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2016 Dodge Challenger Lease Questions

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Comments

  • joeynycjoeynyc Member Posts: 26
    kyfdx said:

    joeynyc said:

    Can you please tell me numbers in NYC  for a scat pack and a srt for 24/10k and 36/10
    thanks !

    Scat: Standard MF and 73%/66% residual.
    SRT: Standard MF and 64%/58% residual
    I went to the dealer yesterday and he's telling me these numbers are not correct . He said the numbers changed mid month. I was trying to get a scatpack challenger with a msrp of 44,470 and selling price of 42,518 and NYC tax 8.875. He was trying to give me a 39 month lease with 7500 miles per year with a 67 residual through a credit union and 995 bank fee. I forgot the MF but the monthly payment would be $460 with a $1000 total out of pocket which includes dmv fees

  • kyfdxkyfdx Moderator Posts: 236,760
    joeynyc said:

    kyfdx said:

    joeynyc said:

    Can you please tell me numbers in NYC  for a scat pack and a srt for 24/10k and 36/10
    thanks !

    Scat: Standard MF and 73%/66% residual.
    SRT: Standard MF and 64%/58% residual
    I went to the dealer yesterday and he's telling me these numbers are not correct . He said the numbers changed mid month. I was trying to get a scatpack challenger with a msrp of 44,470 and selling price of 42,518 and NYC tax 8.875. He was trying to give me a 39 month lease with 7500 miles per year with a 67 residual through a credit union and 995 bank fee. I forgot the MF but the monthly payment would be $460 with a $1000 total out of pocket which includes dmv fees

    If he is going through a credit union, then the numbers will definitely be different. The numbers we provide are for leases through Chrysler Capital, and they haven't changed.

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  • joeynycjoeynyc Member Posts: 26
    kyfdx said:

    joeynyc said:

    kyfdx said:

    joeynyc said:

    Can you please tell me numbers in NYC  for a scat pack and a srt for 24/10k and 36/10
    thanks !

    Scat: Standard MF and 73%/66% residual.
    SRT: Standard MF and 64%/58% residual
    I went to the dealer yesterday and he's telling me these numbers are not correct . He said the numbers changed mid month. I was trying to get a scatpack challenger with a msrp of 44,470 and selling price of 42,518 and NYC tax 8.875. He was trying to give me a 39 month lease with 7500 miles per year with a 67 residual through a credit union and 995 bank fee. I forgot the MF but the monthly payment would be $460 with a $1000 total out of pocket which includes dmv fees

    If he is going through a credit union, then the numbers will definitely be different. The numbers we provide are for leases through Chrysler Capital, and they haven't changed.
    Do you think the deal he was giving me was good or can I do better
  • MichaellMichaell Moderator Posts: 240,979
    joeynyc said:

    kyfdx said:

    joeynyc said:

    kyfdx said:

    joeynyc said:

    Can you please tell me numbers in NYC  for a scat pack and a srt for 24/10k and 36/10
    thanks !

    Scat: Standard MF and 73%/66% residual.
    SRT: Standard MF and 64%/58% residual
    I went to the dealer yesterday and he's telling me these numbers are not correct . He said the numbers changed mid month. I was trying to get a scatpack challenger with a msrp of 44,470 and selling price of 42,518 and NYC tax 8.875. He was trying to give me a 39 month lease with 7500 miles per year with a 67 residual through a credit union and 995 bank fee. I forgot the MF but the monthly payment would be $460 with a $1000 total out of pocket which includes dmv fees

    If he is going through a credit union, then the numbers will definitely be different. The numbers we provide are for leases through Chrysler Capital, and they haven't changed.
    Do you think the deal he was giving me was good or can I do better
    Can't really say, as we don't know the MF and residual the CU is using, and certainly don't know if the dealer is marking up the MF from that base rate.

    Does the $460/mo include tax? On the surface, that's a decent payment for a car that stickers north of $44K. But, without knowing the details, we can't tell you if there is room to get that payment down.

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  • joeynycjoeynyc Member Posts: 26
    Michaell said:

    joeynyc said:

    kyfdx said:

    joeynyc said:

    kyfdx said:

    joeynyc said:

    Can you please tell me numbers in NYC  for a scat pack and a srt for 24/10k and 36/10
    thanks !

    Scat: Standard MF and 73%/66% residual.
    SRT: Standard MF and 64%/58% residual
    I went to the dealer yesterday and he's telling me these numbers are not correct . He said the numbers changed mid month. I was trying to get a scatpack challenger with a msrp of 44,470 and selling price of 42,518 and NYC tax 8.875. He was trying to give me a 39 month lease with 7500 miles per year with a 67 residual through a credit union and 995 bank fee. I forgot the MF but the monthly payment would be $460 with a $1000 total out of pocket which includes dmv fees

    If he is going through a credit union, then the numbers will definitely be different. The numbers we provide are for leases through Chrysler Capital, and they haven't changed.
    Do you think the deal he was giving me was good or can I do better
    Can't really say, as we don't know the MF and residual the CU is using, and certainly don't know if the dealer is marking up the MF from that base rate.

    Does the $460/mo include tax? On the surface, that's a decent payment for a car that stickers north of $44K. But, without knowing the details, we can't tell you if there is room to get that payment down.
    Yes includes tax
  • shhady1shhady1 Member Posts: 5
    Hello. Can you guys please assist me with this and let me know if I'm getting a good deal. What is the MF and residual for a 16 challenger rt plus shaker with a manual transmission in NY 39 months 10k miles per year. I got offered 380 a month with 3500 out of pocket and 3500 in incentives
  • shhady1shhady1 Member Posts: 5
    Forgot to mention msrp is 42000
  • MichaellMichaell Moderator Posts: 240,979
    shhady1 said:

    Hello. Can you guys please assist me with this and let me know if I'm getting a good deal. What is the MF and residual for a 16 challenger rt plus shaker with a manual transmission in NY 39 months 10k miles per year. I got offered 380 a month with 3500 out of pocket and 3500 in incentives

    shhady1 said:

    Forgot to mention msrp is 42000

    What is the adjusted cap cost? What is the breakdown of the $3500 out of pocket?

    $3500 in incentives may mean this is not a Chrysler sourced lease - you should confirm that with the dealer.

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  • shhady1shhady1 Member Posts: 5
    3500 out of pocket pretty much covers first month plus all the taxes and ffiling ees and prob includes some sort of down payment in there . 3500 in incentives is what Dodge is offering for 4th of July weekend which expires July 5th. 2500 hemi bonus cash and 1000 conquest cash due to a current leasing from another vehicle make. Wouldn't know the adjusted cap cost until i go in to sign the paperwork next week.
  • MichaellMichaell Moderator Posts: 240,979
    shhady1 said:

    3500 out of pocket pretty much covers first month plus all the taxes and ffiling ees and prob includes some sort of down payment in there . 3500 in incentives is what Dodge is offering for 4th of July weekend which expires July 5th. 2500 hemi bonus cash and 1000 conquest cash due to a current leasing from another vehicle make. Wouldn't know the adjusted cap cost until i go in to sign the paperwork next week.

    What state is this?

    You can ask the dealer to provide the adjusted cap cost - if they refuse to tell you, you may want to consider shopping at another dealer.

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  • shhady1shhady1 Member Posts: 5
    New York
  • MichaellMichaell Moderator Posts: 240,979
    shhady1 said:

    New York

    I'd ask for a full accounting of the $3500 - some of it is taxes and mandatory fees, but it's good to get the breakdown so nothing is slipped in.

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  • shhady1shhady1 Member Posts: 5
    What's the MF and Risidual though?
  • kyfdxkyfdx Moderator Posts: 236,760
    shhady1 said:

    Hello. Can you guys please assist me with this and let me know if I'm getting a good deal. What is the MF and residual for a 16 challenger rt plus shaker with a manual transmission in NY 39 months 10k miles per year. I got offered 380 a month with 3500 out of pocket and 3500 in incentives

    .00172 MF and 57% residual

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  • sharkey969sharkey969 Member Posts: 15
    MF residual 2016 challenger sxt 30k msrp 24 month 15k miles a year Jackson Michigan
  • kyfdxkyfdx Moderator Posts: 236,760

    MF residual 2016 challenger sxt 30k msrp 24 month 15k miles a year Jackson Michigan

    .00053 MF and 64% residual

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  • sharkey969sharkey969 Member Posts: 15
    MF residual 2016 challenger sxt plus 33k msrp 24 month 10k mile a year, 24 month 12 k miles a year
    Also 2016 challenger rt plus 36k msrp 24 month 10k a year, 24 month 12k a year

    One more 2016 challenger sxt 30k msrp, 24 month, 10k a year, 24 month 12k a year
  • kyfdxkyfdx Moderator Posts: 236,760

    MF residual 2016 challenger sxt plus 33k msrp 24 month 10k mile a year, 24 month 12 k miles a year
    Also 2016 challenger rt plus 36k msrp 24 month 10k a year, 24 month 12k a year

    One more 2016 challenger sxt 30k msrp, 24 month, 10k a year, 24 month 12k a year

    SXT: .00053 MF and 66%/65% residual
    SXT+: .00028 MF and 66%/65% residual
    RT+: .00112 MF and 67%/66% residual

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  • ks293201ks293201 Member Posts: 4
    Can someone look at these numbers I just got and give me some feedback?

    2016 Challenger Scat Pack
    MSRP: $49,870
    Cap cost: $44,155
    Residual: 55%
    Term: 36 months
    Mileage: 15k
    MF: ??

    Payment: $593 includes 6% Michigan tax

    Out of pocket was $800-$900. Didn't go into much detail because something seemed off. Is the 55% residual correct? And is it still the Standard MF this month?

    Thank you

  • kyfdxkyfdx Moderator Posts: 236,760
    ks293201 said:

    Can someone look at these numbers I just got and give me some feedback?

    2016 Challenger Scat Pack
    MSRP: $49,870
    Cap cost: $44,155
    Residual: 55%
    Term: 36 months
    Mileage: 15k
    MF: ??

    Payment: $593 includes 6% Michigan tax

    Out of pocket was $800-$900. Didn't go into much detail because something seemed off. Is the 55% residual correct? And is it still the Standard MF this month?

    Thank you

    We show Standard MF and 61% residual.

    I'll guess that this isn't a Chrysler Capital lease quote.

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  • infiniteeuphinfiniteeuph Member Posts: 18
    edited August 2016
    What are the best term lengths (36 months)? Do you have the August MF and residual for the SXT and RT at 12k and 15k for that term length? Thank you
  • MichaellMichaell Moderator Posts: 240,979

    What are the best term lengths (36 months)? Do you have the August MF and residual for the SXT and RT at 12k and 15k for that term length? Thank you

    36/15 numbers
    SXT - .00085 and 56%
    RT - .00109 and 60%

    Add 2% for 12K

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  • docquad426docquad426 Member Posts: 4
    Hello, can you please tell me the numbers for Zip 67202, looking at a R/T Scat Pack, 24 or 36 month, 10K or 12K. Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 236,760

    Hello, can you please tell me the numbers for Zip 67202, looking at a R/T Scat Pack, 24 or 36 month, 10K or 12K. Thanks in advance!

    Standard MF and 71%/63% residual for 12K/yr

    Add 1% for 10K/yr

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  • hinadaddyhinadaddy Member Posts: 3
    Hello, looking at the Challenger Hellcat 6-speed manual.
    MF and Residual for 36-months with:
    1) 10k miles per year
    2) 12k miles per yer
  • kyfdxkyfdx Moderator Posts: 236,760
    hinadaddy said:

    Hello, looking at the Challenger Hellcat 6-speed manual.
    MF and Residual for 36-months with:
    1) 10k miles per year
    2) 12k miles per yer

    Standard MF and 57%/56% residual

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  • hinadaddyhinadaddy Member Posts: 3
    kyfdx said:

    hinadaddy said:

    Hello, looking at the Challenger Hellcat 6-speed manual.
    MF and Residual for 36-months with:
    1) 10k miles per year
    2) 12k miles per yer

    Standard MF and 57%/56% residual
    thank you. can you also provide the same type of info for 48-months lease?
  • MichaellMichaell Moderator Posts: 240,979
    hinadaddy said:

    kyfdx said:

    hinadaddy said:

    Hello, looking at the Challenger Hellcat 6-speed manual.
    MF and Residual for 36-months with:
    1) 10k miles per year
    2) 12k miles per yer

    Standard MF and 57%/56% residual
    thank you. can you also provide the same type of info for 48-months lease?
    50% / 49%

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  • thescout13thescout13 Member Posts: 18
    Hi need a MF (don't know what std is) and residual on 2016 Challenger R/T Scat Pack and Scat Pack Shaker for 36/10 or 12, 39/10 or 12, or 48/10.

    This is for California, 90094.
  • MichaellMichaell Moderator Posts: 240,979

    Hi need a MF (don't know what std is) and residual on 2016 Challenger R/T Scat Pack and Scat Pack Shaker for 36/10 or 12, 39/10 or 12, or 48/10.

    This is for California, 90094.

    36/12 numbers
    Scat Pack - standard MF (around .00200) and 63%
    Shaker - .00137 and 57%

    Add 1% for 10K
    Subtract 2% for 39 months

    48 month numbers not really viable.

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  • dmcc224dmcc224 Member Posts: 46
    Could I get 36/12 numbers for the SXT Plus?

    The dealer was telling me there is a distinction between tier 1 and tier 2 credit for the MF. (2.9 APR vs 1.9 APR)

    Thanks
  • kyfdxkyfdx Moderator Posts: 236,760
    dmcc224 said:

    Could I get 36/12 numbers for the SXT Plus?

    The dealer was telling me there is a distinction between tier 1 and tier 2 credit for the MF. (2.9 APR vs 1.9 APR)

    Thanks

    SXT: .00085 MF and 58% residual
    SXT+: .00054 MF and 58% residual

    If the lease is through Chrysler Capital, Tiers 1 & 2 are the same.
    Next tier down adds .00060

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  • boss111boss111 Member Posts: 4
    Was looking for September Residual and MF on SXT+ for 36/39/42 and 12k miles. Zip is 28025. Thanks!
  • MichaellMichaell Moderator Posts: 240,979
    boss111 said:

    Was looking for September Residual and MF on SXT+ for 36/39/42 and 12k miles. Zip is 28025. Thanks!

    36/12 - .00062 and 56%
    39/12 - .00062 and 54%
    42/12 - .00038 and 51%

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  • boss111boss111 Member Posts: 4
    Thanks!
  • lennyimpolennyimpo Member Posts: 3
    Hello,

    Can someone please provide me with the residual and money factor for a lease on a 2016 Challenger RT Scat Pack, 24/10 and 36/10; as well as 2016 Challenger 392 Scat Pack Shaker, 24/10 and 36/10. Location is New Jersey, zip code 08012.

    Also does anyone know what incentives are now available in September 2016? .

    Thanks
  • MichaellMichaell Moderator Posts: 240,979
    lennyimpo said:

    Hello,

    Can someone please provide me with the residual and money factor for a lease on a 2016 Challenger RT Scat Pack, 24/10 and 36/10; as well as 2016 Challenger 392 Scat Pack Shaker, 24/10 and 36/10. Location is New Jersey, zip code 08012.

    Also does anyone know what incentives are now available in September 2016? .

    Thanks

    Standard MF of around .00200

    Scat Pack - 69% / 63%
    392 Shaker - 66% / 60%

    No incentive information

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  • err0r4o4err0r4o4 Member Posts: 36
    (Hello, I just posted the text below on the 2015 thread... not realizing there was 2016 thread)
    What is the current Money Factor and Residual Value for a 2016 SXT (12,000/year, 36 month lease, Ft. Lauderdale Florida 33316)?

    Also, I'm looking at the following Incentives:
    2016 Dodge Challenger Bonus Cash $2,500
    2016 Chrysler, Dodge, Jeep, Ram Conquest Lease to Retail / Lease Bonus Cash $1,000
    AAA Member Savings $300

    Can they all be combine?

    Thanks so much for your help!!
  • MichaellMichaell Moderator Posts: 240,979
    err0r404 said:

    (Hello, I just posted the text below on the 2015 thread... not realizing there was 2016 thread)
    What is the current Money Factor and Residual Value for a 2016 SXT (12,000/year, 36 month lease, Ft. Lauderdale Florida 33316)?

    Also, I'm looking at the following Incentives:
    2016 Dodge Challenger Bonus Cash $2,500
    2016 Chrysler, Dodge, Jeep, Ram Conquest Lease to Retail / Lease Bonus Cash $1,000
    AAA Member Savings $300

    Can they all be combine?

    Thanks so much for your help!!

    .00099 and 57%

    Bonus cash may be a purchase only incentive.

    Don't know about AAA.

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  • err0r4o4err0r4o4 Member Posts: 36
    Michaell said:

    err0r404 said:

    (Hello, I just posted the text below on the 2015 thread... not realizing there was 2016 thread)
    What is the current Money Factor and Residual Value for a 2016 SXT (12,000/year, 36 month lease, Ft. Lauderdale Florida 33316)?

    Also, I'm looking at the following Incentives:
    2016 Dodge Challenger Bonus Cash $2,500
    2016 Chrysler, Dodge, Jeep, Ram Conquest Lease to Retail / Lease Bonus Cash $1,000
    AAA Member Savings $300

    Can they all be combine?

    Thanks so much for your help!!

    .00099 and 57%

    Bonus cash may be a purchase only incentive.

    Don't know about AAA.
    Thank you for the quick response. Could I also have the Money Factor and Residual Value SXT PLUS (everything else the same).
    Thanks
  • MichaellMichaell Moderator Posts: 240,979
    err0r404 said:

    Michaell said:

    err0r404 said:

    (Hello, I just posted the text below on the 2015 thread... not realizing there was 2016 thread)
    What is the current Money Factor and Residual Value for a 2016 SXT (12,000/year, 36 month lease, Ft. Lauderdale Florida 33316)?

    Also, I'm looking at the following Incentives:
    2016 Dodge Challenger Bonus Cash $2,500
    2016 Chrysler, Dodge, Jeep, Ram Conquest Lease to Retail / Lease Bonus Cash $1,000
    AAA Member Savings $300

    Can they all be combine?

    Thanks so much for your help!!

    .00099 and 57%

    Bonus cash may be a purchase only incentive.

    Don't know about AAA.
    Thank you for the quick response. Could I also have the Money Factor and Residual Value SXT PLUS (everything else the same).
    Thanks
    .00062 and 56%

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  • dudeitsweebsdudeitsweebs Member Posts: 19
    edited October 2016
    What's the residual and MF on a 2016 R/T scat pack 36/15k, Indiana(46901) and do you have any 2017 numbers yet? My brother works for FCA and I can get Employee pricing on either scat pack chargers or challengers and I'm wondering if I should wait for he 2017's because the RV will be at its peak? Plus I love the new colors they're making them in. Thanks in advance.
  • MichaellMichaell Moderator Posts: 240,979
    edited October 2016

    What's the residual and MF on a 2016 R/T scat pack 36/15k, Indiana(46901) and do you have any 2017 numbers yet? My brother works for FCA and I can get Employee pricing on either scat pack chargers or challengers and I'm wondering if I should wait for he 2017's because the RV will be at its peak? Plus I love the new colors they're making them in. Thanks in advance.

    2016 - .00213 and 60%

    2017 discussion is here:

    http://forums.edmunds.com/discussion/43173/dodge/challenger/2017-dodge-challenger-lease-questions/p1?new=1

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  • schand820schand820 Member Posts: 86
    Can you tell me the mf and residual for the Challenger R/T Plus 10k/ 36 months. Also is 36month the best lease option?
  • MichaellMichaell Moderator Posts: 240,979
    schand820 said:

    Can you tell me the mf and residual for the Challenger R/T Plus 10k/ 36 months. Also is 36month the best lease option?

    .00154 and 59%.

    Numbers expire today.

    .00141 and 55% for 42/10

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  • nyccarguynyccarguy Member Posts: 16,417
    I see them advertising a 24 month lease on a Challenger SXT. What do the 24 month 12K & 15K lease figures look like?

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  • MichaellMichaell Moderator Posts: 240,979
    nyccarguy said:

    I see them advertising a 24 month lease on a Challenger SXT. What do the 24 month 12K & 15K lease figures look like?

    Would love to tell you .... but, we didn't get any Chrysler Capital numbers for October.

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  • kyfdxkyfdx Moderator Posts: 236,760
    nyccarguy said:

    I see them advertising a 24 month lease on a Challenger SXT. What do the 24 month 12K & 15K lease figures look like?

    .00026 MF and 61%/60% residual

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  • needacaryoneedacaryo Member Posts: 4
    What is the MF and RV on a 2016 Challenger R/T and R/T Plus for a 36 month/10k in PA?
  • MichaellMichaell Moderator Posts: 240,979

    What is the MF and RV on a 2016 Challenger R/T and R/T Plus for a 36 month/10k in PA?

    R/T .00084 and 61%
    R/T+ .00154 and 59%

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