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Old 04-11-2017, 11:53 AM   #29
BlueSteel07
 
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If you're really set on leasing a car, you could look into a hellcat. I know it's not a ZL1 but it's somewhat similar. Several members on the Hellcat forum report getting their leases for around $500 a month. Dodge built a ton of those cars so it's easy to find good deals now. Just an idea.

http://www.hellcat.org/threads/hellc...-499-mo.62545/
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Old 04-11-2017, 11:56 AM   #30
Supercup
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Benefits of a lease:

1. If you own your own business you can write off your lease payments
2. End of term you simply hand car back plus and excess mileage charges and needed fixes.
3. You only pay tax on the amount of the car you buy (so if your residual is 55% - then you only pay tax on the 45% you bought).

Overall if you can write off and don't drive a lot of excess miles a lease will be the best way to buy things, protects your downside and sets a future option price you can buy at, if more than market you can trade that equity into your next car (which is rare but it does happen).

55% residual is pretty good - 3.14% finance rate is ok for great credit is ok, but not great, but good enough if the other areas work for you.
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Old 04-11-2017, 04:44 PM   #31
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Quoting Lease specials just pisses people off. That is why I do not quote them. It is + taxes and fees. Including paying taxes on the rebates. Taxes alone are one hundred dollars a month.


50% of the car over #36 months + taxes & fees minus discounts & incentives.
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Old 04-11-2017, 09:45 PM   #32
trident
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What were your options?

Quote:
Originally Posted by eddie c View Post
My dealer is giving hold back too, nice to see someone willing to post number for people that don't have access to them.

I did the convertible and MSRP was $74,255
My MSRP on convertible was $70,530 with hood, Gas guzzler, and 8"screen. Yours must be an automatic with higher gas guzzler?
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Old 04-26-2017, 06:29 AM   #33
eddie c
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Quote:
Originally Posted by trident View Post
My MSRP on convertible was $70,530 with hood, Gas guzzler, and 8"screen. Yours must be an automatic with higher gas guzzler?
Yes A10, CF hood and gas door, NAV, huyper blue, protection pkg and battery protection. With supplier and hold back it's $69,169.

Quote:
Originally Posted by hashtag
$1500 lease cash is available
$500 having a competitive lease
$500 GM lease loyalty
$1500 Chevrolet loyality
They are saying we can only get the $1,500 Chevy loyality. We have a truck on lease and a 2017 3500. How does one qualify for lease loyalty and competitive lease? Also what are your thoughts for May? Should I close now?!
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Old 04-26-2017, 08:16 AM   #34
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Quote:
Originally Posted by Supercup View Post
Benefits of a lease:

1. If you own your own business you can write off your lease payments
2. End of term you simply hand car back plus and excess mileage charges and needed fixes.
3. You only pay tax on the amount of the car you buy (so if your residual is 55% - then you only pay tax on the 45% you bought).

Overall if you can write off and don't drive a lot of excess miles a lease will be the best way to buy things, protects your downside and sets a future option price you can buy at, if more than market you can trade that equity into your next car (which is rare but it does happen).

55% residual is pretty good - 3.14% finance rate is ok for great credit is ok, but not great, but good enough if the other areas work for you.

On the subject of using a lease as a tax right off, wouldn't that be contingent upon several other factors? Such as the weight of the vehicle and if it used solely for work purposes? I'm not 100% sure but thats probably why it is more simplistic to obtain an F-150 and use that as a tax right off (contractors etc.)
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Old 04-26-2017, 08:17 AM   #35
CarFlow1
 
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Lease

Quote:
Originally Posted by BlueSteel07 View Post
If you're really set on leasing a car, you could look into a hellcat. I know it's not a ZL1 but it's somewhat similar. Several members on the Hellcat forum report getting their leases for around $500 a month. Dodge built a ton of those cars so it's easy to find good deals now. Just an idea.

http://www.hellcat.org/threads/hellc...-499-mo.62545/
I was looking into doing that. Thanks for the update. However, may have to shop around a bit for a competitive deal such as that.
Especially on a 17MY, one might be able to achieve that low of a payment on a 16MY though.
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Old 04-26-2017, 08:18 AM   #36
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Update: The hunt continues for a competitive lease deal what I can inform you of is that, for anyone that interested in using a car broker. Be very cautious when dealing with a company called DSR Leasing.
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Old 04-27-2017, 09:55 PM   #37
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Sorry for the derail...

Quote:
Originally Posted by CarFlow1 View Post
I was looking into doing that. Thanks for the update. However, may have to shop around a bit for a competitive deal such as that.
Especially on a 17MY, one might be able to achieve that low of a payment on a 16MY though.
I stopped by Naples Dodge yesterday to check out a Ram pickup. We drove past the two 2017 Challenger Hellcats they had on the lot and I jokingly asked the salesman how much they were leasing for. Considering they're $72,000 muscle cars I was expecting him to say something over $1000/month, but he nonchalantly said "probably $630 with nothing down". Needless to say I was taken aback by that number.

I don't think it would be too much work to get a 17 Hellcat for $550/month with $0 down.

Personally, I won't consider any monthly lease payment that is more than 1% of the vehicles MSRP, but for them to be at $630/month on a $72,000 car without even negotiating… wow. I’m also completely against putting any money down on a lease. It’s gone if you total the vehicle and instead of letting it earn you money via some investment, it’s artificially making you feel better about your monthly payment.
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