Insight/advice requested by lease-newbie re: 2015 Ram 1500 Express Quad 4x4

ramboundrambound Member Posts: 2
edited October 2015 in Ram
As offered by dealer:

MSRP: $40,920
Price: $29,139 (demo model with 3,578 miles)
10,000 miles per year and 36 month lease
Residual: 54% of MSRP ($21,216)
MF: 7.1% (translates to .0029583, I believe)

Dealer is quoting a payment of $450-465 per month which I haven't been able to duplicate with available calculators, even when factoring is local sales tax.

Why, may I ask, is the MF (above) so out of sync with those being quoted within the discussion forum. Does it have to do with a private lender being utilized as opposed to Chrysler Capital, perchance? With excellent credit worthiness is such an MF a ridiculous proposition? Any thoughts or insight would be appreciated.

Best Answer


  • ramboundrambound Member Posts: 2
    Thank you very much for the reply and for the information and insight you provided. I'll inquire about the CC program and associated fees and incentives for a proper comparison. Your point re: the $450 payment for 36/10 on a $41K truck (let alone a demo) is particularly salient and appreciated. Thanks again.
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