Lease Rates for March

[tkracing1]

Took me a while to accumulate but here they are...

These are for 15k/36 mo leases for CC. Residuals go up when leasing for 12 and 10k. Power Dollars do not apply to leases only if you purchase.

2020 Dodge Challenger
Scat Pack .00172 MF and 61% residual
Scat Pack WB .00172 MF and 61% residual
Hellcat .00032 MF and 58% residual
Hellcat WB .00032 MF and 58% residual
Hellcat RE or REWB Standard Rate

2020 Dodge Charger
Scat Pack .00111 MF and 57% residual
Scat Pack WB .00111 MF and 57% residual
Hellcat WB .00010 MF and 61% residual

 

[tkracing1]

I am working on 2019 lease rates now...

 

[Designflaw]

Could you provide a complete example to help understand the mumbo lol.

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[MRmagoo]

Cool. Really attractive rates on charger hellcat IMO...I just wish you could lock in rates on an ordered car and not play roulette with mf/residuals changing to make the deal less attractive to the point of not wanting the car.

 

[MRmagoo]

What's the standard mf this month?

 

[MikeD1]

Could you provide a complete example to help understand the mumbo lol.

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Just plug the #'s in here:
https://www.calculator.net/auto-lease-calculator.html

Remember the 'price' or cap cost on a lease can be negotiated with the dealer, tho they will try to do the deal @ MSRP.
Be careful subtracting incentives as many do not apply to leases (like the power $$) !!

 

[Tannehill]

Have it in email one of my contacts will do 5% under invoice on ordered leases. Again, no power dollars apply to leases, however.

 

[2pac]

Took me a while to accumulate but here they are...

These are for 15k/36 mo leases for CC. Residuals go up when leasing for 12 and 10k. Power Dollars do not apply to leases only if you purchase.

2020 Dodge Challenger
Scat Pack .00172 MF and 61% residual
Scat Pack WB .00172 MF and 61% residual
Hellcat .00032 MF and 58% residual
Hellcat WB .00032 MF and 58% residual
Hellcat RE or REWB Standard Rate

2020 Dodge Charger
Scat Pack .00111 MF and 57% residual
Scat Pack WB .00111 MF and 57% residual
Hellcat WB .00010 MF and 61% residual

I think it's worth noting 24 month leases are also viable for the charger hc widebody. 24/10 is .00030 mf and 74% residual.

 

[Tannehill]

Can either of you lease gurus run numbers on a 2020 Charger Hellcat sold for 69382.30 (5% under invoice). State of occupancy for car would be DE, dealer doc fee is $799. Would prefer 15k miles and as little down as possible.

Yeah, I know there are calcs, but I trust the gurus more if they have time (and if a lot of folks are interested in leasing, I think some members good at it should consider running #s for them ) I've run purchase #s in the past for folks via PM, but even with calcs my lease number skills suck.

 

[2pac]

msrp before gas guzzler tax?

 

[Tannehill]

msrp before gas guzzler tax?

$73,725

 

[2pac]

$73,725

leasehackr.com/calculator?make=Dodge&miles=15000&msd=0&msrp=71625&sales_price=69382.50&months=36&mf=.00010&dp=0&dealer_fee=799&acq_fee=595&taxed_inc=0&untaxed_inc=0&rebate=0&resP=61&reg_fee=400&sales_tax=4.25&demo_mileage=0&memo=&zero_driveoff=true&salesPriceTax_radio=true

keep in mind we also pay a 2% usage tax on top of 4.25% tax on sales price so multiply the monthly by 1.02 (example $878 x 1.02 = $895.56)

This is with 0 due at signing, if you add in dealer fees, title, tag, first months payment then add up your total das divide that by whatever lease term you are on and then subtract that number from your monthly and then recalculate the 2% usage tax.

for example $1000 das/ 36 months = $27.78

$878- $27.78 = $850.22 x 1.02 = $867.23.
base payment - (das / term) = new base payment multiplied by 2% usage tax = final payment.

Also if you want to test the 24 month term go into the residual and change it to 71, change the term from 36 to 24, and then change the mf from .00010 to .00030

 

[Tannehill]

leasehackr.com/calculator?make=Dodge&miles=15000&msd=0&msrp=71625&sales_price=69382.50&months=36&mf=.00010&dp=0&dealer_fee=799&acq_fee=595&taxed_inc=0&untaxed_inc=0&rebate=0&resP=61&reg_fee=400&sales_tax=4.25&demo_mileage=0&memo=&zero_driveoff=true&salesPriceTax_radio=true

keep in mind we also pay a 2% usage tax on top of 4.25% tax on sales price so multiply the monthly by 1.02 (example $878 x 1.02 = $895.56)

This is with 0 due at signing, if you add in dealer fees, title, tag, first months payment then add up your total das divide that by whatever lease term you are on and then subtract that number from your monthly and then recalculate the 2% usage tax.

for example $1000 das/ 36 months = $27.78

$878- $27.78 = $850.22 x 1.02 = $867.23.
base payment - (das / term) = new base payment multiplied by 2% usage tax = final payment.

Also if you want to test the 24 month term go into the residual and change it to 71, change the term from 36 to 24, and then change the mf from .00010 to .00030

Thank you, this should also help other folks!

 

[ers392]

Have it in email one of my contacts will do 5% under invoice on ordered leases. Again, no power dollars apply to leases, however.

What dealer?


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[Tannehill]

What dealer?


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mo

What dealer?


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6 months too late. One of my contacts went MIA.

Craig at Koons will do 4% below invoice on ordered lease cars, but you must wait until the car is at the dealer to know what the actual lease numbers will be, and you are going to have to make a commitment to the car before that happens.