Dodge Charger EV leases are cheaper than older V8 Challengers

If you’re interested in an electrified 2024 Charger Daytona but are put off by the sky-high cost of battery-powered performance cars, Dodge is offering some financial help. trans CarsDirecthe new R/T from Dodge (which replaces both its eponymous predecessor and the Challenger two-door) is coming off the proverbial hood. Those looking to lease will receive a cash incentive of $7,500 in addition to the $7,500 federal EV credit. Combined with a higher residual value and a lower cash ratio than the R/T, the Scat Pack can be a better deal than its nominally cheaper sibling—and cheaper on a 24-month lease than the gasoline-powered 2023 Dodge Challenger.

The Daytona R/T Charger starts at $549 per month with $4,999 at signing under the National Dealer Incentive Bulletin. That’s effectively $688 per month before taxes and fees. I won’t pretend it’s objectively cheap –we’ve seen performance on electric car leases far lower than this— but it is certainly competitive in its context. For example, a Challenger R/T with a 5.7-liter Hemi V8 is $713 a month, down $4,323. Dodge hasn’t said what a 24-month Daytona Scat Pack lease option might look like, but again, given the model’s projected residual value and cash-to-money ratio, you could get the 670-hp version. less than the old Challenger.

Stellantis incentives are nothing new, but his 2024 sales initiatives to remind us of the approach that kept some automakers’ sales up even before the pandemic. And now, with sales of top-grossing models plummeting and the first product exodus in a decade leaving some model lines virtually devoid of cars, it’s no surprise that Chrysler/Dodge/Jeep/Ram dealers (let’s not even get into Italian brands) are demanding OEM assistance in moving metal.

That’s right; Dodge is not the only brand in the Stellantis portfolio that is driving sales. There were cases equally unstable on the Jeepso it should come as no surprise that there will be an electric Wagoneer S will also benefit from a small cash injection. And remember, SUVs have a lot more wiggle room than sedans and coupes when it comes to claiming federal EV tax credits, so the Wagoneer will be able to double as easily as the Charger Daytona Scat Pack.

Of course, all of this pricing will be subject to the usual caveats, and since both the Wagoneer and Charger Daytona are new for 2025, we wouldn’t be surprised if a few dealers (especially Dodge) try to squeeze in sweet markups. But with so much cash on hand, it’s a buyer’s market. Be patient and shop around; there’s a good chance you’ll be able to pick up a new electrified Dodge Charger for significantly less than the sticker price by the time it’s released in 2025.

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