2016 Dodge Challenger Lease Questions

Michaell · March 2017

redls1 said:
After redoing the worksheet it seems to come out to that. How are they rolling everything but first payment in? A local dealer wont touch it , is that because they would lose more money or not the same financing company?

Hard to say, really. Could be dealer 2 is counting on some volume bonus money, and they are willing to make a loser deal to qualify.

wannahc · March 2017

Hello, looking for MF and Residual for a 16 Hellcat msrp 65985..selling price $59485. I was told I was in Chrysler Tier 2 and they also require a $700 security deposit. Lease term is 36/12000. Zip code is 95758. I'm also eligible for a $1000 rebate because I own a Ford. Thanks for any information.

Michaell · March 2017

wannahc said:
Hello, looking for MF and Residual for a 16 Hellcat msrp 65985..selling price $59485. I was told I was in Chrysler Tier 2 and they also require a $700 security deposit. Lease term is 36/12000. Zip code is 95758. I'm also eligible for a $1000 rebate because I own a Ford. Thanks for any information.

.00007 and 63%; add .00021 for tier 2.

No information on incentives.

With your prices, and the tier 2 MF, I get a payment of $526/mo before tax.

wannahc · March 2017

Michaell said:

Hello, looking for MF and Residual for a 16 Hellcat msrp 65985..selling price $59485. I was told I was in Chrysler Tier 2 and they also require a $700 security deposit. Lease term is 36/12000. Zip code is 95758. I'm also eligible for a $1000 rebate because I own a Ford. Thanks for any information.
.00007 and 63%; add .00021 for tier 2. No information on incentives. With your prices, and the tier 2 MF, I get a payment of $526/mo before tax.

Thanks for the info Michaell. The dealer quoted me $677 with taxes for the payment. I thought that was high. I wonder where they're getting that extra $110 on the payment from? Thanks again!

Michaell · March 2017

wannahc said:

Michaell said:

wannahc said:
Hello, looking for MF and Residual for a 16 Hellcat msrp 65985..selling price $59485. I was told I was in Chrysler Tier 2 and they also require a $700 security deposit. Lease term is 36/12000. Zip code is 95758. I'm also eligible for a $1000 rebate because I own a Ford. Thanks for any information.
.00007 and 63%; add .00021 for tier 2.

No information on incentives.

With your prices, and the tier 2 MF, I get a payment of $526/mo before tax.

Thanks for the info Michaell. The dealer quoted me $677 with taxes for the payment. I thought that was high. I wonder where they're getting that extra $110 on the payment from? Thanks again!

Could be a MF markup

Could be hidden fees; ask for the adjusted cap cost.

wannahc · March 2017

Michaell said:

Michaell said:

Hello, looking for MF and Residual for a 16 Hellcat msrp 65985..selling price $59485. I was told I was in Chrysler Tier 2 and they also require a $700 security deposit. Lease term is 36/12000. Zip code is 95758. I'm also eligible for a $1000 rebate because I own a Ford. Thanks for any information.
.00007 and 63%; add .00021 for tier 2. No information on incentives. With your prices, and the tier 2 MF, I get a payment of $526/mo before tax.

Thanks for the info Michaell. The dealer quoted me $677 with taxes for the payment. I thought that was high. I wonder where they're getting that extra $110 on the payment from? Thanks again!
Could be a MF markup Could be hidden fees; ask for the adjusted cap cost.

Thanks again for the help sir

stuckinlodi · April 2017

.00007 and 63%

Are those still the current Hellcat numbers?

Michaell · April 2017

stuckinlodi said:
.00007 and 63%

Are those still the current Hellcat numbers?

Yes, for 36/12

stuckinlodi · April 2017

Is it true that Chrysler deducts 2% from residual for Manual Transmissions on the Hellcats?

kyfdx · April 2017

stuckinlodi said:
Is it true that Chrysler deducts 2% from residual for Manual Transmissions on the Hellcats?

We don't have anything that shows separate numbers for manual transmission, but that doesn't mean that it isn't true.

Dealers don't have the authority to change residuals.

antnyv17 · April 2017

Looking for lease info for 2016 challenger R/T 36 month 20k miles msrp 40k., discounted to 32k

antnyv17 · April 2017

forgot to mention this is for right outside philadelphia pa

kyfdx · April 2017

antnyv17 said:
Looking for lease info for 2016 challenger R/T 36 month 20k miles msrp 40k., discounted to 32k

.00046 MF and 56% residual for 36/15.

You'll have to check with a dealer, to see how much the residual is reduced for the extra 15K miles.

antnyv17 · April 2017

thank you, I am going to the dealer today or tomorrow to see what numbers they give me

antnyv17 · April 2017

I received a quote of 532 a month for 39 month lease 20k miles a year. going off the info you gave me i should be under the 400$ a month mark.. waiting to hear back on a list of what makes up the 532 a month

kyfdx · April 2017

antnyv17 said:
I received a quote of 532 a month for 39 month lease 20k miles a year. going off the info you gave me i should be under the 400$ a month mark.. waiting to hear back on a list of what makes up the 532 a month

If you are getting $8000 off, that might include incentives that aren't applicable to a lease. Or, they might be going through a 3rd party bank, which gives them a bigger rebate to work with.

antnyv17 · April 2017

This is their expansion of 532$ a month. I have to tell them I was quoted at 32,650$ for the car. But other than that not sure this is a good deal

MSRP $40,475
Sale price $37,156
Lease rebates $3,500

Lease tax 11% (Philadelphia 8% plus 3% lease tax) $2,972.48
New tags, doc fee, registration $300.15
Chrysler Capital money factor 0.00118
Residual 53%

Lease for 39 months/20,000 miles per year
$0 Down, payments are $532

36 months is not showing as an option for 20,000 miles per year.

kyfdx · April 2017

antnyv17 said:
This is their expansion of 532$ a month. I have to tell them I was quoted at 32,650$ for the car. But other than that not sure this is a good deal

MSRP $40,475
Sale price $37,156
Lease rebates $3,500

Lease tax 11% (Philadelphia 8% plus 3% lease tax) $2,972.48
New tags, doc fee, registration $300.15
Chrysler Capital money factor 0.00118
Residual 53%

Lease for 39 months/20,000 miles per year
$0 Down, payments are $532

36 months is not showing as an option for 20,000 miles per year.

So, it's an R/T Plus? The numbers are different from the R/T
I show that model as .00118 MF and 53% residual for 39/15.
Seems like the residual would have to be reduced to account for the extra mileage over 15K/yr.
Don't know the actual reduction, but at $0.15 per mile, that would be an extra $2250 residual reduction.

The only upfront tax in PA would be on the rebates. The rest of it is applied against the payment, monthly.
So, you'd have $385 tax added to the CAP cost, then 11% on each monthly payment.

$33656 selling price minus rebates
$385 tax on rebate
$300 fees
$34341 adjusted CAP cost.
Adjusted the residual down to 47.4% to account for the extra mileage (60K vs. 45K miles). Don't know if that's correct, but it's a good estimate. ($0.15/mi. residual reduction).
That gives me a payment of $484/mo.+ 11% tax = $537/mo.

I did a lot of estimating (guessing?), but that's pretty close. The R/T Plus lease program isn't as good as the R/T.

antnyv17 · April 2017

so those numbers are pretty much exact what she gave me, what would it be if I did a standard 39\15 lease term? am I getting in the ball park of mid 400's a month?

Michaell · April 2017

antnyv17 said:
so those numbers are pretty much exact what she gave me, what would it be if I did a standard 39\15 lease term? am I getting in the ball park of mid 400's a month?

The $2250 of residual reduction that you won't have works out to $55-60/mo, before tax.

$484 - $58 = $426 * 11% = $473/mo.

antnyv17 · April 2017

does this sound like a good deal for the car? 0 money down. should I make sure there is no hidden fees that I could possibly get waived.

Michaell · April 2017

antnyv17 said:
does this sound like a good deal for the car? 0 money down. should I make sure there is no hidden fees that I could possibly get waived.

We don't track selling prices; use the "make / model / year" pull downs at the top of the page to link to the price tools.

If the lease is a true 'sign and drive' - nothing due at signing - then it looks pretty good.

antnyv17 · April 2017

what would be the lease info on a 2016 challenger R\T shaker

and a 2017 R\T Plus the cars are for sale in NJ but I live in PA

kyfdx · April 2017

antnyv17 said:
what would be the lease info on a 2016 challenger R\T shaker

and a 2017 R\T Plus the cars are for sale in NJ but I live in PA

2016 R/T Shaker: .00046 MF and 52% residual for 36/15
2017 R/T Plus: .00054 MF and 58% residual for 36/15

stuckinlodi · April 2017

Would love to see the 2016 RT Scat pack numbers

24/12
36/12

Thank you!

Michaell · April 2017

stuckinlodi said:
Would love to see the 2016 RT Scat pack numbers

24/12
36/12

Thank you!

.00186 and 66%
.00183 and 60%

stuckinlodi · April 2017

Thank you!

Are there numbers for a 24/12k 2016 Challenger Hellcat?

Michaell · April 2017

stuckinlodi said:
Thank you!

Are there numbers for a 24/12k 2016 Challenger Hellcat?

.00001 and 70%

wannahc · April 2017

Michael, are the numbers the same for a 17 Hellcat?
Tier 2
36/12,000
95758 zip

kyfdx · April 2017

wannahc said:
Michael, are the numbers the same for a 17 Hellcat?
Tier 2
36/12,000
95758 zip

2017 discussion is here:
https://forums.edmunds.com/discussion/43173/dodge/challenger/2017-dodge-challenger-lease-questions#latest

tinline6 · May 2017

Hello,

Can you let me know what the MF and residual are for an auto 2016 SRT & Hellcat when the May numbers arrive? 24/12 and 36/12.

Thank you!

kyfdx · May 2017

tinline6 said:
Hello,

Can you let me know what the MF and residual are for an auto 2016 SRT & Hellcat when the May numbers arrive? 24/12 and 36/12.

Thank you!

SRT392:
.00008 MF and 65% residual
.00011 MF and 59% residual
Hellcat:
.00001 MF and 68% residual
.00007 MF and 62% residual

wannahc · May 2017

kyfdx said:

Hello,

Can you let me know what the MF and residual are for an auto 2016 SRT & Hellcat when the May numbers arrive? 24/12 and 36/12.

Thank you!

SRT392:
.00008 MF and 65% residual
.00011 MF and 59% residual
Hellcat:
.00001 MF and 68% residual
.00007 MF and 62% residual

Is there a difference in numbers between auto and manual?

wannahc · May 2017

Michaell said:

Hello, looking for MF and Residual for a 16 Hellcat msrp 65985..selling price $59485. I was told I was in Chrysler Tier 2 and they also require a $700 security deposit. Lease term is 36/12000. Zip code is 95758. I'm also eligible for a $1000 rebate because I own a Ford. Thanks for any information.

.00007 and 63%; add .00021 for tier 2.

No information on incentives.

With your prices, and the tier 2 MF, I get a payment of $526/mo before tax.

Is the MF and residual still the same as these for may? Including tier 2..36/12k

Michaell · May 2017

wannahc said:

Michaell said:

wannahc said:
Hello, looking for MF and Residual for a 16 Hellcat msrp 65985..selling price $59485. I was told I was in Chrysler Tier 2 and they also require a $700 security deposit. Lease term is 36/12000. Zip code is 95758. I'm also eligible for a $1000 rebate because I own a Ford. Thanks for any information.

.00007 and 63%; add .00021 for tier 2.

No information on incentives.

With your prices, and the tier 2 MF, I get a payment of $526/mo before tax.

Is the MF and residual still the same as these for may? Including tier 2..36/12k

.00007 and 62% for 36/12 in May

Add .00021 for tier 2

ghva226 · May 2017

Hi guys,
Can I please get the MF and residual for a 2016 Hellcat?
Zip: 07932
Mileage: 10k /year
Duration: 36 months
Thank you so much.
All the best
Gus

kyfdx · May 2017

ghva226 said:
Hi guys,
Can I please get the MF and residual for a 2016 Hellcat?
Zip: 07932
Mileage: 10k /year
Duration: 36 months
Thank you so much.
All the best
Gus

.00007 MF and 63% residual

cnote2 · June 2017

Hellcat 36m 12k numbers for June?

kyfdx · June 2017

cnote2 said:
Hellcat 36m 12k numbers for June?

Standard MF and 52% residual

Looks like lease support might be gone for the 2016 models.

buyorleasechal · July 2017

Any help that can be provided on a 2016 SRT 392 on a 36/12 for MF and RV? Zip code is 65714, if that makes a difference. I wasn't sure if they are still doing lease offers base on previous comments. Found one that is still selling New and I'm looking to strike a deal, if possible.

Michaell · July 2017

buyorleasechal said:
Any help that can be provided on a 2016 SRT 392 on a 36/12 for MF and RV? Zip code is 65714, if that makes a difference. I wasn't sure if they are still doing lease offers base on previous comments. Found one that is still selling New and I'm looking to strike a deal, if possible.

Standard MF and 50%

pavicarguy · October 2017

Hi I've noticed that there are quite a few of new 2016 hellcats for sale with hefty discounts and was wondering what is the most accurate MF and Residual if they still have them available for lease for 36/10 in socal. thank you

Michaell · October 2017

pavicarguy said:
Hi I've noticed that there are quite a few of new 2016 hellcats for sale with hefty discounts and was wondering what is the most accurate MF and Residual if they still have them available for lease for 36/10 in socal. thank you

There are no numbers for the 2016 Challenger.

2016 Dodge Challenger Lease Questions

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