2018 Dodge Durango GT AWD
SRT fascia & hood
20" Pirelli Scorpion Verdes
8.4" center display
Beats Audio upgrade
Sunroof
MSRP: $47,270Selling Price: $43,622 (7.72% dealer discount)Residual: $23,635 (50%)MSD: N/AIncentives: $8250Trade-in: $1100 (2000 Jeep Grand Cherokee, 180k miles, poor condition)Net Cap Cost: $34,272Months: 36Annual Mileage: 12,000MF: .00165 (US Bank)
Monthly Payment: $410 (0.87% of MSRP)Cash Due at Signing: $1,630
Leasehackr score: 9.6 years
Total lease cost: $16,403
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The 1% rule assumes $0 down. You put money down, so your slightly above 1% at $487/month. On that, you did fine.
Grand Cherokees lease a lot better, but if you need the third row, not an option.
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Did they take the trade in cash in addition to the money you put down or does the cash down include the 1100 from the trade?
Due-at-signing was first month’s payment plus acquisition/doc/DMV fees. Does not include trade-in. Trade-in cash was applied to cap cost along with factory incentives.
that is a nice looking beast. Enjoy!
this is exactly what i am looking for, Beats Audio and sunroof options for my Durango.
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max_g
October 2, 2018, 12:45pm
6
So it’s effectively $2,730 DAS
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EC99
October 2, 2018, 1:12pm
7
At that price (or even higher factoring in his trade in) I’d have a hard time choosing a Durango over a Highlander or even an end of model year 2018 MDX.
