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Dodge Ram Pickup Lease Questions

73 messages,  Last post on Jan 30, 2009 at 3:46 AM

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What is this discussion about? Dodge Ram Pickup 1500, Dodge Ram Pickup 2500, Dodge Ram Pickup 3500, Car Leasing, Truck

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#18 of 73 Re: Lease Deal [qpmicro] by Car_man HOST Apr 23, 2006 (6:09 am)
Replying to: qpmicro (Apr 21, 2006 2:48 pm) Hello qpmicro. The selling price that you were quoted for this truck looks good to me. However, as you suspected the money factor that you were quoted is way too high. DaimlerChrysler Financial's current buy rate lease money factor for a 36 month lease of this truck is currently only .00209. Its 39 month money factor is much worse than this though. This might be why the number that you were quoted is so much higher. Go with a 36 month lease and insist that the .00209 factor is used to calculate your truck's lease payment. Using the numbers that you mentioned in your post, an MSRP of $38,250 and a capitalized cost of $31,609 ($34,509 selling price - $5,000 in incentives + $2,100 in negative equity), I estimate that this truck's 36 month, 12,000 mile, zero down, pre-tax monthly payment should be around $502.   Car_man Host Smart Shopper / Prices Paid Forums
#19 of 73 Good deal by iqbaldhillon2 Jun 25, 2006 (9:10 pm)
I have a friend who has gave me a great deal on a brand new 2006 Dodge Ram 1500 Quad Cab. I'm not sure weather to buy it or not. My friend has an 2004 Ram 1500 he says the truck always needs repairs its not durable. I can't resist this offer. I'm waiting for the 2007 Toyota Tundra or the 2007 Chevy Silverado. Should I buy it.
#20 of 73 06 Sport Lease by whodat50 Jul 04, 2006 (12:06 pm)
trying to lease a 06 Dodge Ram Quad Cab Sport.   On a 36 month lease, we are being told the current residual is 43% (your forum indicated 53% in April), a money factor of 0.00334 making for an incredibly unattractive lease.   Can anyone tell me if these are really the current rates to lease a Dodge ram? Replies to this message: Car_man (Jul 10, 2006 4:05 am)
#21 of 73 my new lease by dmaxwellh Jul 05, 2006 (7:39 am)
'06 Laramie with all the bells and whistles MSRP 42,050 27 month lease, 27000 miles due at delivery: tax on $5500 rebate + 1st month payment = $935 26 additional payments of $485 including tax buyout is $22750 Replies to this message: Car_man (Feb 05, 2007 2:26 am)
#22 of 73 Re: 06 Sport Lease [whodat50] by Car_man HOST Jul 10, 2006 (4:05 am)
Replying to: whodat50 (Jul 04, 2006 12:06 pm) Hi whodat50. Unfortunately, the money factor that you were quoted for this truck looks about right to me. DaimlerChrysler is not providing much in the way of money factor support on the '06 Ram Pickup right now. Chrysler Financial's latest buy rate lease money factor for a 36 month lease of an '06 Dodge Ram Pickup 1500 Quad Cab is .00347. This is equivalent to an interest rate of around 5.6%. If I was in the market for this truck, I personally would not lease it but would finance it or pay cash for it instead.   Car_man Host Prices Paid Forums
#23 of 73 Need leasing advice by ddeder Jul 11, 2006 (7:44 pm)
I am looking at leasing a 2006 Dodge RAM 1500 SLT Quad Cab 4x4. The dealer has quoted a MSRP of $33,260 and an Employee price of 28,524 (which is being offered to everyone). There is an additional incentive of $3500 cash back being offered. So the sales price of this vehicle is $25,024. I have a trade-in that will take another $5000 off of this price so the final price is almost exactly $20,000.   I plan to lease for 3 years with a 12,000 mile a year allowance. I have not been given the residual value of the vehicle or the money factor but I will get these values before I close the deal.   The salesman has told me that he thinks we can make a deal around $250/month with no hidden fees or costs. Simply trade in my 1999 Dodge RAM for $5000 and walk out with a 2006 Dodge Ram for $250 a month for 3 years.   Now this figure is actually quite a bit lower than I was expecting. Am I being set up for some kind of sales gimmick/trick or does this seem to be a reasonable amount? According to my lease calculator, using $20000 as the Adjusted Cap cost and a residual value of $12,160 and a money factor of .00275, the lease payment would still be $295 a month. Now if the residual is bumped up a bit, to say $14,000, then the lease payment would be around $250 a month.   So does this sound like a good deal, too good of a deal or not a good deal at all? Replies to this message: Car_man (Jul 31, 2006 2:18 am)
#24 of 73 Re: Need leasing advice [ddeder] by Car_man HOST Jul 31, 2006 (2:18 am)
Replying to: ddeder (Jul 11, 2006 7:44 pm) Hi ddeder. If you haven't leased this truck yet you are in luck. DaimlerChrysler introduced an additional $1,000 Chrysler Financial Bonus Cash on it for the last week of July. This brings the total cash allowance on it to $4,500. As far as your trade goes, there's nothing wrong with trading in a vehicle when leasing. However, it is in your best interest to have the dealer you are working with cut you a check for your trade rather than using the proceeds from it as a down payment on your lease. I always advise community members against making large down payments on leased vehicles because if their vehicles are stolen and never recovered or totaled in an accident during their lease, their down payments essentially disappear.   According to my calculations, if you were to lease a 2006 Dodge Ram 1500 SLT Quad Cab 4WD with an MSRP of $33,260 and a capitalized cost of $24,024 (this takes the extra $1,000 incentive into account but not your trade) through Chrysler Financial right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $347.   Car_man Host Prices Paid Forum
#25 of 73 Lease Turn In by cadteach Sep 18, 2006 (6:23 am)
Car_man,   I've got a 2006 Dodge Ram that I leased for 2 years, that's ready to turn in around March. Is it too early to start looking at negotiating for purchase, and how would I go about it. The purchase price at trade in is around $19,200 and it'll have 24,000 miles +or-.   What is a reasonable value below the price to try and target. It is a Quad Cab 4x4 w/ 4.7 liter, tow option, fog lamps, It's been a nice truck, and I'd like to keep it if I could get a good deal.   Ed Replies to this message: Car_man (Sep 20, 2006 2:30 am)
#26 of 73 Re: Lease Turn In [cadteach] by Car_man HOST Sep 20, 2006 (2:30 am)
Replying to: cadteach (Sep 18, 2006 6:23 am) Hello Ed. DaimlerChrysler has an early lease termination program that will waive up to three remaining lease payments for consumers who have a year or less remaining on their leases. Given the fact that you have more payments than that remaining on your lease, you would have to pay money out of your own pocket or roll the cost of breaking your current lease early into your next loan or lease to get a new vehicle now. Neither of these options is very attractive. If I was in your situation, I personally would wait until I was closer to the scheduled end of my lease to get a new vehicle. Stop by the following discussion for feedback on how much you should pay for this truck right now: "Dodge Ram: Prices Paid & Buying Experience".   Car_man Host Prices Paid Forum
#27 of 73 new lease by woody18 Oct 21, 2006 (7:40 pm)
I'm thinking of a lease for a quadcab 1500 sport msrp 38800. 39 m for 370 27 m for 388   Does this sound good? What is better 27m or 39m. This is a 10500 miles a year with nothing down. 1st payment and 100 regs. Tax included in payment. buyout is 20900. 6500 in rebates. Replies to this message: kfranci2 (Oct 22, 2006 2:11 pm) woody18 (Oct 22, 2006 8:57 pm) Car_man (Nov 03, 2006 2:27 am)

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