@Doddger2424
What is your residual on that lease? I am getting ready to lease a 2019 challenger HC. Only options i want are laguna leather and AutoTrans. that makes the sticker around $69500. I am being told $760/mo (that includes tax) after putting $3k down. this is the 39month/10Kmiles per year. they told me the residual on the 2019 challenger HCs is 55% of MSRP. At the end of my lease term, I can purchase the car for just under
$39K. I only drive about 3-4K miles per year. the lease became attractive to me when i started initially looking at 2-3 year old challenger HCs were upper $40Ks or even low $50Ks with anywhere from 10K to 20K miles.
I initially found a 2016 challenger HC, 15K miles. In service date was March of 2016, so the 3/36K warranty is up in 3months (March of 2019). I know the finance manager at a large Dodge dealership and he said he can give the same deal that he gets, which is $500 above what they have into it. They gave the previous owner $48500, so I could have it for $49K. Buying a car like a HC used with no warranty just doesn;t seem smart, so when I started pricing warranties from mopar, the costs just kept adding up...so started looking into lease.
I have seen these guys on forums/youtube talking about getting into a new HC for $5xx/month. Using a lease calculator, the only way the math works is if you put down $8K or more...not sure how that's possible...unless the residual gets bumped really high, but that defeats my purpose of purchasing when the lease ends. Here is a lease calculator you can use to play with the numbers:
Auto Lease Calculator. Have you actually sat down with the dealer offering the $499/mo deal? A few weeks ago, I found a dealer with a new 2018 challenger HC with just options I wanted. Over the phone, they told $0 down, $750/mo (39 months / 10K miles per year). It was $0 down, but then they had $8K in BS fees they neglected to tell me about initially....be weary....