2016 dodge challenger sxt in socal

Ask the Hackrs
1

Hi all,

Just received the following #s from my local dealership and I’m wondering if this lease can get even sweeter with the help of our experts:

• MSRP: $27,990
• Capitalized Cost: $24,243
• Residual: $16,514
• Money factor N/A
• $0 Down payment
• $0 security deposit
• 10k/36 months
• $249 = Lease price ( includes first month’s payment; total net capitalized cost reduction and base monthly payment, sales tax, license, title, registration, documentation fees and $3,000 Factory Rebate)

• $22 = CA State tax/month
• $271.41 = Total monthly cost
• $9,694 = Total lease cost (includes $400 disposition)

dealer is offering to save extra $1000 in the form of a Factory Rebate if you are current Lessee of a Non-Chrysler, Dodge, Jeep or RAM Truck
Can we do better on this? I’m ready to pull the trigger tomorrow.

2

Thanks for sharing. We don’t hear a lot about Challengers. Is this $271/month and $0 drive-off?

If so, looks solid – generally a monthly lease payment of 1% of MSRP (with only drive-offs due at signing) is considered great.

3

What do you mean dealer is offering an extra 1,000? Is that included in the monthly price you quoted or would it go down with the extra 1,000 they are offering?

4

Yes its $271/month and $0 drive off! thank you so much for the advice, we learned a lot from leasehackr.com

5

dealer is offering to save extra $1000 in the form of a Factory Rebate if you are current Lessee of a Non-Chrysler, Dodge, Jeep or RAM Truck

6

This is quote I currently have
35,865 msrp
34,961 invoice then was told he could do 500 under invoice
34,461
-3000 rebate
31,461 sale price

59% residual MF 0.00098
36/10 363.31 with tax and 1,088.26 drive off
Then mentioned I have competitive lease and he came back with a payment of 332.00 with tax

Asked for a 24 month lease quote and got 392.87 w/tax 1,207.82 drive off.

Not sure how much lower I can go, any ideas?

7

Try loyalty lease. That is 2000 rebate i believe if you have a chrysler vehicle.

8

I do not have a Chrysler and feel current quotes are ok, not spectacular.

9

hi, thanks for sharing the quote! is it in Socal? which dealer ? and which trim SXT plus or RT, thanks

10

Sxt plus, and the dealer was Scott Robinson in Torrance

11

Little late to the conversation but I got an SXT fully loaded, navigation, sat. radio, cameras, super premium sound. No money down I mean 0 36 month 12K/miles a year for 279/mth at Shaver in TO

12

hey Dana, thank you so much for the info! can you please provide us with the numbers ??
MSRP, SALE PRICE, MF ?? thank you