jhl1963

Guys, I understand Chrysler is not leasing anymore - my dealer quoted me 49% residual, .00215. Not crazy about either - anybody have any comparables/do better? I believe this is through US Bank.

Thanks

BLK 6050

I have only leased one vehicle, an H-3. I would never lease again because of mileage limits, etc. placed on the vehicle. Unless you plan on leasing short term, then leasing your next vehicle, etc, etc...I can not see any advantage. I got out from under my lease in a very good way only because the dealer wanted the H-3 bad and the mileage was super low.
I wouldn't even consider leasing a Challenger, because I want to drive and run up the mileage. Can't see keeping a car like this in the garage. (just my two cents, for what it's worth)

jhl1963

BLK - funny, I too leased an H3. One of the best deals on a car I ever got, residual was ridiculously high (68%) and I got supplier pricing through one of the internet forums (about $4k off sticker). Of course with the current financial markets those residuals will never happen again. Depending on the car and deal sometimes I prefer leasing, sometimes buying. I liek the idea that the leasing caps my downside (ie if I want to get rid of the car, I know whats its going to cost), if I get hit I'm not locked into selling a hit vehicle etc. However, from what I have seen I think a challenger may make more sense to purchase, especially as without Chrysler leases there will be no supported residuals or MFs.

thanks