Interested in Leasing a Dodge Challenger? Here’s What To Know
Source: Pixabay
The Dodge Challenger is a popular muscle car known for its unique body frame, famous engine, and exciting driving experience. One of Dodge’s signature vehicles today, the Challenger is one of the top sports and muscle cars on the market. Interested in leasing a Dodge Challenger? Here’s what to know.
The 2022 Dodge Challenger comes in ranked as the number 4 sport/muscle car and is rated for its performance, safety, and interior features. The Dodge Challenger currently has an 8.4 out of 10 total score, which is based on the analysis of 73 pieces of research and data components gathered from multiple sources, according to U.S. news and world report. While recent years have remained mostly the same, the infotainment system has received improved critical and customer reviews for its improvement.
Dodge Challenger Ratings
- Critics’ Review: 8.9⁄10
- Performance Review: 8.0/10
- Interior Review: 8.3⁄10
- Quality & Reliability: 88⁄100
The Big Question: Why Should You Lease a Car?
Leasing a vehicle is a good option for many drivers since it generally provides lower monthly payments than financing a car over a few extra years. Your payments will be cheaper since you are borrowing less money. Leases also typically need less money up front, such as a down payment, than financing over the years. With a lease, you often only need to come up with one or two thousand dollars at signing, but this will depend on the dealer you go to.
Since leases are just two or three years long, you’ll be able to upgrade every few years, which means you will have the greatest and most up-to-date technology and safety features in your vehicle. This is especially true if you want to learn about alternative engine technologies. Along with the driving capabilities, these are some of the big reasons you are probably interested in leasing a Dodge Challenger.
GET THE SAME INSIDER INFO THAT DEALERSHIPS USE
The CoPilot app is the smartest way to buy a car. Built using the same technology that dealerships use, we’ll show you everything you want to know about each listing - like how long it’s been on the lot, or if there are similar vehicles at a better price nearby.
Making a Down Payment
While vehicle leasing down payments are often smaller than car purchase down payments, some down payment is normally necessary to complete a lease transaction. The down payment on most leases runs from $0 to $3,000 and is a good thing to discuss with the dealership upfront. The down payment may be more flexible if you’re not taking advantage of a leasing offer, but the more money you put down, the cheaper your monthly payments will be.
Term of Lease
The lease term refers to how long the lease will be in effect. The most common lease lengths are 24 to 36 months, but in some cases, longer and shorter leases are possible. The lease term is the final component in determining your monthly payments. Divide the entire funded amount of the lease (and include the depreciation, plus taxes, interest, and fees) by the number of months to get your monthly payments.
You’ll obtain your monthly lease payment after entering the car price, down payment, residual value, anticipated sales tax, money factor, and lease length into the lease payment calculator. This is the monthly payment for the duration of the lease. While there’s a common phrase that everything is negotiable when it comes to buying a car, most leases are pre-determined ahead of time-based on qualification and have little room to negotiate.
THE BEST SEDANS WITH HIGH GROUND CLEARANCE
There are plenty of vehicles on the market that let you tower over obstacles without losing the convenience of a compact car. Therefore, we’ve put together a list of our favorite new sedans with high ground clearance.
What About the Competitors?
Chevrolet Camaro vs. Dodge Challenger
The Chevrolet Camaro offers the closest similarities to the Challenger in terms of handling and pricing. The Chevy is a bit more nimble than the Challenger with a more narrow frame, and it costs a few thousand dollars less. Both of these muscle vehicles offer powerful acceleration and overall speed thanks to their engines and share comparable features. The Challenger has a slightly larger interior and trunk, making it a bit more family-friendly and practical for running errands.
Ford Mustang vs. Dodge Challenger
The Ford Mustang is a top-ranked sports car in part because of its elegant interior and top-of-class handling, two areas where it can outperform the Challenger. Both have considerable engine power, but the Challenger has greater second-row room and a larger trunk, so if those are important to you, the Challenger is the better option. Though the Mustang is difficult to top for an all-rounded muscle vehicle, the Challenger gives it a good challenge.
WHAT TO DO IF A DEALER REFUSES TO CANCEL EXTENDED WARRANTY
Car buying can occasionally be frustrating, especially if you’re purchasing your vehicle through a dealership. We’re here to tell you how to navigate a situation in which a dealer refuses to cancel your extended warranty.
Engine Options for the Challenger:
The Challenger comes with a standard 3.6-liter V6 engine with 303 horsepower but has fewer options to fit what you’re looking for. If you’re interested in leasing a Dodge Challenger, speak with the dealership on the available engine options.
- 375 horsepower 5.7-liter Hemi V8
- 485 horsepower 6.4-liter Hemi V8
- 717 horsepower 6.2-liter supercharged Hemi V8
- 797 horsepower 6.2-liter high-output supercharged Hemi V8
- 807 horsepower 6.2-liter high-output supercharged Hemi V8
Dodge Challenger Mileage
The 2022 Challenger gets about 19 miles per gallon in the city and 30 miles per gallon on the highway with its standard V6 engine and rear-wheel drive. In the sports car class, this is a fairly typical amount for V6-powered competitors. Fuel efficiency can drop to 18 MPG in the city and 27 MPG highway when paired with all-wheel drive.
The 5.7-liter Challenger R/T can achieve 16 MPG city and 25 MPG highway, while the 6.4-liter R/T Scat Pack gets 15 and 24. The supercharged SRT version comes in last for fuel efficiency in the Challenger lineup, with just 13 MPG for the city and 21 MPG on the highway
What is the Challenger’s Speed?
While not necessarily something to try, the SRT Super Stock is the fastest Dodge Challenger, going from zero to 60 miles per hour in a little over 3.25 seconds and reaching a quarter-mile in 10.5 seconds. The Challenger SRT Super Stock’s is 168 mph, and the Hellcat Redeye accelerates from zero to 60 MPH in 3.4 seconds and reaches a peak speed of 203 MPG, compared to 199 MPG for the regular Hellcat.
It ultimately depends on what type of vehicle you’re looking for, but if you’re interested in leasing a Dodge Challenger there’s a good chance you’ll end up with a model considered near the top of the muscle and sports class. It’s powerful, fast, and a more affordable option than buying most similar models.
Get a Curated List of the Best Used Cars Near You
The CoPilot car shopping app is the easiest way to buy a car. Tell us what you’re looking for and we’ll search the inventories of every dealership in your area to make you a personalized list of the best car listings in your area.
Only looking for newer models? CoPilot Compare is the search engine for nearly-new cars. Only see cars five years or newer with low mileage — CoPilot Compare is the best way to find off-lease, early trade-in, and CPO cars.
The best part? CoPilot is built using the same technology that dealerships use to buy and sell their inventories, so we have more info on each vehicle than competitors. CoPilot doesn’t work with dealerships, so there are no sponsored posts or other shady practices — just the most info on the best cars. Check out our About Us page to see how CoPilot works.
