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Ram Pickups Lease Questions

95 messages,  Last post on May 20, 2013 at 4:19 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

#52 of 95 Lease 2007 Dodge RAM 2500 SLT? by cdanger

Jul 26, 2007 (11:14 pm)

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

Aug 09, 2007 (11:54 am)

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 95 Looking for good deal by shrewd2

Aug 23, 2007 (5:31 pm)

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 95 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#56 of 95 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#57 of 95 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#58 of 95 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 95 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 95 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 95 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.

Messages Page 7 of 11

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