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Chrysler Sebring Prices Paid and Buying Experience
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Comments
When negotiating your lease on this car, make sure to take advantage of the $1,000 lease cash and $500 bonus cash that DaimlerChrysler is currently providing on it. They will help you to negotiate an attractive capitalized cost for your lease.
Car_man
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Prices Paid Forum
My lease on a 2004 sebring sedan is ending, and I'm considering purchasing the car. It has about 26,000 miles on it, with a sunroof, heated driver's seat, and leather interior. My residual value is listed at 8,400. Does this seem like a good buy?
The only possible negative is that the car was in an accident in May, and while the car was repaired by a dealer site and seems fine, I'm a little concerned about potential long term effects. It was a rear side passenger impact, and the frame did need to be tweaked to get the correct allignment. Should I think twice about purchasing after this kind of accident? Thanks!
My lease on a 2004 sebring sedan is ending, and I'm considering purchasing the car. It has about 26,000 miles on it, with a sunroof, heated driver's seat, and leather interior. My residual value is listed at 8,400. Does this seem like a good buy?
The only possible negative is that the car was in an accident in May, and while the car was repaired by a dealer site and seems fine, I'm a little concerned about potential long term effects. It was a rear side passenger impact, and the frame did need to be tweaked to get the correct allignment. Should I think twice about purchasing after this kind of accident?
Thanks!
reduced new 2007 2.4 Sebring from $17,500 to now $15,995. Sebring really looks good in white.
I am thinking of leasing a 2008 Chrysler Sebring touring convertable. The prices is 28,945. They gave me a lease price of $325 month with putting $5000 down. I am not feeling that I have gotten a good deal. I have not sihned anything yet . Do you think that is a good deal.
Regardless of how good a price this is, you definitely should place a call to Chrysler Financial, or whichever bank you are leasing your car through, to see if they are willing to negotiate your car's purchase price. More often than not banks are not willing to do so, but sometimes they will and you don't have anything to lose by trying. If your initial contact at the bank is unwilling to work with you, try speaking with a manager.
Having said all of this, I just read that your car was in an accident. I personally would never purchase a leased vehicle that has been in an accident. One of the beautiful things about leasing is as long as your car was repaired properly, you can walk away from a vehicle that has been in an accident and force the bank that you are leasing through to absorb the diminished value rather than taking the it yourself.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
It is difficult for me to evaluate this deal without knowing what this car's MSRP is. The MSRP will show me how much of a discount you are being given on it. Let me know what this number is and I will be happy to tell you what I think of the deal that you were quoted.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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Thank you for your assistance.
I'm having a hard time trying to determine which Sebring this is. Chrysler lists a Touring and they also list a Signature Series. I priced them both for you.
Touring with sunroof -
MSRP: $21,315
Friends: $19,142
Signature Series value package with sunroof -
MSRP: $22,705
Friends: $20,408
Both of the Friends discount prices include the $500 rebate, which expires 02/29/2008. Also, I used a zip code in the St. Louis area for the discount price. If you'll provide me with a zip code in the NY area I can give you a more accurate estimate.
Although the MSRP stays the same across the country, rebates and discounts vary by region.
Go to www.chrysler.com and click on the Build My Own tab. Go through the build process and let me know which model it is and the MSRP when you're through and any options you select that cost extra.
The Friends price you list for this car is much cheaper than what the dealer gave me. He gave me $21,477. I thought that seemed high when I saw the employee price listed on the invoice as $20,533. The dealer took the invoice and I did not get to keep a copy.
I appreciate you getting me this information and for also getting me a better estimate with my exact zip code.
Thank you again for your efforts.
MSRP: $22,705
EC: $20,108
Friends: $20,408
Although the EC program is no longer available I included it if you were curious. Both discounts include a $500 rebate which expires on 02/29/2008. An additional $200 program fee would be added to the EC price by the dealer. Not much difference between the two discounts after all that.
If you change your mind and want to see how much other options would increase the price you can build one on Edmunds. They will show you the MSRP as well as the dealer invoice. The Friends discount price is 1% below invoice. Any rebates or other price incentives are subtracted from the Friends price for even more savings.
Now the question is to lease or buy. I drive a lot so everyone is telling me not to lease, but I don't see myself driving this car for the next 5 to 10 years. I'm getting quotes for leasing prices with 18k and 20k mileage. People say that is nuts and I should just buy. I'd appreciate your opinion if you have time.
Thank you.
You might try a Google search on lease versus buy. There are several good articles.
BTW, I bought an Inferno Red Sebring in September. The chrome accents make the whole package look very nice.
Can you tell me what the current money factor and residual percentage are for the 2008 Sebring Convertible Limited edition for 36 months and 10, 500 miles.
The dealer in New Jersey is offering MF of .00163 and Residual of 49% thru Daimler Chrysler
Thank You
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Thanks
The Friends and Family discount is still alive and well. Unfortunately, I gave out all of my 6 numbers for the year way back in January.
I've suggested to others who want one to post requests on different Chrysler, Dodge and Jeep forums - not just here on Edmunds (do a Google search). Many Chrysler, Dodge and Jeep employees are also owners of these vehicles and regularly surf the forums.
As far as this car's lease program goes, it varies by trim level, term, and mileage allowance. For now I will assume that you are interested in a 36 month lease of a base 2008 Chrysler Sebring Convertible with 15,000 miles per year. Chrysler Financial's current buy rate lease money factor and residual value for such a lease are currently .00110 and 41%, respectively.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Thanks!