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2016 Dodge Charger Lease Questions

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  • kyfdxkyfdx Moderator Posts: 235,175
    hudz2015 said:

    What is residual and money factor for sxt awd Wisconsin?

    hudz2015 said:

    3year 15k

    .00020 MF and 53% residual

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  • mlevinemlevine Member Posts: 581
    Hi guys
    Can I get the money factor and residual for SXT 2016 at 24 months and 12,000 a year. Thanks for your help.
  • tito0628tito0628 Member Posts: 38
    I'm in South FL and dealers down here still have 2016 SRT 392s and Hellcats. Could I get lease numbers for both, 36/12k? Thank you.
  • kyfdxkyfdx Moderator Posts: 235,175
    mlevine said:

    Hi guys
    Can I get the money factor and residual for SXT 2016 at 24 months and 12,000 a year. Thanks for your help.

    .00032 MF and 62% residual

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  • kyfdxkyfdx Moderator Posts: 235,175
    tito0628 said:

    I'm in South FL and dealers down here still have 2016 SRT 392s and Hellcats. Could I get lease numbers for both, 36/12k? Thank you.

    Standard MF and 49%/53% residual for SRT/Hellcat

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  • clevecar2017clevecar2017 Member Posts: 13
    looking at a 2016 charger scat- just got some initial numbers on a 36/10 and 48/10 - MSRP about $49k. was told that only incentive was $1500 but that it was basically cancelled out by destination, ect type charges. this assumes no money out of pocket as well. Cleveland Ohio

    36/10- 677.54 ---Residual was 28,609
    48/10- 645.21----Residual was 23,919

    Any thoughts? Residual seems low and rate seems high.
  • kyfdxkyfdx Moderator Posts: 235,175

    looking at a 2016 charger scat- just got some initial numbers on a 36/10 and 48/10 - MSRP about $49k. was told that only incentive was $1500 but that it was basically cancelled out by destination, ect type charges. this assumes no money out of pocket as well. Cleveland Ohio

    36/10- 677.54 ---Residual was 28,609
    48/10- 645.21----Residual was 23,919

    Any thoughts? Residual seems low and rate seems high.

    Standard MF and 60%/50% residual

    Seems like if they still have leftover 2016 models, they would be discounting them, no matter how popular they were, last year.

    But, not cheap to lease

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  • clevecar2017clevecar2017 Member Posts: 13
    thanks for the information- when I told them that the lease seemed high they quickly pushed a 2017 version with same terms for about $480/month - leasing game never makes sense to me.
  • kyfdxkyfdx Moderator Posts: 235,175

    thanks for the information- when I told them that the lease seemed high they quickly pushed a 2017 version with same terms for about $480/month - leasing game never makes sense to me.

    Once a car becomes one year old, the residuals drop too much to make it worth leasing. That's pretty typical,

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  • borgus02borgus02 Member Posts: 28
    edited January 2017
    Got mf/residual numbers for 2016 sxt awd for Columbus, OH? Any hidden incentives? 12k/36 month and 12/24
  • kyfdxkyfdx Moderator Posts: 235,175
    borgus02 said:

    Got mf/residual numbers for 2016 sxt awd for Columbus, OH? Any hidden incentives? 12k/36 month and 12/24

    .00020 MF and 62% residual
    .00018 MF and 57% residual

    No incentive info

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  • caruserpersoncaruserperson Member Posts: 24
    Hi, Could I have MF & RV on 2016 scat pack, auto trans, 36/10 and 36/12, TX for Jan please? Thanks in advance...
  • kyfdxkyfdx Moderator Posts: 235,175

    Hi, Could I have MF & RV on 2016 scat pack, auto trans, 36/10 and 36/12, TX for Jan please? Thanks in advance...

    Standard MF and 60%/59% residual

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  • magnumekmagnumek Member Posts: 53
    edited January 2017
    Could you please give me numbers for 2016 Dodge Charger R/T and SXT 24/15 and 36/15 for Long Island, NY?
  • MichaellMichaell Moderator Posts: 240,057
    magnumek said:

    Could you please give me numbers for 2016 Dodge Charger R/T and SXT 24/15 and 36/15 for Long Island, NY?

    24/15
    R/T .00022 and 63%
    SXT (RWD) .00026 and 62%

    36/15
    R/T .00003 and 57%
    SXT (RWD) .00018 and 56%

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  • magnumekmagnumek Member Posts: 53
    How about the numbers for 2016 Charger SXT in AWD for 24/15k and 36/15k? Long island
  • MichaellMichaell Moderator Posts: 240,057
    magnumek said:

    How about the numbers for 2016 Charger SXT in AWD for 24/15k and 36/15k? Long island

    .00028 and 61%
    .00018 and 55%

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  • magnumekmagnumek Member Posts: 53
    Michaell said:

    magnumek said:

    How about the numbers for 2016 Charger SXT in AWD for 24/15k and 36/15k? Long island

    .00028 and 61%
    .00018 and 55%
    Thank you very much. Are these numbers the same for all lenders or is it just for Chrysler and the MF would be different for a credit union?
  • kyfdxkyfdx Moderator Posts: 235,175
    magnumek said:

    Michaell said:

    magnumek said:

    How about the numbers for 2016 Charger SXT in AWD for 24/15k and 36/15k? Long island

    .00028 and 61%
    .00018 and 55%
    Thank you very much. Are these numbers the same for all lenders or is it just for Chrysler and the MF would be different for a credit union?
    It's just Chrysler Capital.

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  • magnumekmagnumek Member Posts: 53
    edited February 2017
    kyfdx said:


    It's just Chrysler Capital.

    Oh okay. There is a $5000 incentive when going with an other than Chrysler lender so I would go with that, Do you know the MF of other lenders?
    I would be grateful if you could answer one more question - are cash incentives on retail purchases available through lease as well?
  • kyfdxkyfdx Moderator Posts: 235,175
    magnumek said:

    kyfdx said:


    It's just Chrysler Capital.

    Oh okay. There is a $5000 incentive when going with an other than Chrysler lender so I would go with that, Do you know the MF of other lenders?
    I would be grateful if you could answer one more question - are cash incentives on retail purchases available through lease as well?
    We only have Chrysler Capital numbers.

    On FCA products, retail incentives usually aren't the same as lease incentives.

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  • amirasamiras Member Posts: 20
    Good afternoon. Do you have the numbers for the 2016 Hellcat 24/36/39 months with 10k?
    Thanks in advance!
  • MichaellMichaell Moderator Posts: 240,057
    amiras said:

    Good afternoon. Do you have the numbers for the 2016 Hellcat 24/36/39 months with 10k?
    Thanks in advance!

    .00020 and 69% for 24/10
    .00018 and 58% / 49% for 36/10 or 39/10

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  • johnsnowjohnsnow Member Posts: 57
    Hi do you have the numbers for a 36/10 lease on a r/t scat pack in south FLA?
  • MichaellMichaell Moderator Posts: 240,057
    johnsnow said:

    Hi do you have the numbers for a 36/10 lease on a r/t scat pack in south FLA?

    .00109 and 60%

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  • m45alenm45alen Member Posts: 32
    Hi there, what would be the residual/ MF for a 2016 charger SRT392 and Hellcat 36/months 10k a year in California? 
  • MichaellMichaell Moderator Posts: 240,057
    m45alen said:

    Hi there, what would be the residual/ MF for a 2016 charger SRT392 and Hellcat 36/months 10k a year in California? 

    SRT 392 - .00006 and 61%
    Hellcat - .00002 and 64%

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  • jmill012jmill012 Member Posts: 22
    Do you have 2016 Scat Pack and Hellcat residual and MF 36/10 zip code 21102
  • kyfdxkyfdx Moderator Posts: 235,175
    jmill012 said:

    Do you have 2016 Scat Pack and Hellcat residual and MF 36/10 zip code 21102

    Scat: .00109 MF and 60% residual
    Hellcat: .00002 MF and 64% residual

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  • jmill012jmill012 Member Posts: 22
    Thanks!
  • leepoffaithleepoffaith Member Posts: 38
    Could I get the March MF and residual for the 2016 Charger Scat 36 months 12k and 15k in Florida? thanks!
  • MichaellMichaell Moderator Posts: 240,057

    Could I get the March MF and residual for the 2016 Charger Scat 36 months 12k and 15k in Florida? thanks!

    .00238 and 60% / 58%

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  • mgonz1990mgonz1990 Member Posts: 10
    Hi guys! Can I get the March MF and residual for a 2016 Charger SRT 392 and Hellcat for 36 months @ 15k in South Florida? Thank you!
  • MichaellMichaell Moderator Posts: 240,057
    mgonz1990 said:

    Hi guys! Can I get the March MF and residual for a 2016 Charger SRT 392 and Hellcat for 36 months @ 15k in South Florida? Thank you!

    SRT 392 - .00006 and 58%
    Hellcat - .00002 and 61%

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  • scapone4scapone4 Member Posts: 11
    MF and Residual for 36/10, 36/12 for a Charger Scat Pack. Zip is 08753. Thank you!
  • MichaellMichaell Moderator Posts: 240,057
    scapone4 said:

    MF and Residual for 36/10, 36/12 for a Charger Scat Pack. Zip is 08753. Thank you!

    .00238 and 61% / 60%

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  • redls1redls1 Member Posts: 37
    2016 Dodge Charger Scat Pack
    mf and residual for 
    48/12k
  • MichaellMichaell Moderator Posts: 240,057
    redls1 said:

    2016 Dodge Charger Scat Pack
    mf and residual for 
    48/12k

    standard MF and 50%

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  • 1carcrazyguy1carcrazyguy Member Posts: 13
    edited March 2017
    Local dealer is telling me the "best" they can get on a 2016 Charger Hellcat is MF .00140 and 53% residual?  The numbers you post, are they from Chrysler Capital???
  • MichaellMichaell Moderator Posts: 240,057

    Local dealer is telling me the "best" they can get on a 2016 Charger Hellcat is MF .00140 and 53% residual?  The numbers you post, are they from Chrysler Capital???

    The numbers we post are from Chrysler Capital.

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  • 1carcrazyguy1carcrazyguy Member Posts: 13
    Filled out my Chrysler Cap app and got approved.  Approved to $79k. However 2 dealers in Oklahoma said they will not lease to me since I am not local? I see people leading cross country? So is there a general reason some dealers refuse? 
  • MichaellMichaell Moderator Posts: 240,057

    Filled out my Chrysler Cap app and got approved.  Approved to $79k. However 2 dealers in Oklahoma said they will not lease to me since I am not local? I see people leading cross country? So is there a general reason some dealers refuse? 

    As a private business, I suspect they can choose who they will (or won't) do business with.

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  • 1carcrazyguy1carcrazyguy Member Posts: 13
    Second dealer said they can't lease me a vehicle for the price I am seeking.  "If you were local and would use our service department, maybe.  Otherwise good luck with you search."
  • kyfdxkyfdx Moderator Posts: 235,175

    Second dealer said they can't lease me a vehicle for the price I am seeking.  "If you were local and would use our service department, maybe.  Otherwise good luck with you search."

    I would guess that most of their long distance shoppers never end up buying a car, so it's not worth it to them to invest time or money into it.

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  • 1carcrazyguy1carcrazyguy Member Posts: 13
    edited March 2017
    Second local dealer wants 4000 down and 620 a month for 2016 Hellcat Charger...MSRP is 71230. They would not say what they were "selling" it for other than they would match the "MF of .00002 and 61% residual"..... they would not show me anything about a sales price...period. 


    I am trying all local dealers, area dealers within 400 miles and nobody wants to get close to these 36 month/12k mile leases (60k sales price MF .00002 and 61% residual) for the $550 range I am seeing others post about. 
  • MichaellMichaell Moderator Posts: 240,057

    Second local dealer wants 4000 down and 620 a month for 2016 Hellcat Charger...MSRP is 71230. They would not say what they were "selling" it for other than they would match the "MF of .00002 and 61% residual"..... they would not show me anything about a sales price...period. 


    I am trying all local dealers, area dealers within 400 miles and nobody wants to get close to these 36 month/12k mile leases (60k sales price MF .00002 and 61% residual) for the $550 range I am seeing others post about. 

    To get $550/mo (before tax) with those prices and numbers, the adjusted cap cost has to be around $63,250 - not sure you can get $8K off sticker on a limited edition car like the Hellcat.

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  • 1carcrazyguy1carcrazyguy Member Posts: 13
    I have seen others post on the hellcat forum that they are getting these cars for 59999-61500.  Of course I am not sure how Texas works on the taxes for leases?  I have never leased before so this is all Greek to me.  The very best price I have been quoted so far is the $4000 down and $620 a month.  But again the dealer on that deal would not show me what the actual selling price was on that deal.  When I asked he said they did not work leases that way because it would only allow me to take his offer to another dealer. 
  • kyfdxkyfdx Moderator Posts: 235,175

    I have seen others post on the hellcat forum that they are getting these cars for 59999-61500.  Of course I am not sure how Texas works on the taxes for leases?  I have never leased before so this is all Greek to me.  The very best price I have been quoted so far is the $4000 down and $620 a month.  But again the dealer on that deal would not show me what the actual selling price was on that deal.  When I asked he said they did not work leases that way because it would only allow me to take his offer to another dealer. 

    Texas taxes the full selling price. That adds at least $100/mo. to the payment.

    I wouldn't bother with a dealer that tries to hide the numbers.

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  • 1carcrazyguy1carcrazyguy Member Posts: 13
    Thanks for the info and the education!  Looks like I have just about exhausted all my options in trying to get one.  I have spoke to just about every dealer I could find that had a 2016 Charger Hellcat on the lot and was showing any discount on it.  I did not bother the dealers that still show ADM (adjusted/area dealer markup).  I tried most all of Texas, Oklahoma, southern Kansas and New Mexico.  It seems to me if I pay what I see others paying 59999-61500.  Pay the TAX up front, with the current MF and residual %, it would be in the 450 payment range?

    4000 down for taxes (4000 divided by 36 months=111.11)

    550 payment other are getting. Then subtract the tax amount that was already paid, 111.11 would equal 438.89.   Maybe I am so lost I am not figuring this all correct???
  • kyfdxkyfdx Moderator Posts: 235,175

    Thanks for the info and the education!  Looks like I have just about exhausted all my options in trying to get one.  I have spoke to just about every dealer I could find that had a 2016 Charger Hellcat on the lot and was showing any discount on it.  I did not bother the dealers that still show ADM (adjusted/area dealer markup).  I tried most all of Texas, Oklahoma, southern Kansas and New Mexico.  It seems to me if I pay what I see others paying 59999-61500.  Pay the TAX up front, with the current MF and residual %, it would be in the 450 payment range?

    4000 down for taxes (4000 divided by 36 months=111.11)

    550 payment other are getting. Then subtract the tax amount that was already paid, 111.11 would equal 438.89.   Maybe I am so lost I am not figuring this all correct???

    Also, keep in mind. Purchase incentives may be different from lease incentives.

    If you've tried all those dealers, and none will meet your price, that's a pretty good sign that you aren't going to get that price.

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