Can anyone figure a lease payment?

[JonW]

Having just bought a new house and not having sold my old one yet, I want to conserve cash. So I'm considering leasing my Challenger and buying out the lease. Can anyone figure a payment?

$36,330 MSRP
$5000 down
36 months
10K miles per year

How much is the buyout at the end of the lease?

Thanks!

[Steeler]

Originally Posted by JonW

Having just bought a new house and not having sold my old one yet, I want to conserve cash. So I'm considering leasing my Challenger and buying out the lease. Can anyone figure a payment?

$36,330 MSRP
$5000 down
36 months
10K miles per year

How much is the buyout at the end of the lease?

Thanks!

There is no way to figure out a lease with the info you provided. You would need the residual value, plus a money factor.

[JonW]

Originally Posted by Steeler

There is no way to figure out a lease with the info you provided. You would need the residual value, plus a money factor.

Uh huh. That's why I asked, thinking maybe a Dodge salesperson would chime in. I don't have those figures.

[SRTpusher]

Originally Posted by JonW

Uh huh. That's why I asked, thinking maybe a Dodge salesperson would chime in. I don't have those figures.

getting residuals right now

[championjeep]

Based on a 2008 SRT, which is the only way I can run it right now. At 36 months with 5k down you would be in the $570's. That is based on my local taxes in Illinois as well. If I had to guess I would say the 09's will be real close to the same.

[SRTpusher]

yep, 2009 residuals are not out yet. big thing with the 2008 models is the year is almost done and residuals tend to be lower at year end.

[challenger0687]

Originally Posted by JonW

Having just bought a new house and not having sold my old one yet, I want to conserve cash. So I'm considering leasing my Challenger and buying out the lease. Can anyone figure a payment?

$36,330 MSRP
$5000 down
36 months
10K miles per year

How much is the buyout at the end of the lease?

Thanks!

Should be around $470 per month with the residual just under $20K.

Info here: 2008 Dodge Challenger SRT8 Lease Quotes

[425hpChargerSRT8]

Originally Posted by championjeep

Based on a 2008 SRT, which is the only way I can run it right now. At 36 months with 5k down you would be in the $570's. That is based on my local taxes in Illinois as well. If I had to guess I would say the 09's will be real close to the same.

Can you lease an SRT? If so how would i go about doing that? I wouldnt mind doing a buy out at the end of the lease. I have two cars, so this would be a great way for me to keep them.

[tnek]

Im hoping Chrysler will have 09 leasing info soon for my ordered SRT8. I would like to put 10-12 down to keep payments down for a 39 month lease and then buy it out.

[championjeep]

Originally Posted by 425hpChargerSRT8

Can you lease an SRT? If so how would i go about doing that? I wouldnt mind doing a buy out at the end of the lease. I have two cars, so this would be a great way for me to keep them.

Yes you can, they just dont lease out as well as most vehicles.