How does this on a 2017 Dodge Challenger SXT seem?

MSRP: 28,895
Incentives $5,000
Sale Price: 23,895
Money down: $0
Out the door cost: $600
MF: 0.00193
RV: 57%
Term: 36 months, 12K miles
Payment: $284/month

You should be able to do much better. That’s no discount at all from the dealer.

Really? So should I aim for less incentives and more money off MSRP.

No, you should aim for more discount off MSRP in addition to the $5k incentive.

Interesting. This is literally my first time leasing so I’m figuring this out as I go.

I have another offer for a 2017 Challenger GT with the following:

MSRP-35485
sale price 32000
Incentives: $5000
$0 down
money factor-0.00125
269 mo otd 12k yr 42 mos.