March rolls around. We will have $5K to put down on something. Can we lease? I am thinking that leasing for a short time would be better than buying as our credit will continue to get better after this is all done. Any advice?

    Tammy
  • qbrozenqbrozen Member Posts: 33,291
    just a suggestion, but how about trying to negotiate the buyout on the 300? If you can get a good deal on it and put $5k down, you could probably have decent payments on a 2-year loan and own it outright in the end ... meaning no payments for a while.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • hardhawkhardhawk Member Posts: 702
    My lease on a 2005 Dodge Magnum is expiring soon. I have already gotten a mailing telling me I am preapproved for a new lease or loan up to a certain dollar amount, which is enough to get any new Chrysler or Dodge product. I bet if you call or check your lease account on line you may well find that you are also preapproved. Check it out and good luck. I cannot imagine they would run off a customer who has made timely payments to them for 3 years.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi greggs11. The car that you are interested in probably has a spread of around $3,100 between its full MSRP and its dealer invoice price. Additionally, Chrysler is providing $3,000 lease cash and $500 bonus cash on the '07 300. That gives you a total of around $6,600 to play with. The $7,000 discount that you were quoted on this car looks very attractive to me.

    I am not personally familiar with the SRT Design trim level of this car, but the money factor that you were quoted looks about right to me.

    You would be better off not making the $1,200 down payment that you are considering making. I always advise consumers against making down payments on leases. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Other than that, this deal looks good to me. If you like the car, I personally don't see any reason not to go for it.

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  • greggs11greggs11 Member Posts: 4
    Thanks for everyone's advice here. I ended up actually leasing a 2007 BMW 328i...the BMW was too good a deal to pass up, and a little better car for my purposed use.

    Thanks again,

    - Steve
  • christiandschristiands Member Posts: 36
    Car man and all,
    I am trying to decide if this month is the time or if September will get better. Last vehicle we leased in September and it was the last of the good deals on the leftovers. Let me know what you think:

    300C SRT Design (5.7 not 6.1 engine, but includes SRT wheels, suspension, interior, etc)
    Sticker: $42,210
    Selling Price: $38,177 (employee pricing, not including rebates)
    Rebates: $4,500

    39 months/10.5k per year = $450 per month including 6% tax, $0 due at signing

    This assumes 50% residual and .00214 money; Detroit region

    I know there is $1k dealer cash in the $4,500 and this also includes loyalty. Anyone have an opinion? Next month (Sept 5) will it get a little better? Thanks for your comments.
    C
  • bmw123bmw123 Member Posts: 2
    hey i just went to a chrysler dealer in brooklyn and was offered a 300c for $400 a month with no money down
  • qbrozenqbrozen Member Posts: 33,291
    options? msrp? is that with taxes? how many months? how many miles?

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • amandad123amandad123 Member Posts: 4
    i have an 2007 chrysler 300c hemi, black, sunroof, tan leather, 6600 miles, 12,000 a year...lease ends 9/24/2010...payment is $530 a month flat...reply if interested...i will cover first payment!!
  • platinumwayzplatinumwayz Member Posts: 1
    :confuse: For a 2005 Chrysler 300C Hemi started Lease on 5/08/2004

    :confuse:




    1. Amount due at lease signing 3120.58

    2. Monthly pmts 619.57

    3. 47 total payments

    4. 300.00 turn in fee

    Amount of down payment 3120.52

    Capitalized cost reduction 2304.43

    first mthly pmt 619.57

    license fees 143.00

    doc fee 53.52

    Gross capitalized cost 37,170

    Adjusted capitalized cost 37891.98

    Residual value 16354.80

    depreciation and any amortized amounts 21537.18

    Rent charge 8202.18

    total base mthly pmts 29739.36

    lease payments 48

    base payment 619.57
  • sftl1sftl1 Member Posts: 12
    At this point does it make a difference, you've been in this lease for almost 4 years. I will say that if you negotate a lease on a new 300C today you can structure a deal that's much better than the one you're in now...
  • mike513mike513 Member Posts: 21
    Can someone provide me with the money factor and residual value on the '08 Chrysler 300 Limited

    This is based on a 36 month lease with 15,000 miles/year.

    Thanks!
  • jfgobraves24jfgobraves24 Member Posts: 2
    Can I get the latest money factor and residual for a Chrysler 300c rwd and chrysler 300 limited rwd both 3year 12k miles
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Here you go, mike513. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Chrysler 300 Limited with 15,000 miles per year are .00085 and 47%, respectively. When negotiating your lease on this car, make sure to take the $2,000 cash incentive that Chrysler is currently providing on it into account. Chrysler is providing an additional $500 to $1,000 lease cash on this car on top of that in select regions. These cash incentives will help you to negotiate an attractive capitalized cost for your lease.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Here is the information that you're looking for, jfgobraves24. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Chrysler 300C RWD with 12,000 miles per year are .00144 and 51%, respectively. The numbers for an otherwise identical lease of an '08 300 Limited RWD are .00085 and 49%. When negotiating your lease, make sure to take advantage of the $3,000 lease cash that is currently available on the '08 300C and $2,000 on the '08 300 Limited. There is an additional $500 to $1,000 bonus cash on top of this in select regions.

    Car_man
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  • moon17moon17 Member Posts: 1
    How about a lease on a Chrysler 300C AWD - money factor & residual...please?
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi moon17. I've always been fond of the 300's styling. You never mentioned how long you want to lease this car for or what mileage allowance you need, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Chrysler Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Chrysler 300C AWD with 15,000 miles per year are .00116 and 44%, respectively.

    Car_man
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  • bigdognybigdogny Member Posts: 1
    Can you let me know if this looks good.

    I've been going back and forth with a couple of dealerships for a 2008 Signature Series:MSRP before discounts 35,190

    The best I've got so far is
    434 a month with 2025.00 total down which includes fees and first month payment.
    I also just got a friends and family code that I will use which wasn't figured into the price.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi bigdogny. You never mentioned the selling price of the 300 that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of the vehicle that they want to lease is that it is necessary to calculate its lease payment. I am sure that either myself or annother helpful community member would be happy to give you their opinion of this deal if you let us know what the selling price is.

    Car_man
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  • socalguy4socalguy4 Member Posts: 1
    Hi Everyone:

    I am new to the whole leasing process and would appreciate a quick how-to on the negotiation and, also, the numbers I should be looking for. I am interested in the 2008 Chrysler 300 Signature Series. (Would like the Navigation System if it doesnt change the price a whole lot). I am looking for a 36 mo lease with 12,000 miles. I see that the MSRP is $32,765.

    I, quite honestly, have no idea what a good rate or residual would be for the car or even what the residual really means.

    Also, the family discount of 3% off the price is available to me but I am not sure how this all really factors in on a lease.

    Any and all help would be greatly appreciated.

    (Somewhat urgent as I know that Chrysler is abandoning its internal lease financing at the end of July and I want to be able to secure that rate if its the best available).

    Thanks so much.
  • texasguy8texasguy8 Member Posts: 6
    Car Man, I am not sure that you are monitoting this message board. I want to lease a Chrysler 300C The MSPR is $45725. The selling price is $36833 + TT. The residual is $18748. The money factor is .001099. Acquisition fee is $795. I am in Texas where I must pay 6 1/4% sales tax up front. The lease quote was $619/Mo, including all taxes, title, acquisition fee and all costs. Only $619 down which is the 1st month's lease. Does this sound like a good deal? Is the residual too low? Thanks.
  • texasguy8texasguy8 Member Posts: 6
    Car Man or Kyfdx: I am not sure if my last post went through or if you are monitoring this board. I want to lease a 2011 Chrysler 300C. The lease offer is: MSRP $45725 +TTL; negotiated price is $36,833 +TTL; 39 months; 12K/yr; MF .001099; residual $18748; acquisition fee $795; I live in Texas so I have to pay the entire 6/ 1/4% sales tax up front. The offer was $619/mo no money down. This includes all taxes and fees. Does this look like a good offer? Is the residual too low?
    Thanks
  • timj757timj757 Member Posts: 14
    edited October 2011
    Dear Car Man-

    You know so much about cars! I think thats awesome! Anyhow- I am looking to get either an EL Expedition XLT 2011 due to their deals right now and the fact that I could get one of these cars under the "A" plan (which I am not sure how it works, if you do any advice would be great! Or, I am looking to lease the 2011 Chrysler 300, which it seams only the limited has a lease special? I was wondering if you knew the latest on the money factor and residual value of the 300 and any other info I may need to know before stepping foot into the dealership? Thank you for your time. I live in Virginia if that helps at all by the way..

    Timj757
  • timj757timj757 Member Posts: 14
    Every time I have done a lease I always offer $400-$500 over invoice no more than that. If money is being thrown in I take my offer and tell them to subract the money they would receive from my offer so it goes down further. I think you may have some more wiggle room.

    I am looking at chrysler 300 too. It seems that they have new deal for October, did you get yours? What was your final deal?
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    edited October 2011
    Thanks Timj757. Ally's current base lease rate and residual value for a 36-month lease of a 2011 Chrysler 300 Limited with 15,000 miles per year in its Mid-Atlantic region are 0.1% and 39%, respectively.

    Chrysler does have lease support available on other 300 trim levels if you're interested.

    Chrysler is providing a $3,500 cash incentive on leases of this car in your area.

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  • mil6753mil6753 Member Posts: 71
    Car Man-
    Looking for lease factor and residuals % for 2011 300C AWD, 36 month/12K yr lease.
    If there is another combination of months/miles that is the "sweet spot" let me know.
    I think there is $2500 rebate on 300C AWD + $1000 conquest through month end?
  • mil6753mil6753 Member Posts: 71
    Just wondered if you had any information on this?
  • mil6753mil6753 Member Posts: 71
    I was able to obtain residual % for the 300C AWD - 12mi/year, 36 mos should be, according to what I've read, 45%.

    I just need to get money factor converter - 2 different dealers have given me 2.2% and 1.9% APR.
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi mil6753. According to the latest information that I have seen, Ally's current base lease rate for the 2012 300C AWD is 1.15%.

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  • td_inctd_inc Member Posts: 55
    Hi CarMan (and all)

    Could you tell me what the latest MF and Residuals are on the 300 Limited AWD and 300 C AWD? 12k/36 or 39 month lease whichever is the program

    I received this quote:

    300 Limited AWD
    MSRP 36080
    Selling 31700
    39 month / 12k
    .69 APR (didn't provide the money factor but I calc it at .0002875)
    $489/month

    Only inceptions out of pocket. (1st month, doc, motor vehicle)
    I just emailed to get the confirmation that the payment includes taxes.

    Seems high for the MSRP of the car.

    Thanks!! :)
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi td_inc. According to the latest information that I have seen, Ally's May base lease rate and residual value for a 39-month lease of a 2012 300 Limited AWD with 12,000 miles per year are 0.59% and 46%, respectively.

    The numbers for an otherwise identical lease of a 2012 300 C AWD are 0.75% and 44%.

    Car_man
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  • crfabcrfab Member Posts: 7
    Hi CarMan,

    Would you be able to let me know what the latest MF and Residuals are on the 2012 300S V6 for a 39 Mos. lease for 12k and 15K?

    Thanks for your help.

    C.
  • mil6753mil6753 Member Posts: 71
    edited May 2012
    Car Man - if you can pull the 36 and 39 mos information on the 300 SRT8 and post it, I would appreciate it. Thanks!
  • antman05antman05 Member Posts: 2
    Need help on determining if this is a good deal.

    2012 Chrysler 300S - MSRP $34595. (base model)
    There is a $2500 lease cash rebate from manufacturer.
    $795 acquisition fee.
    $972 in taxes and fees + first payment. (rest is applied to cap cost reduction)
    0 Down from me.
    Net Cap Cost after the rebates etc is $32217.95

    39 mo lease. (1st payment included in the lease cash)
    $457.53 month - 10k miles/month.
    Residual of $15,567.

    Is this a good deal if I am 100% sure on buying the car after the lease?
  • bookman05bookman05 Member Posts: 6
    Hi Car_Man, Any chance you could post for me the lease rates for a 2013 Chrysler 300S AWD? I drive 15K miles/year. I would love to see 24, 27, 36 month info. Thanks so much.
  • timj757timj757 Member Posts: 14
    It looks like Chrysler is offering $4000 toward the lease of a 2012 Chrysler 300c but is also offering $4000 towards purchasing as we'll plus some conquest money. I,m wondering which way to go either buying or leasing? I live in Virginia beach, Va. Not sure if that matters? Car man would you know money factor and residual for the 300c AWD for a three year lease? Also, would anyone care to share any deals they recently got? Thanks in advance for your time!

    Tim
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Here's the information that you're looking for, bookman05. Ally's October base lease rate and residual value for a 36-month lease of a 2013 Chrysler 300S AWD with 15,000 miles per year are 2.7% and 55%. I don't believe that Chrysler is currently providing support on 24-month leases of this car.

    Car_man
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  • zhiningzhining Member Posts: 5
    I just searched on Chrysler's website and found this car:
    2013 CHRYSLER 300C LUXURY SERIES AWD

    Total MSRP was 45,335. Down Payment is $6,950 (15%). For 36-month term and 12,000 miles per year, estimated monthly payment is $374. Adjusted capitalized cost is $36,380 after 3,000 incentive.

    I have not contacted the dealer and done any negotiation yet. If anyone can point to me how to calculate the residual value/money factor, that would be great. Thank you very much.
  • zhiningzhining Member Posts: 5
    Hi Carman,

    I just contacted Chrysler dealer for a car:
    2013 CHRYSLER 300C LUXURY SERIES AWD

    Total MSRP was 45,335. The quote I get is: for 36-month lease, 12,000 miles per year, $5000 down payment, the monthly payment is $370. Residual value is $24,027.55 and lease charge to be $948.87. This is after $3,000 rebate.

    Can you please advise whether or not this is a good deal? Thank you very much.

    Bill
  • beradberad Member Posts: 31
    edited March 2013
    What is the money factor and residual for a 2013 Chrysler 300 v6 AWD and 300c v6 AWD for 36 months and 12k per year. I believe there is 1K in lease cash and 1 K in conquest that I would be eligible for as well.

    I am in NJ.

    Thanks in advance for your help :) ,

    berad
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Here's the information that you're looking for berad. Ally's March base lease rate and residual value for a 36-month lease of a 2013 Chrysler 200 V6 AWD with 12,000 miles per year are 0.25% and 56%.

    The numbers for an otherwise identical lease of a '13 300C AWD are 0.4% and 55%.

    Chrysler is currently providing a $1,000 cash incentive on leases of the 2013 300 and $1,500 on the 2013 300C. There is another $1,000 conquest cash on top of that, but only for consumers who are currently leasing a competitive product.

    Car_man
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  • leaserookie1leaserookie1 Member Posts: 43
    Can I get the April or May numbers for a 300s AWD 15000 miles
  • CarMan@EdmundsCarMan@Edmunds Member Posts: 38,514
    Hi leaserookie1. Chrysler Capital's May buy rate lease money factor and residual value for a 36-month lease of 2013 300S AWD with 15,000 miles per year are .00033 and 54% for consumers who qualify for its top credit tier.

    Make sure to take advantage of the $1,500 cash incentive that Chrysler is providing on leases of this model.

    Car_man
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