Patrick Rall's picture

Dodge Announces Unique 1-Year Lease Plan for 2014 Challenger and Charger

The Chrysler Group has announced a new lease plan for the 2014 and 2015 Dodge Charger and Dodge Challenger that should help spur sales to both Dodge muscle cars for the current model year and the next – including a 1-year lease deal that is unlike anything in the American auto industry today.
Advertisement


The Chrysler Group has announced their new Double Up lease program which technically includes the 2014 Dodge Charger and Challenger along with the new 2015 Dodge Charger and Challenger. Under this new plan, those folks who are interested in the 2014 Dodge Charger or 2014 Dodge Challenger can get into one as part of a unique 1 year lease program. 1 year leases are relatively unheard of, but the program gets even spicier.

"If you have your eye on a new Challenger or Charger, there's no need to wait for the new models to arrive," said Tim Kuniskis, Dodge Brand President and CEO, Chrysler Group LLC. "The Dodge Double-Up program lets you drive today's Charger or Challenger and trade to the 2015 with no increase in payment. This is our way of thanking our loyal Charger and Challenger customers, and extending this offer to any new customers longing to get into one of these iconic muscle cars."

Those folks who buy into this new 1 year lease on the 2014 Dodge Charger or Challenger will, in effect, agree to trade in their 2014 lease vehicle for a 2015 Dodge Charger or Dodge Challenger with a three year lease. Best of all, the trade up to the 2015 model year Challenger or Charger doesn’t come with any additional fees – no down payment, no trade-in fee and no increase in their monthly payment. In other words, if you get into a 2014 Dodge Charger or 2014 Dodge Challenger between April 17th and the end of August under the Double up lease program, after one year you will be able to trade it in for a 2015 Charger or Challenger without any change in your monthly payment so on your end, nothing changes…shy of the fact that you will be driving another brand new Dodge muscle car after one year without any other charges.

Unfortunately, the Chrysler Double Up leasing program does not apply to the SRT versions of the Dodge Charger or Dodge Challenger or the base model Charger SE, but those folks who are after the SXT or RT versions of these two sporty Dodge brawlers can hook themselves up with two new cars over the course of the next year for one low monthly rate. That’s an awesome deal. Also, anyone who gets into the Double Up lease program with a 2014 model year Charger or Challenger, can switch to the other vehicle for the 2015 model year so if you start with a Challenger in 2014 and your wife has twins in 10 months, you can swap to the Charger for 2015. If you are an older buyer who gets into a Charger R/T in 2014 and your son goes away to college next fall, you can opt for the 2015 Challenger R/T. Finally, anyone who decides to purchase the 2015 Charger or Challenger after the three year lease is up will get a discount of $1,000 off of the normal buyout price.

The one key stipulation is that you are required to lease through Chrysler Capital for financing while getting both cars (2014 and 2015) from the same dealership.

Again, this program begins on April 17th – the day that the new 2015 Dodge Charger and Dodge Challenger are introduced at the New York International Auto Show. Beginning on Friday, those folks interested in leasing a 2014 Charger or Challenger for a year and then a 2015 model for three years can visit their local Dodge dealership for more information. This program will run through the end of August 2014 so if you are going to get in on this program, you have about 4 and a half months.


Sign-up to our email newsletter for daily perspectives on car design, trends, events and news, not found elsewhere.