I get a specific VIP discount but I can not use Chrysler Capital for the leasing company. One dealer quoted me Ally, which has a great RV of 62%. Ally’s money factor is .00271 (6.5%) for Tier S
Do you think this MF is negotiable? Seems high based on current interest markets
Thanks
Can you clarify this? That sounds an awful lot like IDL cash.
Its a fleet discount i get through a franchise I own. If I elect to receive the discount, I can not use retail incentives or MF through Chrysler Capital. Leaves me with US Bank or ALLY. US Bank will not do business leases. Ally’s MF is ridiculous. Do you think I could negotiate that?
Thanks
You’ll need to determine what buy rate is to see if it’s being marked up to see if it’s negotiable or not. It’s typical on FCA products to have non capitive banks have larger incentives (IDL cash) with much higher MF/lower RVs.
How do you go about finding buy rate?
Edmunds leasing forums.