There’s no denying that the 2018 Dodge Durango SRT is one of the most versatile vehicles you can buy, with a towing capacity of 8,700-pounds, a 0-60 time of 4.4-seconds, and all of the gizmos and gadgets you could possibly ever need while sitting in a vehicle. And with an MSRP of $64,090, you could consider it a bargain when comparing it to other new SUVs in its class.
With $3,999 due at signing (the $1,250 lease discount cannot be applied to the SRT trim level) in addition to a payment of $829 for 36 months, the true cost of leasing a 2018 Dodge Durango SRT is actually $940 a month. This means that the Durango SRT is effectively more expensive to lease than the premium Grand Cherokee SRT, despite having a lower MSRP.
As Alex Bernstein of Cars Direct points out, leasing a 2018 Dodge Durango SRT will cost $3 more than if you were to lease a Grand Cherokee SRT, even though the Cherokee costs $4,400 more. The Durango SRT is even more expensive to lease than a new Challenger Hellcat, which has a true cost of $760, meaning you’d save $180 a month if you opted for the muscular coupe instead of the spacious SUV.
We’re interested to hear what our readers think of this lease offer from Dodge – is it way off the mark, or is the price of convenience. Something to keep in mind is the cost of purchasing the vehicle with a loan; if you were to finance the car at 3.5 percent for the same 36-month period, payments a little more than $2,000 a month.