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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 Dodge Ram Forum. Your Host is kcram

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

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#14 of 73 Re: 2006 4wd quad cab short bed 36 month lease [mazdax605] by Car_man HOST Mar 09, 2006 (2:49 am)
Replying to: mazdax605 (Feb 22, 2006 4:20 pm) Hey Chris. One percent below dealer invoice minus any available incentives is a great price for this truck. Furthermore, the lease program that you described is in line with Chrysler Financial's current program for this model. If you like the truck, I personally don't see any reason not to pull the trigger on this deal.   Car_man Host Smart Shopper / Prices Paid Forums
#15 of 73 06 Ram 1500 Quad cab Sport Lease by petey50 Mar 12, 2006 (5:49 am)
Looking for updated numbers on an 06 Ram 1500 Quad cab sport for a 24 and 36 month lease with 12K miles per year. I saw a posting for a 24 month lease interest rate for .02% and was wondering if this is something new and legit. Also, are the lease cash incentives still around? How close or even below invoice can I expect? Thanks.
#16 of 73 06 Slt Mega Cab by lfilip Mar 27, 2006 (7:51 pm)
Hey Car man,   What is going to be a cap cost on this truck. I am getting quotes of 31-33k and it seems like thats very close to msrp. What is the money factor for these leases and the residual on a 36 mth lease? What is a good cap cost to get?   Leo
#17 of 73 Lease Deal by qpmicro Apr 21, 2006 (2:48 pm)
I am looking at the following deal for an '06 Laramie Quad Cab 4x2:   MSRP $38250 Selling Price $34,509 Minus rebates $5,000 Add neg equity in current lease $2,100   Final selling price $31,609. $1,000 drive-off 39 month lease with 12,000 miles Monthly payment of $570 plus tax   Although the selling price looks like a good deal, the lase money factor seems high (quoted at .0037).   How does the monthly payment look? Replies to this message: Car_man (Apr 23, 2006 6:09 am)
#18 of 73 Re: Lease Deal [qpmicro] by Car_man HOST Apr 23, 2006 (6:09 am)
Replying to: qpmicro (Apr 21, 2006 2:48 pm) Hello qpmicro. The selling price that you were quoted for this truck looks good to me. However, as you suspected the money factor that you were quoted is way too high. DaimlerChrysler Financial's current buy rate lease money factor for a 36 month lease of this truck is currently only .00209. Its 39 month money factor is much worse than this though. This might be why the number that you were quoted is so much higher. Go with a 36 month lease and insist that the .00209 factor is used to calculate your truck's lease payment. Using the numbers that you mentioned in your post, an MSRP of $38,250 and a capitalized cost of $31,609 ($34,509 selling price - $5,000 in incentives + $2,100 in negative equity), I estimate that this truck's 36 month, 12,000 mile, zero down, pre-tax monthly payment should be around $502.   Car_man Host Smart Shopper / Prices Paid Forums
#19 of 73 Good deal by iqbaldhillon2 Jun 25, 2006 (9:10 pm)
I have a friend who has gave me a great deal on a brand new 2006 Dodge Ram 1500 Quad Cab. I'm not sure weather to buy it or not. My friend has an 2004 Ram 1500 he says the truck always needs repairs its not durable. I can't resist this offer. I'm waiting for the 2007 Toyota Tundra or the 2007 Chevy Silverado. Should I buy it.
#20 of 73 06 Sport Lease by whodat50 Jul 04, 2006 (12:06 pm)
trying to lease a 06 Dodge Ram Quad Cab Sport.   On a 36 month lease, we are being told the current residual is 43% (your forum indicated 53% in April), a money factor of 0.00334 making for an incredibly unattractive lease.   Can anyone tell me if these are really the current rates to lease a Dodge ram? Replies to this message: Car_man (Jul 10, 2006 4:05 am)
#21 of 73 my new lease by dmaxwellh Jul 05, 2006 (7:39 am)
'06 Laramie with all the bells and whistles MSRP 42,050 27 month lease, 27000 miles due at delivery: tax on $5500 rebate + 1st month payment = $935 26 additional payments of $485 including tax buyout is $22750 Replies to this message: Car_man (Feb 05, 2007 2:26 am)
#22 of 73 Re: 06 Sport Lease [whodat50] by Car_man HOST Jul 10, 2006 (4:05 am)
Replying to: whodat50 (Jul 04, 2006 12:06 pm) Hi whodat50. Unfortunately, the money factor that you were quoted for this truck looks about right to me. DaimlerChrysler is not providing much in the way of money factor support on the '06 Ram Pickup right now. Chrysler Financial's latest buy rate lease money factor for a 36 month lease of an '06 Dodge Ram Pickup 1500 Quad Cab is .00347. This is equivalent to an interest rate of around 5.6%. If I was in the market for this truck, I personally would not lease it but would finance it or pay cash for it instead.   Car_man Host Prices Paid Forums
#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)

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