Dodge Charger Lease
From signing an agreement to choosing options at your lease-end, this is your full guide to leasing a Dodge Charger.
Written by Maxine Boyko
Reviewed by Jessica Barrett
Depending on several factors including trim level, down payment, credit score, and negotiated costs, a Dodge Charger lease costs between $358 and $1,212 a month.
As America’s only four-door muscle car currently in production, the Dodge Charger is equally as equipped for daily driving as it is for performance and power. If you want to drive one at the height of its prime without worrying about the up-front expenses of a traditional car loan, then leasing could be an ideal scenario.
Unfortunately, leasing can come with its own set of complications. You may end up paying more for your lease in the long run than you would if you owned a car outright.
Not quite sure if a Dodge Charger lease is right for you? The
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Dodge Charger insurance costs
, so let's go!How to lease a Dodge Charger
Leasing a Dodge Charger is a pretty straightforward process. That being said, you’ll have the best chance at finding a solid deal by following this checklist:
- Check your credit score. Generally, the minimum credit score to qualify for a lease agreement falls around 630. A good credit score of 680 and above is considered ideal for leasing.
- Establish your leasing budget. Your monthly payment shouldn’t be more than 15% of your monthly income. If you make $4,500 a month, you should spend a maximum of $675 per month. If you can spend closer to only $450 (10%), that’s even better.
- Determine what you can pay upfront. You can lower your monthly costs by making a capitalized cost reduction payment—more commonly known as a down payment.
- Calculate your annual mileage. You can lease a Dodge Charger with an annual mileage limit of 10,000 to 15,000 miles. If you commute long distances or plan to take your Charger on a road trip, look into a mileage limit to accommodate that.
Assessing your budget ahead of time will not only allow you to estimate the Charger you can afford, but it will also give you extra negotiation leeway when you sign. It will also help ward off the temptation to throw in add-on features that exceed your spending limits.
The final step: shop for insurance
Don’t forget to get car insurance for your Charger! Once you find your perfect vehicle,
Jerry
can help you find a policy to match. All you need to do is download the app and answer a few easy questions. From there, Jerry will return quotes from over 50 top insurance companies. Using the app is free and it only takes 45 seconds to sign up!
MORE: How does leasing a car work?
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How much does a Dodge Charger lease cost?
The precise cost to lease a Dodge Charger will vary based on several factors, including:
- The trim level (and other accessories)
- Your credit score and finances
- Your lease term
- Your down payment
- Your demographics
- The time of year
One significant factor in your Charger’s final leasing cost is the trim level. If you’re happy with the rear-wheel-drive SXT base trim, the average lease cost is around $455 per month. If you go up a couple of trim levels to the SRT Hellcat Widebody, your monthly payment jumps to $684.
Let’s take a quick look at the average monthly payment across the 2022 Charger’s eight trim levels. Assuming you have a decent credit score (680+) and can afford a 20% down payment on a 36-month lease with a 10,000 annual mileage, this is what your payments could look like:
Trim level | Monthly payment |
|---|---|
SXT | $358 |
GT | $395 |
Scat Pack | $471 |
Scat Pack Widebody | $630 |
SRT Hellcat Widebody | $717 |
SRT Hellcat Redeye Widebody | $1,198 |
SRT Jailbreak | $1,212 |
While it may seem like your only up-front costs for an SXT are $358 under these circumstances, there are other expenses to be mindful of. Taxes, titling, licensing, and security deposit costs will add to the ticket price. Here’s what will be due at signing under the same assumptions:
- First monthly payment: $358
- 20% down payment: $6,700
- Destination charges: $1,595
While you can expect to pay at least $8,653 at signing you’ll likely qualify for discounts through Dodge’s Military Incentive Program if you’re actively serving or a military veteran. Dodge also offers a $500 cash discount to first responders.
Services included in a Dodge Charger lease
All Dodge vehicles come with a basic limited warranty. This will cover three years or up to 36,000 miles—whichever comes first. As its name suggests, this warranty will only cover the basics, such as manufacturer defects in workmanship, materials, or factory preparation.
If your leased vehicle needs additional maintenance, you should consider one of the vehicle protection packages offered through Mopar. While they come at an extra cost, you can rest assured that your vehicle looks and drives its best throughout your lease.
The packages generally include excessive wear and tear on the interior and exterior components and some (or all) of the following coverages:
- Paint damage, dents, glass chips, and windshield cracks
- Seats, carpeting, and floor mat damage
- Tire and rim care
- Audio equipment repair
Dodge may require routine maintenance depending on your lease term, including tire rotations, oil changes, fluid checks, air filter replacements, and inspections. You can check
Mopar’s website
for your vehicle’s complete inspection recommendations, keeping in mind that Dodge vehicles should receive maintenance every 20,000 miles. MORE: How to regularly conduct car maintenance
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What to do when your Dodge Charger lease is up
Once your lease is up, you have a few different options:
- Turn in your vehicle and lease or purchase a new Dodge
- Purchase the vehicle you’re driving
How to return a leased Dodge Charger
Whether you’ve decided to drive a new Dodge or you no longer need a vehicle, be sure to return the following to the dealership:
- A copy of your lease agreement
- All keys, fobs, and any other accessories included with your leased vehicle
- Vehicle documents including the maintenance and owner’s manuals.
You will also need to examine your Charger for wear and tear and should ideally begin the inspection process 60 days before returning your vehicle. You may either perform a self-inspection, or you can schedule a prereturn inspection with one of Dodge’s certified vendors.
If you are self-inspecting, you can use Dodge’s
mileage and wear page
as a guide to what’s considered normal or excess wear. If your vehicle needs any repairs, it’s important to make them before the turn-in date to avoid additional charges. You may, however, have damage coverage under insurance or warranty. Once you return your leased vehicle, Dodge will send you a return invoice 21 to 30 days later. Prepare to pay up to a $495 disposition fee and other possible charges such as excess wear, mileage, and taxes.
How to purchase a leased Dodge Charger
If you’ve grown attached to your Dodge Charger, you can work with your dealer directly or call the Chrysler Capital Allegiance Team at (855) 383-0558 to buy it. You may be eligible for financing through the dealership, or you can go to your bank or a credit union for a loan.
How to find the best car insurance for a Dodge Charger lease
Leasing a Dodge Charger is pretty simple—and so is finding an ideal car insurance policy with the
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