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2016 Dodge Charger Lease Questions

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  • MichaellMichaell Moderator Posts: 240,155
    edited June 2016

    Hello guys. Hope everyone enjoyed their month of May. Looking for updated numbers for the charger rt 12k miles 36months?
    also, I'm not sure if this is the correct place but would you happen to have numbers for the camaro 1ss as well? 

    .00023 and 60%

    Camaro discussion is here:

    http://forums.edmunds.com/discussion/38110/chevrolet/camaro/2016-chevrolet-camaro-lease-questions#latest

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  • trp3383trp3383 Member Posts: 88
    Looking for rt and skat pack numbers in NJ 10k/36 month.  Thanks
  • trp3383trp3383 Member Posts: 88
    Also sxt thanks
  • MichaellMichaell Moderator Posts: 240,155
    trp3383 said:

    Looking for rt and skat pack numbers in NJ 10k/36 month.  Thanks

    trp3383 said:

    Also sxt thanks

    R/T - .00023 and 61%
    Scat Pack - standard MF and 65%
    SXT RWD - .00003 and 58%

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  • solidoussnksolidoussnk Member Posts: 20
    Hello all, looking for MF and Residual on 36/12-10 and 48/12-10 lease on a RT SCAT PACK, NJ. Thanks.
  • solidoussnksolidoussnk Member Posts: 20
    Also what is Standard MF
  • MichaellMichaell Moderator Posts: 240,155

    Hello all, looking for MF and Residual on 36/12-10 and 48/12-10 lease on a RT SCAT PACK, NJ. Thanks.

    Also what is Standard MF

    36/12 - .00023 and 60%
    48/12 - standard MF (around .00200) and 54%

    Add 1% for 10K

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  • solidoussnksolidoussnk Member Posts: 20
    36/12 - .00023 and 60% just double checking but is the MF that low? Maybe .0023? Also what is standard bank fee from dodge for the scat pack? Thanks again.
  • MichaellMichaell Moderator Posts: 240,155

    36/12 - .00023 and 60% just double checking but is the MF that low? Maybe .0023? Also what is standard bank fee from dodge for the scat pack? Thanks again.

    No, it is .00023.

    And 64% residual for 36/12.

    $595 bank fee from Chrysler this month.

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  • solidoussnksolidoussnk Member Posts: 20
    edited June 2016
    At MSRP of $43970 and sales price 42k sales price I get a monthly payment of $401/month lease term 36/12, sound about right? One dealer wanted $600s.
  • MichaellMichaell Moderator Posts: 240,155

    At MSRP of $43970 and sales price 42k sales price I get a monthly payment of $401/month lease term 36/12, sound about right? One dealer wanted $600s.

    I, too, get $401 with those numbers.

    Confirm the adjusted cap cost the dealer is using - if higher than the $42K selling price, find out what is being added.

    And, the dealer can also mark up the MF for extra profit - max .00042.

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  • solidoussnksolidoussnk Member Posts: 20
    Thanks
  • mrscrubsmrscrubs Member Posts: 5
    Hi, gents. Looking into a 2016 Charger w/ Scat Pack and wondering what MF/Resid. are for a 10k/3yr lease. Thanks in advance for the assist.
  • kyfdxkyfdx Moderator Posts: 235,221
    mrscrubs said:

    Hi, gents. Looking into a 2016 Charger w/ Scat Pack and wondering what MF/Resid. are for a 10k/3yr lease. Thanks in advance for the assist.

    Standard MF and 65% residual

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  • m5frothm5froth Member Posts: 54
    Any chance you have numbers for 2016 Charger Hellcat? 36/10k, ty
  • seanclau1seanclau1 Member Posts: 9
    Good day,
  • seanclau1seanclau1 Member Posts: 9
    Will there be any difference in the last set of numbers for the Utah region?
    IF so what are they for Scat Pack 36m/12k and 48m/12k
  • MichaellMichaell Moderator Posts: 240,155
    m5froth said:

    Any chance you have numbers for 2016 Charger Hellcat? 36/10k, ty

    Standard money factor and 59%.

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  • MichaellMichaell Moderator Posts: 240,155
    seanclau1 said:

    Will there be any difference in the last set of numbers for the Utah region?
    IF so what are they for Scat Pack 36m/12k and 48m/12k

    Chrysler numbers are regional, we haven't really seen any difference between the regions.

    Standard money factor

    36/12 64%
    48/12 54%

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  • m5frothm5froth Member Posts: 54
    Michaell said:
    Any chance you have numbers for 2016 Charger Hellcat? 36/10k, ty
    Standard money factor and 59%.
    This may be a dumb question but what is the standard MF?
  • kyfdxkyfdx Moderator Posts: 235,221
    m5froth said:


    Michaell said:

    m5froth said:

    Any chance you have numbers for 2016 Charger Hellcat? 36/10k, ty

    Standard money factor and 59%.

    This may be a dumb question but what is the standard MF?

    It's not a dumb question.

    We don't know the exact number, but it seems to be around .00200

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  • m5frothm5froth Member Posts: 54
    Do you have July #'s for Charger Hellcat? Probably going to pull the trigger next week. Thanks!
  • m5frothm5froth Member Posts: 54
    ^forgot to mention, looking for #'s for 36/10 on the charger hellcat
  • MichaellMichaell Moderator Posts: 240,155
    m5froth said:

    Do you have July #'s for Charger Hellcat? Probably going to pull the trigger next week. Thanks!

    m5froth said:

    ^forgot to mention, looking for #'s for 36/10 on the charger hellcat

    The current Chrysler Finance numbers are good until 7/5/16:

    Standard MF and 59%

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  • gomdgomd Member Posts: 21
    Wondering if you had info on a RT 24 month/10k lease in Cleveland, OH?
  • kyfdxkyfdx Moderator Posts: 235,221
    gomd said:

    Wondering if you had info on a RT 24 month/10k lease in Cleveland, OH?

    .00008 MF and 65% residual

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  • mrscrubsmrscrubs Member Posts: 5
    kyfdx said:

    m5froth said:


    Michaell said:

    m5froth said:

    Any chance you have numbers for 2016 Charger Hellcat? 36/10k, ty

    Standard money factor and 59%.

    This may be a dumb question but what is the standard MF?
    It's not a dumb question.

    We don't know the exact number, but it seems to be around .00200

    I'm confused...was the MF .00023 in June? Did it go up by that much for July?

    Still looking for mine, but leaning towards the SRT. Are there July MF/resid. numbers for a 36/10k lease on an SRT or Scat Pack?
  • kyfdxkyfdx Moderator Posts: 235,221
    @mrscrubs

    SRT: Standard MF and 54% residual
    Scat: Standard MF and 65% residual

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  • mrscrubsmrscrubs Member Posts: 5
    kyfdx said:

    @mrscrubs

    SRT: Standard MF and 54% residual
    Scat: Standard MF and 65% residual

    Sorry to bother but standard MF...is it .0002 or .002? Just wanted to clarify, as I saw both figures above.
  • MichaellMichaell Moderator Posts: 240,155
    mrscrubs said:

    kyfdx said:

    @mrscrubs

    SRT: Standard MF and 54% residual
    Scat: Standard MF and 65% residual

    Sorry to bother but standard MF...is it .0002 or .002? Just wanted to clarify, as I saw both figures above.
    Standard MF for Chrysler Capital is .00200 (or thereabouts; we don't have the exact number)

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  • m5frothm5froth Member Posts: 54
    One more request - July #'s for Charger Hellcat 36/10. Pulling the trigger this weekend.

    As much as I want this beast it appears I can now lease a CTS-V for LESS than this damn car.
  • MichaellMichaell Moderator Posts: 240,155
    m5froth said:

    One more request - July #'s for Charger Hellcat 36/10. Pulling the trigger this weekend.

    As much as I want this beast it appears I can now lease a CTS-V for LESS than this damn car.

    Standard money factor and 58%

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  • pinksnyperpinksnyper Member Posts: 75
    @Michaell can you share 2016 Scat Pack numbers for 15/36 in NJ please?
  • MichaellMichaell Moderator Posts: 240,155

    @Michaell can you share 2016 Scat Pack numbers for 15/36 in NJ please?

    Standard MF and 62%

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  • mvan1936mvan1936 Member Posts: 1
    Looking into a 2016 Charger SXT and wondering what MF/Resid. are for a 10k/3yr lease in Southern California? Many thanks!
  • MichaellMichaell Moderator Posts: 240,155
    mvan1936 said:

    Looking into a 2016 Charger SXT and wondering what MF/Resid. are for a 10k/3yr lease in Southern California? Many thanks!

    I'll assume RWD - .00003 and 58%

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  • ks293201ks293201 Member Posts: 4
    I received the following numbers from a dealer today on a Charger Scat Pack through Chrysler Capital:

    MSRP: $45,865
    Cap cost: $40,789
    Residual: $28,436
    Term: 36 mo
    Mileage: 15k
    MF: ?? looks to be 0.00339 working backwards

    Payment: $578 + $34 tax = $612

    I confirmed no start ups were included in the monthly payment and I'm pretty happy with over $5k off sticker, but $612 sounds ridiculous. Is the dealer just marking up the MF or is there anything else that I'm missing? Are they even allowed to go to 0.00339 if that's the case?
  • kyfdxkyfdx Moderator Posts: 235,221
    ks293201 said:

    I received the following numbers from a dealer today on a Charger Scat Pack through Chrysler Capital:

    MSRP: $45,865
    Cap cost: $40,789
    Residual: $28,436
    Term: 36 mo
    Mileage: 15k
    MF: ?? looks to be 0.00339 working backwards

    Payment: $578 + $34 tax = $612

    I confirmed no start ups were included in the monthly payment and I'm pretty happy with over $5k off sticker, but $612 sounds ridiculous. Is the dealer just marking up the MF or is there anything else that I'm missing? Are they even allowed to go to 0.00339 if that's the case?

    Standard MF and 62% residual

    I agree with your reverse calculation. We don't know the exact "Standard" money factor, but it's usually reported by other members in the .0020-.0022 range.

    It's possible that different models have different standard money factors. I know on the subvented money factors, the maximum dealer markup is .00042, but not sure if that applies to the standard MF.

    Even dropping the money factor to .00239 would knock about $70/mo.+tax off the price.

    Maybe that's a good negotiating ploy, now that you know the numbers. "Knock off $75/mo, and you have a deal". Then, just play dumb.

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  • klnmcmgklnmcmg Member Posts: 110
    MF and RV for Charger SXT RWD in NC, 36/15?
  • kyfdxkyfdx Moderator Posts: 235,221
    klnmcmg said:

    MF and RV for Charger SXT RWD in NC, 36/15?

    .00003 MF and 55% residual

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  • mlevinemlevine Member Posts: 581
    Hi, guys
    Can you let me know residual and money factor on 24 month lease at 12K a year on charger SXT. Thanks for your help.
  • MichaellMichaell Moderator Posts: 240,155
    mlevine said:

    Hi, guys
    Can you let me know residual and money factor on 24 month lease at 12K a year on charger SXT. Thanks for your help.

    RWD? .00019 and 62%

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  • automan822automan822 Member Posts: 83
    July numbers Charger RT, 36/15, res., MF in Los Angeles

    Thanks
  • MichaellMichaell Moderator Posts: 240,155

    July numbers Charger RT, 36/15, res., MF in Los Angeles

    Thanks

    .00023 and 58%

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  • charlesw2charlesw2 Member Posts: 8
    MF and RV for 2016 Charger RT 24/12 and 24/15 in TX?
  • kyfdxkyfdx Moderator Posts: 235,221
    charlesw2 said:

    MF and RV for 2016 Charger RT 24/12 and 24/15 in TX?

    .00010 MF and 65%/64% residual

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  • charlesw2charlesw2 Member Posts: 8
    kyfdx said:

    charlesw2 said:

    MF and RV for 2016 Charger RT 24/12 and 24/15 in TX?

    .00010 MF and 65%/64% residual
    Thanks! What about the SRT 392? Are the numbers the same on them?
  • MichaellMichaell Moderator Posts: 240,155
    charlesw2 said:

    kyfdx said:

    charlesw2 said:

    MF and RV for 2016 Charger RT 24/12 and 24/15 in TX?

    .00010 MF and 65%/64% residual
    Thanks! What about the SRT 392? Are the numbers the same on them?
    Standard MF of around .00200 and 55% / 54%.

    A much worse trim level to lease.

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  • charlesw2charlesw2 Member Posts: 8
    Thanks Michael!
  • benji123benji123 Member Posts: 104
    Michaell said:

    July numbers Charger RT, 36/15, res., MF in Los Angeles

    Thanks

    .00023 and 58%
    What would residual percentage be for 36/10 on same car (Charger RT) in LA?
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