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Dodge Ram Pickup Lease Questions

73 messages,  Last post on Jan 30, 2009 at 3:46 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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#59 of 73
need help loosing faith in dodge products. by dpollock
Nov 15, 2007 (4:20 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.
#60 of 73
Question on current Dodge Ram Leases by cheeko965
Nov 29, 2007 (10:18 am)
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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 73
Hi by nuhuskers97
Feb 09, 2008 (9:12 pm)
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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 73
2008 Dodge Ram 2500 SLT CTD 4x4 lease ?'s by p1dallas
Feb 18, 2008 (6:18 pm)
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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 73
Re: 2008 Dodge Ram 2500 SLT CTD 4x4 lease ?'s [p1dallas] by p1dallas
Feb 19, 2008 (2:54 pm)
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Replying to: p1dallas (Feb 18, 2008 6:18 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 73
Re: Hi [nuhuskers97] by Car_man HOST
Feb 20, 2008 (3:31 am)
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Replying to: nuhuskers97 (Feb 09, 2008 9:12 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
#65 of 73
Re: Hi [Car_man] by nuhuskers97
Feb 20, 2008 (6:38 pm)
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Replying to: Car_man (Feb 20, 2008 3:31 am)

Hi. Thanks for the reply.
 
I was in the market for a quad cab. I ended up turning my lease in 7 payments early and leased into another Ram 1500 SXT Quad Cab 4x4. The dealership paid off my lease and I got a new 27 month, 12k mile, no money down, they paid my first payment and transferred my bed cover and nerf bars for $339 a month.
 
I'm hoping that was a good deal??? Other dealerships I went to had higher monthly payments with less miles. This dealership jumped at this so I'm guessing I may have been able to get it for a little less per month......
 
I got a total of $7000 off MSRP ($5000 cash, $1000 bonus and $1000 lease loyalty). I hope March doesn't have a better deal!
#66 of 73
Re: March Lease Deal by mexd781
Mar 17, 2008 (12:54 pm)
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Replying to: nuhuskers97 (Feb 20, 2008 6:38 pm)

I saw the lease special of $249 for a Ram 1500 SLT for 10,500 Miles for 27 months and contacted an internet salesman about a particular truck. He told me, for the particular truck with an MSRP of $36,500, the lease would be around $265 after taxes with $4000 due at signing. He said the residual would be $18,257.
 
I initially didn't want to lease a truck, because I wanted to mod it but this sounds like a decent deal. I planned on buying a used truck to keep my monthly at under $300. Is there something I am missing to this? I should be able to lease it for the 27 months than get a loan and buy it at $18,257 or walk away. It seems like a pretty good deal, just wanted opinions
#67 of 73
Re: March Lease Deal [mexd781] by nuhuskers97
Mar 19, 2008 (4:58 pm)
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Replying to: mexd781 (Mar 17, 2008 12:54 pm)

My MSRP was $34,500. I got $7000 off in rebates, bonus cash and lease loyality. I didn't put anything down and they made my first payment which is $339 for 27 months and 12,000 miles a year. I want to say my residual is around $18k.
 
The difference between $339 and $265 is $74 a month. If you take that times 27 months it only comes out to about $2000. I would think putting $4000 down to keep your payments lower seems like a little too much to me. I've never liked putting money down on a lease because I feel like I'm throwing it away then unless you plan to purchase the vehicle after the lease is up. That's just my opinion though.
 
I would definately shop around if you haven't already. One dealership (which I almost went with) was offering $360 a month with only 10,500 a year. I walked away and by Monday their offer was down to $330 a month. I ended up going to 3 different dealerships and actually worked a deal with the 3rd dealership over the Internet and by phone before actually seeing the vehicle.
 
Good luck.
#68 of 73
Re: Hi [nuhuskers97] by Car_man HOST
Apr 09, 2008 (1:28 am)
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Replying to: nuhuskers97 (Feb 20, 2008 6:38 pm)

You're welcome, nuhuskers97. Congratulations on getting your new truck. Enjoy .
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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