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Dodge Ram Pickup Lease Questions

98 messages,  Last post on May 30, 2013 at 7:37 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

    

Messages Page 1 of 10

#1 of 98 Dodge Ram Pickup: Lease Questions by Car_man HOST

Aug 31, 2005 (3:53 am)

Hi everyone. Please use the following discussion to post any questions that you have about leasing a Dodge Ram Pickup. Thanks.
 
Car_man
Host
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#2 of 98 Ram lease end by eel14

Sep 13, 2005 (10:40 am)

Hi Car_man,
 
I am currently leasing a 2002 Dodge Ram 1500 Sport. My lease ends June 1, 2006 and was wondering about some options. My payments are currently $595.50/mo and current lease payoff is $18,959.12 (as of 9/23/05). I am trying to relieve some of my debt (and with gas prices) I would like to lower my truck payments. Should I wait until the lease end and finance the truck for the lease end price $14,156 (closed end lease) or could I try and refinance it now and lower my payments. Thanks for any assistance you can provide.

#3 of 98 Re: Ram lease end by Car_man HOST

Sep 15, 2005 (4:10 am)

Hi eel14. It is usually fairly expensive to get out of leases before their scheduled end dates. In order to do so, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive. If you really want to purchase your truck, you will probably be better off waiting until the scheduled end of your current lease to do so. About a month or two before your lease's termination date, place a call to Chrysler Financial (or whichever bank you are leasing through) and see if they will negotiate your trucks' purchase price. there is no guarantee that they will be willing to work with you, more often than not they won't, but you don't have anything to lose by asking.
 
Car_man
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#4 of 98 05 Ram 1500 SLT Quad Hemi by b55140

Sep 26, 2005 (10:52 am)

Can you please provide the money factor and residual for the truck above? Again, 2005 Ram 1500 4x4 QuadCab Hemi. Let me know if you need further details.
 
thanks!

#5 of 98 Re: 05 Ram 1500 SLT Quad Hemi [b55140] by b55140

Sep 26, 2005 (3:40 pm)

Replying to: b55140 (Sep 26, 2005 10:52 am)
The specific truck I'm looking at has a sticker of $34,660. And I forgot to mention in the first post, I would prefer a 36 mo 15k lease.
 
Thanks!

#6 of 98 Re: 05 Ram 1500 SLT Quad Hemi by Car_man HOST

Oct 09, 2005 (5:27 am)

Here's the information that you are looking for, b55140. If you were to lease a 2005 Dodge Ram 1500 SLT Quad 4WD through Chrysler Financial in October for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00298 and 49%, respectively. When negotiating your lease on this truck, make sure to keep in mind that DaimlerChrysler is currently providing $5,000 lease cash on it plus it is giving dealers up to another $1,500 dealer cash under the table. The exact amount of dealer cash that is available on this truck will depend upon the number of trucks the dealer that you are working with sells. They will probably be getting $500 to $1,000 dealer cash on top of the lease cash.
 
Car_man
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#7 of 98 06 Ram Quad Cab Sport Lease by petey50

Jan 19, 2006 (10:11 pm)

Could you provide current numbers/incentives for an 06 Ram Quad Cab Sport Lease? Thanks.

#8 of 98 Re: 06 Ram Quad Cab Sport Lease [petey50] by Car_man HOST

Jan 20, 2006 (4:51 am)

Replying to: petey50 (Jan 19, 2006 10:11 pm)
Hi petey50. You never mentioned how long you want to lease this truck for, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. If you were to lease a 2006 Dodge Ram Quad Cab Sport 4WD through Chrysler Financial right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00225 and 51%, respectively. When negotiating your lease on this truck, make sure to take the $3,000 lease cash and $1,000 bonus cash ($4,000 total) that is available on it into account.
 
Car_man
Host
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#9 of 98 DaimlerChrysler Extra Credit Program by heavyd1

Feb 08, 2006 (9:48 am)

Hi everyone, I am trying to get some info on the Extra Credit Program, I have visited several local dealerships and no one seems to know much about it. I am looking at leasing a 2006 Dodge Ram Quadcab SLT 4wd, Hemi,with Big Horn package, sticker is $35,115. What kind of options could I qualify for under the Extra Credit program with a 740 credit rating?
 
Deferred and Graduated payments combined? I just graduated college and start my job March 1st so the Deferred and or Graduated payments would be very helpful.
 
Also what is a good deal for a lease on this truck?
 
Thank you!

#10 of 98 More info by heavyd1

Feb 08, 2006 (10:33 am)

A local dealership has a 2006 Ram with a MSRP of $32,830 for lease, $89 per month/27 months, 27,000 miles with $3850 down (this deal also includes $1000 lease loyalty which I would qualify for) Without the lease loyalty reduction they have the lease for $119 per month, all other terms the same.
 
Would it be reasonable to try to get the $35,115 MSRP truck for around $150 month with all other terms the same?

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