Dodge Challenger Negotiation Guide

Jan 7

Video Summary Page (1/7/2024)
Disclaimer: Information is valid on day of posting and may EXPIRE shortly thereafter!

Inventory by Model & Trim

Dodge has 19,000+ Challengers that are ALL 2023s on dealership lots at the moment. It has by far the most inventory than it’s competitors do of their vehicle.The majority are SXTs, GTs, and R/Ts! To go with something right in the middle, the R/T does seem like a good value.

Estimated 3/5/7 Year Residual by Model

Residual data on the Challenger are scattered and largely unreliable. Based on the lease residuals being high, and actual used vehicle listings for 2020 vehicles being much lower than expected, I’ve estimated the 3 year residual to be about 60%.

Suggested Trim, MSRP, and Target Discount

Target Trim: Challenger R/T Scat Pack RWD

Example MSRP: $51,550

Target Discount Range: 1

Target Selling Price: $43,302

Special Offers & Lease Rates

Promotional APR/Rebate: 6.9% @ 72 months
Promotional Rebate: $2,000

Military Program ($500)

First Responder Bonus Consumer Cash ($500)

Lease Cash: $2,000
Lease Residual: 46% @ 36 Months (12k mi)
Lease Money Factor: .00531 or 4.44% APR

Finance & Lease Payment Calculation

Example MSRP: $51,550
Example Selling Price: $43,302

Finance Term: 6.9% @ 72 Months
Finance Payment: $667.66/month* (estimated)**
Total Interest (Finance): $8,799.84 (estimated)

Lease Term: 36 Months
Lease Payment: $729/month* (16% OFF)
Lease Payment: $1,002/month* (est. MSRP)
Total Interest (Lease): $13,315-$14,892

*** Payments are suggestions that DO NOT include your states sales tax and assume no down payment or dealer fees paid at signing.

Lease Payment Est. by Trim

R/T: $732/month***

SXT: $615/month***

GT: $986/month***

Scat Pack: $934/month***

Scat Pack WB: $965/month***

Hellcat WB: $1,605/month***