I was given a quote on a 2016 Dodge Durango Citadel AWD for $564 a month. This is with zero down, and this is in Nevada with a 8.1% sales tax. Based off these numbers, what do you think?
MSRP $46,574
Sale price $42,806 (after fees and add-ons)
Residual 52%
Money factor .00087
39months 10,000 miles a year
The 39/10 residual on the AWD Citadel is 55%; 52% is the 39/15 residual.
Using your numbers, as is, I get a payment of $578/mo after 8.1% tax is applied.
If I change the residual to 55%, the payment (after tax) drops to $541/mo
"down payment" is not the same as "money due at signing" for a lease - there is the first payment, acquisition fee, dealer fee and DMV costs usually due at signing. You can choose to add most of those into the cap cost.
Hello everyone. Brand new to leasing, so I was beyond thrilled to find this forum. Looking at a 2016 2WD Citdel with Technology Package. Have gotten two quotes so far on a 24 month, 12,000 mile/yr, but they are very different. One at $627/month and one at $714. Anyone know what MF and residual I should use when calculating what the payment should be? Sorry forgot to put Tampa, FL. Thanks in advance.
Hello everyone. Brand new to leasing, so I was beyond thrilled to find this forum. Looking at a 2016 2WD Citdel with Technology Package. Have gotten two quotes so far on a 24 month, 12,000 mile/yr, but they are very different. One at $627/month and one at $714. Anyone know what MF and residual I should use when calculating what the payment should be? Sorry forgot to put Tampa, FL. Thanks in advance.
Hello. I was given a quote for a 2016 Dodge Durango Limited lease 36 month/12K miles in Tampa FL MSRP $42080 down payment $2000 rebate $1500 additional $1600 discount
monthly payment $556 includes tax. Can anyone tell me if that is a reasonable for this vehicle. To me that payment seems high for $42K vehicle. Thanks
Hello. I was given a quote for a 2016 Dodge Durango Limited lease 36 month/12K miles in Tampa FL MSRP $42080 down payment $2000 rebate $1500 additional $1600 discount
monthly payment $556 includes tax. Can anyone tell me if that is a reasonable for this vehicle. To me that payment seems high for $42K vehicle. Thanks
If it's RWD, then .00001 MF and 51% residual.
That doesn't sound cheap to me, either. Would need the adjusted CAP cost to pin the payment down, but with a low residual and not much of a discount, it's not going to be cheap, either way. You'd need a big discount, and even then, I'm not sure I would consider it a bang for the buck.
Thanks. I just ran the numbers with $38980 cap cost, $2000 down payment, 51% residual and .00001MF and I am getting $480/month +tax. That seems more reasonable to me
For anyone that has gotten a Durango lease payment to the $400's how did you do it.
I've been targeting an msrp at the most of 43k Durango limited. I've been trying to say the payment I want $485 for example but the dealers come back with a $600-700 lease payment. What am I missing that you guys are doing to get these reasoble leases. It doesn't look like people are putting a ton of money down?
Can I have the MF and Residual for 2016 Durango SXT AWD, 12k/yr 48 mo for PA? Was quoted 2k at signing and 390 a month. Want to figure this out. Hope its not too late.
Can I have the MF and Residual for 2016 Durango SXT AWD, 12k/yr 48 mo for PA? Was quoted 2k at signing and 390 a month. Want to figure this out. Hope its not too late.
You don't want to lease this for 48 months - the numbers are horrible: .00213 and 44%
Msrp is 33,8. nothing finalized and nothing adjusted. it was a rough estimate before even doing credit and everything else. It was a general lease price information. When I go in to see Ill try to negotiate some kind of deal. The best rate is 42/12?
Msrp is 33,8. nothing finalized and nothing adjusted. it was a rough estimate before even doing credit and everything else. It was a general lease price information. When I go in to see Ill try to negotiate some kind of deal. The best rate is 42/12?
thanks guys. i would of walked into a lease blind. what if dealer wont do 42 ir anything lower? we were aiming for 36. If dealer wont budge from msrp should I walk away? Or if he does whats a good deduction off msrp?
thanks guys. i would of walked into a lease blind. what if dealer wont do 42 ir anything lower? we were aiming for 36. If dealer wont budge from msrp should I walk away? Or if he does whats a good deduction off msrp?
I dont want to fail this bluff
You control the discussion - lease term, prices, etc.
If you don't like what you are hearing, walk away. Lots of Dodge dealers out there - it only takes one to meet your terms.
I'm cross shopping the Nissan Pathfinder S 4x4 with the Durango SXT AWD and would like to know the current residual, MF and incentives for a 36/12K (or 39mos. if there's any advantage) in Cleveland, Ohio.
Also, I see that a lot of FCA leases are done through 3rd party banks. Is there a good way to compare the competing lease options?
I'm cross shopping the Nissan Pathfinder S 4x4 with the Durango SXT AWD and would like to know the current residual, MF and incentives for a 36/12K (or 39mos. if there's any advantage) in Cleveland, Ohio.
Also, I see that a lot of FCA leases are done through 3rd party banks. Is there a good way to compare the competing lease options?
Thanks Scott G.
We don't have the Chrysler lease numbers this month.
And we've never seen the third party numbers to compare against. Third party leases often come with large rebates to help the numbers.
I'm cross shopping the Nissan Pathfinder S 4x4 with the Durango SXT AWD and would like to know the current residual, MF and incentives for a 36/12K (or 39mos. if there's any advantage) in Cleveland, Ohio.
Also, I see that a lot of FCA leases are done through 3rd party banks. Is there a good way to compare the competing lease options?
Thanks Scott G.
Chrysler Capital: .00044 MF and 54%/52% residual for 36/39 mo, 12K/yr
Comments
Using your numbers, as is, I get a payment of $578/mo after 8.1% tax is applied.
If I change the residual to 55%, the payment (after tax) drops to $541/mo
Any money due at signing?
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Thanks in advance.
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MSRP $42080
down payment $2000
rebate $1500
additional $1600 discount
monthly payment $556 includes tax.
Can anyone tell me if that is a reasonable for this vehicle. To me that payment seems high for $42K vehicle.
Thanks
That doesn't sound cheap to me, either.
Would need the adjusted CAP cost to pin the payment down, but with a low residual and not much of a discount, it's not going to be cheap, either way. You'd need a big discount, and even then, I'm not sure I would consider it a bang for the buck.
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MSRP 44,670
Sell $40,010 including 695 acquisition and 125 doc fee
39 month 10k Lease - $0 Out the Door - $446/month
Does this fit residuals and MF for this model with zip of 57350?
Get $465 a month with your prices. Your deal looks pretty good by comparison
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Also residuals for SXT Plus 36/10 & 39/10.
SXT .00003 and 56% or 52%
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AWD .00059 and 55%
No incentive information.
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Limited: .00049 MF and 48%/46% residual
Citadel: .00139 MF and 51%/50% residual
2017 discussion is here:
http://forums.edmunds.com/discussion/42778/dodge/durango/2017-dodge-durango-lease-questions/p1?new=1
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I've been targeting an msrp at the most of 43k Durango limited. I've been trying to say the payment I want $485 for example but the dealers come back with a $600-700 lease payment. What am I missing that you guys are doing to get these reasoble leases. It doesn't look like people are putting a ton of money down?
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Was quoted 2k at signing and 390 a month.
Want to figure this out.
Hope its not too late.
42/12 numbers are better - .00001 and 49%
What is the MSRP and adjusted cap cost?
What does the $2000 at signing cover?
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If dealer wont budge from msrp should I walk away? Or if he does whats a good deduction off msrp?
I dont want to fail this bluff
If you don't like what you are hearing, walk away. Lots of Dodge dealers out there - it only takes one to meet your terms.
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Also, I see that a lot of FCA leases are done through 3rd party banks. Is there a good way to compare the competing lease options?
Thanks
Scott G.
And we've never seen the third party numbers to compare against. Third party leases often come with large rebates to help the numbers.
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.00044 MF and 54%/52% residual for 36/39 mo, 12K/yr
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LTD - .00007 and 50% / 46%
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http://forums.edmunds.com/discussion/42778/dodge/durango/2017-dodge-durango-lease-questions#latest
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48 month terms are not good for Chrysler.
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