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Dodge Ram Pickup Lease Questions

96 messages,  Last post on May 22, 2013 at 5:04 PM

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

    

Messages Page 7 of 11

#55 of 96 Re: Lease 2007 Dodge RAM 2500 SLT? [cdanger] by Car_man HOST

Aug 28, 2007 (3:30 am)

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 96 Re: Dodge Ram Pickup: Lease Questions [hemi_ky] by Car_man HOST

Aug 28, 2007 (3:33 am)

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 96 Re: Looking for good deal [shrewd2] by Car_man HOST

Aug 28, 2007 (3:36 am)

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 96 Thanks for the advise by shrewd2

Aug 30, 2007 (7:10 pm)

Thanks for the helpful tips. This does seem like a wise choice.

#59 of 96 need help loosing faith in dodge products. by dpollock

Nov 15, 2007 (5:20 pm)

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.

#60 of 96 Question on current Dodge Ram Leases by cheeko965

Nov 29, 2007 (11:18 am)

Hello, new to this forum. Just wanted to know of the latest lease deals out there. I have heard, 2nd hand, of a friends and family lease deal on a Ram 4x4 Quad or Mega cab, 24 mo., 10-12k miles per year, minimal down (maybe 1-2k), in the 200-250/mo. range.
Can anyone verify this or tell me their latest, greatest deal on an '07 or '08? I'm currently trying to verify my source of data as well...
 
Thanks.

#61 of 96 Hi by nuhuskers97

Feb 09, 2008 (10:12 pm)

I have a 2005 dodge ram 1500 slt hemi 5.7 that I leased 39 month 15k a year for $330 with tax (5.5%). My lease is ending and I'm looking at another lease. Went to a dealership today and they offered me the following:
 
27 month 10,500 miles a year Ram 1500 SXT 5.7 Hemi Multi-displacement MSRP was $35,565 for $360 per month tax included. They would pay 1st months payment and this was with no money down and turning my lease in.
 
Another dealership offered me this:
 
27 month 12,000 miles a year on a Ram 1500 SXT 4.7 liter MSRP was $33910 for $360 per month tax included. They would pay 1st months payment and this was also with no money down.
 
I still have 5 payments left on my lease.
 
Are these offers reasonable? I just can't see how considering I was paying $330 for a lease with 15k miles a year that also included nerf bars and a mopar bed cover/topper. Does anyone also know with the money factor and residual would be for the 68506 (Lincoln Nebraska) area?
 
Thanks for the help. Just trying to get the best deal I can.

#62 of 96 2008 Dodge Ram 2500 SLT CTD 4x4 lease ?'s by p1dallas

Feb 18, 2008 (7:18 pm)

Carman,
 
I am currently looking at leasing a 2008 Dodge Ram 2500 SLT CTD 4x4. I am looking at 63 month lease, 12 K, payment is at $526/month.
 
 Here are the details, good deal? Should I consider purchasing instead?
 
46,510-MSRP
37,414- purchase
2468.35- added costs- WFF acq fee-$795, auto flex lease fee- $350, extra added accessory- $499, lease dealer profit- $824.35
Adjusted cap- 39,882
Residual- 15,328 , 33%
MF - .00180 / 4.32% - Wells Fargo Financial
Tax- $2369.56 / 6.25% in texas

#63 of 96 Re: 2008 Dodge Ram 2500 SLT CTD 4x4 lease ?'s [p1dallas] by p1dallas

Feb 19, 2008 (3:54 pm)

Replying to: p1dallas (Feb 18, 2008 7:18 pm)
I did not go with the above deal. I am working on a few other options. Can anyone comment on what they paid for a similiar truck? 2008 Dodge Ram 2500 SLT CTD Quad cab 4x4. I am seeing around 37,100-37,400 based on MSRP of 46-47,000. What MF, residuals are you getting for this truck?

#64 of 96 Re: Hi [nuhuskers97] by Car_man HOST

Feb 20, 2008 (4:31 am)

Replying to: nuhuskers97 (Feb 09, 2008 10:12 pm)
Greetings nuhuskers97. The best way to negotiate a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that gives it to you calculate your monthly payment using Chrysler Financial's buy rate lease money factor. You should be able to negotiate an outstanding deal on the Ram Pickup that you are interested in. The light vehicle market in the U.S. is very slow right now in general and there is intense competition within the full-size pickup segment from General Motors' and Toyota's newer models, not to mention the segment's traditional volume leader the Ford F-Series. If I was in the market for a Ram right now, I personally would shoot for a selling price of right around dealer invoice or even below (there is some dealer cash out there) minus the $500 bonus cash that is available on Regular Cab or $1,000 on Mega / Quad Cab models, minus the $5,000 lease cash that is available on it.
 
As far as this truck's lease program goes, Chrysler Financial's money factors and residual values for the Ram Pickup vary by cab type. Are you interested in a Regular Cab, Quad Cab, or Mega Cab?
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 7 of 11

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