Quote:
Originally Posted by MPScan
There are two major potential reasons for lease differences like this:
1. Chrysler is subsidizing the Challenger lease more than GM on the Camaro, to boost sales and/or get rid of excess inventory.
2. All leases are based on an agreed upon residual value at lease end. (or Chrysler is increasing the residual value artificially) so its lease monthly payment is lower.
It could be one or both of the above.
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It's both. FCA knows these cars have terrible resale value, so they have to encourage people with only money for a used car to pick up a new one instead. BMW does the same thing. It makes leasing a great option for them but destroys their value in the long run.
Quote:
Originally Posted by 313RS
My parents helped pay for that car, got an amazing deal for it too. I've been working and saving money for around five years now, and also do not have tuition to worry about (scholarship). Money is not a huge issue but I am a money saver by nature and want to get the best deal possible. I would prefer to lease my car as well for several reasons.
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So good you won't have one huge bill over your head but how is your credit? Most lease deals require AAA credit ratings to get the advertised payment (+ money down...which is unwise when leasing). There are also various fees associated with leasing and turn in that many people leave out for the total cost of the car. So keep that in mind. What are your reasons for wanting to lease?
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