Had I leased this two years ago, I’d be looking for a replacement car now

"Nothing" (nothingatalluseful) 04/15/2020 at 14:10 • Filed to: None

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In April 2018, I test drove a couple of Scat Pack Challengers...a Go Mango manual transmission, and this Octane are automatic. As much as I wanted to prefer the manual, in this car, I really preferred the automatic.

After the test drive, I left the dealer with a handshake lease deal. Terms were impressive, through a third party lease (I believe it was GE capital), $3 k down, $188/mo for 24 months, 12k annual mileage and a residual value of $28k. Sticker on the car was just a shade north of $41k. The residual is what stuck out to me. At the time, l looked at 2015/16 Scat Pack Challengers, and they were still going for mid $30k prices. I figured two years would be a good amount of time with the car, and if I still liked it, it was a good purchase price, and if not, I could make a little money by selling it instead of turning it in. Win/win for me.

My wife balked at the thought of a lease. In fact, she was downright mad, she didn’t like the car, didn’t like leasing, etc, etc. Of course, at this time, I also had the Cougar, and to her, the combination of Cougar and Challenger didn’t make any sense. I decided the home hassle wasn’t worth it, and passed on the lease deal.

Here I am, two years after that day, and some 15 months after buying the 4Runner, and the unnecessary car shopping activity has increased. I’m not going to buy anything new, I like the 4Runner, even if it is redundant for our day to day activities (two blue 4 door SUVs of roughly the same size). I just know that my garage is missing “something” of the four wheeled variety, I just can’t figure out what it is (that’s in my budget).

HondoyotaE38: A Japanese and German Collab...wait a minute > Nothing 04/15/2020 at 14:11

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$3000k down? Holy shit dude

themanwithsauce - has as many vehicles as job titles > HondoyotaE38: A Japanese and German Collab...wait a minute 04/15/2020 at 14:16

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broken down over 24 months, that’s only 125$/mo for a little over 300$/mo for a payment. If you financed 30k, you’re looking at around 500/mo for 6 years (obviously you’d pay more if the plan was shorter, just trying to get the monthly down) so actually.....not the worst lease in the world, IMO.

Nothing > HondoyotaE38: A Japanese and German Collab...wait a minute 04/15/2020 at 14:16

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Hehe. I guess it’s one or the other, not BOTH.

HondoyotaE38: A Japanese and German Collab...wait a minute > themanwithsauce - has as many vehicles as job titles 04/15/2020 at 14:17

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Wat

Nothing > themanwithsauce - has as many vehicles as job titles 04/15/2020 at 14:18

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I guess $3000k comes out to what, $3,000,000. That would’ve been a lot down.

themanwithsauce - has as many vehicles as job titles > HondoyotaE38: A Japanese and German Collab...wait a minute 04/15/2020 at 14:25

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aaaaaand the 3000k part went over my head and now kinja won’t let me edit.

themanwithsauce - has as many vehicles as job titles > Nothing 04/15/2020 at 14:26

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FCA still would ask him to get an 84 month loan for the remaining 28k

(didn’t see the K and now I look silly and kinja is being butts )

412GTI > Nothing 04/15/2020 at 14:30

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Oh man I remember those times, we leased a decent amount back then. Basically $300/mo for a Scat Pack with nothing down was pretty awesome.

My good friend who works at the dealer with me took advantage of the deal. He ended up not liking the Challenger and traded it on a JL s ixspeed. Seemed like such opposites at the time. 

Rusty Vandura - www.tinyurl.com/keepoppo > Nothing 04/15/2020 at 14:38

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You don’t own, or lease, a car like that. A car like that owns you . And the insurance... Maybe rent one on Turo for a weekend?

Nothing > Rusty Vandura - www.tinyurl.com/keepoppo 04/15/2020 at 15:00

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I would’ve kept it for two years. I even remember when I drove it, thinking that it definitely wasn’t a forever type car. Granted, I basically only keep any of my vehicles for about two years.

Nothing > 412GTI 04/15/2020 at 15:02

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Having driven both as well, I’d probably actually enjoy the JL more as well. I still think about Jeeps fairly often, although my preference is a two door. I have to imagine that I’d nearly never remove the top on a 4 door.

Manwich - now Keto-Friendly > Nothing 04/15/2020 at 15:38

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I know the exact car you need to fill that missing something in your garage... a 1990 Geo Storm!!!

Nothing > Manwich - now Keto-Friendly 04/15/2020 at 15:45

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Either that, or a Hyundai Scoupe .

Manwich - now Keto-Friendly > Nothing 04/15/2020 at 15:49

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The Sporty Surprise from Hyundai!!!