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Dodge Ram Pickup Lease Questions

71 messages,  Last post on May 27, 2008 at 8:31 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#50 of 71
07 Ram 2500 Lease by hofhenke
Mar 07, 2007 (2:48 am)
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Car Man,
 
    What could I expect to pay on leasing an '07 Ram 2500 SLT 4x4 SB for a 36 months? I would like to put as litte down as possible. I was reading some earlier posts and some people were talking about a college grad promo? Well I recently graduated and have great credit!
 
   Or are there any better times to lease a truck other than right now or should I wait until a big sale? I live near Sacramento, CA!
 
Thanks!!
#51 of 71
Re: 07 Ram 2500 Lease [hofhenke] by Car_man HOST
Jun 07, 2007 (3:25 am)
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Replying to: hofhenke (Mar 07, 2007 2:48 am)

Hi hofhenke. This truck's lease payment will depend upon what its MSRP and selling price. Let me know what these numbers are and I would be happy to use Chrysler Financial's current lease program to estimate what your monthly payment should be.
 
Car_man
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#52 of 71
Lease 2007 Dodge RAM 2500 SLT? by cdanger
Jul 26, 2007 (11:14 pm)
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Hi-
 
I'm looking at potentially leasing a 2007 Dodge Ram 2500 SLT (6.7L Cummins), and a few other options. I have about $18,000 available for a downpayment. I don't know what the current factor or residual would be on this truck (I would like to know). If the selling price was around $41K (before any incentives), what would the lease terms look like at 24, 30 or 36 months if I put all $18K down.
 
As far as downpayments go, would it be stupid to put that much money down? If I financed, I would still have a pretty hefty monthly payment, even with such a large downpayment and I refuse to go longer than 3 or maybe 4 years on a regular finance deal.
 
I've never leased before, if you can't tell...
#53 of 71
Re: Dodge Ram Pickup: Lease Questions [Car_man] by hemi_ky
Aug 09, 2007 (11:54 am)
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Replying to: Car_man (Aug 31, 2005 3:53 am)

Hi Car_Man,
I have a 2005 Dodge Ram 1500 quad-cab 4x4 HEMI Sport SLT Big Horn Edition. It has 20-inch wheels with 305/55/r20 Nitto Terra Grapplers, Line-X, window tint, Infinity stereo, it's a nice truck. Everything I'd want, except it's not a diesel. This truck is paid for.
 
I've been debating on trading it in for a 2007 Ram 2500 with the 6.7 Cummins. I've been working with a dealer and I can trade my truck, use the money I get from it, and do a 2 year lease with a one time payment. So, I still wouldn't have a payment for 2 years. What would you do?
 
My concern is that once the 2009 1500's are out with with a diesel engine as an option, my gas truck isn't going to be forth as much as it would normally be. When a new body style comes out, the value of the older body style usually drops, but I'll have a new body style and a diesel engine option working against me.
 
Thanks!!!!!
#54 of 71
Looking for good deal by shrewd2
Aug 23, 2007 (5:31 pm)
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What is the best deal with an employee discount that is available on a 2007 dodge ram 1500 for a 12000 or 15000 mile lease.Is it better to purchase right now or lease with the discount or buy. The best I found is 276 a month. Also will the deals get better. should i wait.
#55 of 71
Re: Lease 2007 Dodge RAM 2500 SLT? [cdanger] by Car_man HOST
Aug 28, 2007 (3:30 am)
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Replying to: cdanger (Jul 26, 2007 11:14 pm)

Hi cdanger. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
I see that you are are considering making a $18,000 down payment on your lease. I always advise consumers against making large down payments when leasing. Consumers who make them risk losing part or all of them if their vehicle is in an accident or stolen and never recovered. You would be better off keeping that money in the bank and going with a zero down lease.
 
I would be happy to give you an idea of what this truck's lease program is currently like. Chrysler Financial's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Dodge Ram Pickup Quad Cab 2500 SLT 4WD with 15,000 miles per year are .00324 and 53%, respectively. The numbers for an otherwise identical 36 month lease are .00349 and 47%. As you can see, this lease program is not very attractive. If I was personally in the market for this truck, I personally would finance it through Chrysler Financial at 0% for 4 years or through an independent bank and take advantage of the $3,500 customer cash.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#56 of 71
Re: Dodge Ram Pickup: Lease Questions [hemi_ky] by Car_man HOST
Aug 28, 2007 (3:33 am)
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Replying to: hemi_ky (Aug 09, 2007 11:54 am)

Hi hemi_ky. I personally would rather keep my old truck than trade it in on a two year, pre-paid lease of a new Ram Pickup. As is usually the case, Chrysler Financial's current lease program for the Ram Pickup is not very attractive.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#57 of 71
Re: Looking for good deal [shrewd2] by Car_man HOST
Aug 28, 2007 (3:36 am)
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Replying to: shrewd2 (Aug 23, 2007 5:31 pm)

Hi shrewd2. Chrysler's lease program for the Dodge Ram Pickup is not very attractive. If I was in the market for an '07 Ram Pickup 1500 right now, I personally would rather finance it through Chrysler Financial at 0% for 5 years or through an independent bank and take advantage of the $6,000 in cash incentives that is currently available on it and finance it through an independent bank.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#58 of 71
Thanks for the advise by shrewd2
Aug 30, 2007 (7:10 pm)
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Thanks for the helpful tips. This does seem like a wise choice.
#59 of 71
need help loosing faith in dodge products. by dpollock
Nov 15, 2007 (5:20 pm)
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have a 2005 dodge ram diesel 4x4,had 60,00 miles on it when I bought it from a dealer,dealer maintained. works great,In past 3600 miles has used 4 quarts of oil,none leaking on floor.still works great,anyone know why this would happen. thanks . dpollock.

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