Has anyone leased a 300C?

[JJS]

Just curious about residual values they quote, etc.

[marx]

I was said 54% on 36 mo. lease. I am still driving 300M. Interest rates are too high yet.
I am waiting... :lol:

[DMAG]

54%? Eeessshhh. :(

[Glazeworld]

54%? Eeessshhh. :(

I've never leased before. Can you tell us what a good residual would be?

[DMAG]

Well, my fiance just turned in her '01 Accord. She bought it for $22K and the residual was $15K. That is 68% residual.

In retrospect, 54% isn't that bad. I just think of it like this:

If the car stickers at $35,000. In three years the car is only worth $17.5K. Not horrid. BUT, your lease payment is based on the on the residual value. Which means over 36 months you are paying the difference between the purchase price and the residual price.

The higher the residual, the lower your payment. (of course this all depends on the price of the car as well).

[Hersbird]

But is the residual based on MSRP or actual purchase price? If you bought the 300C near invoice and got the $1000 loyality then it would look much better then 54%. Actuall if it was 54% based on $35,000 msrp then the residual would be almost 19,000. But if you only really paid $32,000 then it would be more like 59% residual which look better when compared to the Honda example. Personally I think this is great news on the low residual. I'll just wait 3 years and get a lease return for under $20,000 with 1/2 the warranty still good! By then there will be lots of proven mods, and the Magnum RT's will be even less, probably an AWD for that price. If I can finish construction on the additon by then the wife will have no problem with it! The biggest problem will be the fact there will be stuff like the 6.1 Charger out or the SRT versions, then the plain 5.7 Hemi might seem like a the "little brother", LOL!

[DMAG]

I believe they forumulate the residual by the MSRP.

Not sure I want to buy a leased RT or C. I know of many people who lease who don't take care of their cars....and if its a hi-po car, they treat it even worse!

[Capitalcity R/T]

I treated my 2k1 RT really well and it was leased. Whoever bought mine FROM the dealer got a really nice car. Don't forget, the car has to have normal wear and tear and if they find something wrong, it comes out of your wallet when it is turned in.

[DMAG]

I treated my 2k1 RT really well and it was leased. Whoever bought mine FROM the dealer got a really nice car. Don't forget, the car has to have normal wear and tear and if they find something wrong, it comes out of your wallet when it is turned in.

I was referring to oil changes / maintenance and treatment of the powerplant. Dumping it INTO drive at every stoplight, etc.

A car that "looks" perfect is not neccessarily a perfect car. Problems that result FROM poor maintenance might not SHOW up for a period of time after it has been resold.

[Hersbird]

Lots of regular owners aren't going to take the best care of their cars either. Also the leased cars usually seem to have less miles on them, people are afraid of the fees if they go over. Personally I don't put many miles on my cars, so I would never lease. I've had my Ram for 1 year and 3 months and I just went over 5000 miles! I would like to think I take good care of it but I've only changed the oil once! I don't care what they say about 3 months, I'm not changing the oil unless it has at least 3000 miles on it! 3 years down the road when I want to trade it in on a LX maybe nobody will want it because I abused it so much! I bet it still has under 25,000 miles on it at that point! At least it will still have 3 years and 45,000 miles lft on the powertrain warranty!