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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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#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)
#28 of 73 Re: new lease [woody18] by kfranci2 Oct 22, 2006 (2:11 pm)
Replying to: woody18 (Oct 21, 2006 7:40 pm) I'm in Minneapolis, and we have a local dealer with quadcab 1500 list at $35,850 selling at $23,475 or lease for 27 months at 199 a month. Replies to this message: woody18 (Oct 22, 2006 8:57 pm)
#29 of 73 Re: new lease [kfranci2] by woody18 Oct 22, 2006 (8:57 pm)
Replying to: kfranci2 (Oct 22, 2006 2:11 pm) Thats with no money down???
#30 of 73 Re: new lease [woody18] by Car_man HOST Nov 03, 2006 (2:27 am)
Replying to: woody18 (Oct 21, 2006 7:40 pm) Hi woody18. You never mentioned the selling price of the truck that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.   Car_man Host Prices Paid Forum
#31 of 73 Bought New 2006 Ram 1500 Night Runner by iqbaldhillon2 Nov 05, 2006 (8:51 am)
Hey this is a great truck. Yesterday I sold my Toyota Tacoma for this bad boy. I got a Dodge Ram 1500 Night Runner. It was a pretty good deal. They gave $14,900 on my Tacoma. The truck was 35,990, but thanks to my friend I got that truck for 28,990. THIS TRUCK RULES!!
#32 of 73 Here's how it looks by iqbaldhillon2 Nov 05, 2006 (10:18 am)
http://www.dodge.com/nav/compare/ram_1500_comp.jpg go to this wedsite and see the Dodge Ram 1500 Nightrunner. It's beautiful.

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