newbie1
Posts: 28
Joined: Wed Feb 15, 2017 12:05 am

American Leasing numbers

Mon Apr 24, 2017 9:50 pm

Email from Dealer:

Today Chrysler Capital announced that the residuals for 10k/year are 24=62%, 27=61%, 36=58%, 39=55%, 42=53%.​ ​ Other miles are available at a little lower percentages.​ ​ The acquisition fee is $595, GAP is included.​ ​ The security deposit is equal to one month's payment rounded up to the next $25 interval.​ ​ As there​ are no incentivized money factors, a customer's credit, down payment, score, etc will determine the money factor as there are 5 tier levels.

We are expecting to hear from Ally soon as to their rates.
Asked about Tax Credit
According to Chrysler's literature on the Hybrids:

Chrysler Capital provides tax credit to the consumer in the form of enhanced residual points (lowering monthly payment)
Leasing a hybrid may turn out to be very expensive if there aren't any direct tax credits or incentives

Finally I asked about extra discounts and who applies

Eligible consumers include: active military, active military reserve, retired military (honorably discharged),
and retired military reserve (honorably discharged). Honorably discharged veterans within 12 months of
discharge date, and 100% disabled veterans are eligible.

evnow
Posts: 1
Joined: Mon Apr 17, 2017 4:59 pm

Re: American Leasing numbers

Tue Apr 25, 2017 7:00 pm

According to Chrysler's literature on the Hybrids:

Chrysler Capital provides tax credit to the consumer in the form of enhanced residual points (lowering monthly payment)
This is totally ridiculous. $7,500 is nearly 20% of the price. So, do they think the van is only worth 42% (and they increased that to 62%) after 2 years ? So, a $45k will be worth $18,900 after 2 years ?

This also means if someone wants to purchase the van after lease, they are giving up on $7,500 completely, since they have to pay $27,900 to buy the car (instead of what it is apparently worth $18,900).

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