Need some wisdom from the experts here. Went to my local Dodge store and they were pretty transparent with the terms. 2017 Challenger Scat Pack.
On 24mo leases (10k miles) they weren’t able to get any better than ~479/mo with US Bank, (.0013 MF and 75% residual, $0 cash out of pocket),
Below is the 36 month lease, which seems more palatable, Residual is 69%, and MF is .0013.
$41,700 MSRP
Sales price: $40,228
$10 Govt fee
$399 doc fee
$1395 Capitalized taxes
$795 Acquisition Fee
$42,032 Gross cap cost
$1750 rebate ($750 from US Bank(?), $1000 conquest, they said this is all they know of that applies. Oklahoma for reference. (I have USAA, Amex, etc)
$1395 cash cap reduction
38,887 net cap cost
Amount paid by customer: $2558
36 Mos./10k miles, $369-379/Mo
Or, without the $1395 cash tax upfront, $409/Mo.
The other offer:
$1787 paid by customer,
$392/mo
with down $1395 cash(which is tax) (+fees)
without the $1395 it’s “$433-443/mo”
This dealer is inexperienced with leases, by their own admission very rarely doing them especially on these cars. Apparently its not a popular option in OK.
Am Considering ordering the car to my specifications so that I can ask for a USAA discount if one pops up by april, while the car is being made.
There is no IDL currently. Anything else I should know?
I thought mid-upper $300s/mo may be possible with Tier 1 credit, absolutely $0 down and 10k/mi leases. Thanks!