2021 Dodge Challenger Prices and Deals

Model year transition:

The carryover 2021 continues flowing into dealers nationwide. When you get to the dealer, expect to find a healthy selection of V6-powered Challenger SXT models on hand and enough V8 R/T and T/A models to go around. Factory cash offers are already robust.

The high-performance SRT models are produced in far fewer numbers. The SRTs were previously excluded from factory offers, but now carry some of the highest rebates we've ever seen on the Challenger.

The 2020 Challenger remains on sale in decent numbers. We expect current stock to hold out at least until the end of the month.

Current factory offers will remain in effect through March 1, 2021. Lease promotions listed below are available on a national basis. Rebates and APR offers can vary by region. Figures shown here are for California. Any enhancements for President's Day are already available and factored into these numbers.

Lease: From $321 for 36 months

The 2020 Challenger SXT now starts at $321 for 36 months (10,000 miles a year) with $4,249 due at signing. The effective monthly cost works out to $439, which is rather expensive in our analysis.

The current offer on the 2021 Challenger SXT is $349 for 36 months (12,000 miles a year) with $4,249 due at signing. The effective monthly cost comes out to $467, which is even worse in terms of value. Better deals will surely come along as the model year progresses.

Rebates: Up to $8,070 off 2020s; $6,000 of 2021s

The 2020 Challenger SXT and GT now come with a $7,550 rebate for all buyers. The R/T gets $4,750 — or $4,850 with the available Scat Pack.

At the top of the lineup, the 2020 SRT Hellcat carries a $7,170 rebate, and SRT Hellcat Redeye comes with a $7,970 rebate. The SRT Super Stock gets the most, a hefty $8,070.

As for the 2021 Challenger, the non-SRT models comes with a $3,000 rebate. All SRTs feature a $6,000 rebate.

Finance: From 0% APR for 72 months + up to $4,500 bonus

Instead of the standard rebate on a 2020 Challenger, you can get 0% financing for 72 months through the lineup. The offer comes with $4,500 bonus cash on the SXT and GT, and $1,000 on the GT.

The same rate is now available on the 2021 Challenger lineup, but without any cash.