2016 Ram 2500 Lease Questions

jim2565

@kyfdx

Hello, can I please get the MF, residual and or rebate offers for August.

2016 Ram 2500 Laramie Mega Cab Crew Cab 4x4

36/10k
36/12k

California zip code: 92336

kyfdx

jim2565 said:

@kyfdx

Hello, can I please get the MF, residual and or rebate offers for August.

2016 Ram 2500 Laramie Mega Cab Crew Cab 4x4

36/10k
36/12k

California zip code: 92336

Standard MF and 60%/59% residual

jim2565

@kyfdx is the standard MF .00200? Any current rebates by chance?

kyfdx

jim2565 said:

@kyfdx is the standard MF .00200? Any current rebates by chance?

It's something close to that.

We don't have incentive information.

cwa318

Do you have October lease numbers for 16' 2500 Ram Laramie or Limited Mega Cab 4x4? 36/15k. Thanks!

Michaell

cwa318 said:

Do you have October lease numbers for 16' 2500 Ram Laramie or Limited Mega Cab 4x4? 36/15k. Thanks!

Sorry, we didn't get any Chrysler numbers this month.

cwa318

Any chance you could tell me what they were for September? Thanks!

Michaell

cwa318 said:

Any chance you could tell me what they were for September? Thanks!

Those numbers have expired. Won't do you any good.

However, all 2500 trucks had the standard MF in play - around .00200

cwa318

Do you have November numbers for 16 2500 mega cab Laramie And Limited for 36 months 15k?

Michaell

cwa318 said:

Do you have November numbers for 16 2500 mega cab Laramie And Limited for 36 months 15k?

Standard MF for all 2500-series.

4x4 or 4x2?

cwa318

Sorry can you share both 4x4 and 4x2? Thanks

Michaell

cwa318 said:

Sorry can you share both 4x4 and 4x2? Thanks

Hmm, no Limited trim for MegaCab.

Laramie - 46% (4x2) or 55% (4x4)

cwa318

Okay, So the 46% is for 4x2 Laramie Mega Can? What was the standard money factor? Thanks!

Michaell

cwa318 said:

Okay, So the 46% is for 4x2 Laramie Mega Can? What was the standard money factor? Thanks!

Yes, 46% for Laramie 4x2 MegaCab.

Last we saw, the standard MF was .00213

cwa318

Do you have lease numbers on 2017 2500 Laramie MegaCab 4x4. 36/15.

kyfdx

cwa318 said:

Do you have lease numbers on 2017 2500 Laramie MegaCab 4x4. 36/15.

2017:

Standard MF and 55% residual

qxbuzz75

What is the residual on a 2017 2500 Big Horn sport appearance package on a 36/10 lease???

Michaell

qxbuzz75 said:

What is the residual on a 2017 2500 Big Horn sport appearance package on a 36/10 lease???

4x4 or 4x2?

What cab style?

jimzigg

Hi is there still lease support for the 2500 Laramie longhorn 4x4 diesel megacab at std MF and 55% residual for Jan 2017?  I am in WI

jimzigg

Also It is a 2016 unit.....

Michaell

jimzigg said:

Hi is there still lease support for the 2500 Laramie longhorn 4x4 diesel megacab at std MF and 55% residual for Jan 2017?  I am in WI

jimzigg said:

Also It is a 2016 unit.....

51% for 36/15, this month.

qxbuzz75

Michaell said:

qxbuzz75 said:

What is the residual on a 2017 2500 Big Horn sport appearance package on a 36/10 lease???

4x4 or 4x2?

What cab style?

Sorry, 4x4 crew cab

kyfdx

qxbuzz75 said:

Michaell said:

qxbuzz75 said:

What is the residual on a 2017 2500 Big Horn sport appearance package on a 36/10 lease???

4x4 or 4x2?

What cab style?

Sorry, 4x4 crew cab

2017: 56% residual for 36/10

jimzigg

Are all the 2016 diesel 2500 mega cab 4x4s same residual?  Limited, Laramie, longhorn, big horn?  All 51% for 36/15?

kyfdx

jimzigg said:

Are all the 2016 diesel 2500 mega cab 4x4s same residual?  Limited, Laramie, longhorn, big horn?  All 51% for 36/15?

48%/51%/48%/50%

jimzigg

Thanks.  The models get listed as "Laramie" and then a "Laramie longhorn". I assume the RV is split 51/48?

Michaell

jimzigg said:

Thanks.  The models get listed as "Laramie" and then a "Laramie longhorn". I assume the RV is split 51/48?

Laramie (51%) is a separate trim from Longhorn (48%)

harrytipp

Can you please post current lease numbers for 17 2500 mega cab Laramie Limited 4x4. Looking at 36/15. Not sure if they call this Longhorn Limited or Laramie Limited? Thanks!

Michaell

harrytipp said:

Can you please post current lease numbers for 17 2500 mega cab Laramie Limited 4x4. Looking at 36/15. Not sure if they call this Longhorn Limited or Laramie Limited? Thanks!

I have a Laramie trim, a Limited trim, and a Longhorn trim.

All 2500 series use the standard MF, which is something like .00270 this month.

Laramie - 54%
Limited - 50%
Longhorn - 51%

harrytipp

Thanks. Would you mind running a calculation on this truck?
17 2500 Limited Mega Cab.
MSRP $66430
Discount $7700
Rebates $4750
Total Discount - $12450
36/15k - sales tax 7% tax on payment

Michaell

harrytipp said:

Thanks. Would you mind running a calculation on this truck?
17 2500 Limited Mega Cab.
MSRP $66430
Discount $7700
Rebates $4750
Total Discount - $12450
36/15k - sales tax 7% tax on payment

$869/mo, tax included.

The 2500 series do not lease well, at all.

carguymia

I am looking for money factor and residuals for the following vehicle:

2016 Dodge Ram 2500 SLT, 4x4, 6.7L Diesel, crew cab

Mileage of 10k/12k/15k on 24month and 36 month leases

Location is Miami, FL 33189. Also, any cash incentives. Thank you in advance for your help.

carguymia

I am looking for money factor and residuals for the following vehicle:

2017 Dodge Ram 2500 Tradesman, 4x4, 6.7L Diesel, crew cab

Mileage of 10k/12k/15k on 24month and 36 month leases

Location is Miami, FL 33189. Also, any cash incentives. Thank you in advance for your help.

Michaell

carguymia said:

I am looking for money factor and residuals for the following vehicle:

2017 Dodge Ram 2500 Tradesman, 4x4, 6.7L Diesel, crew cab

Mileage of 10k/12k/15k on 24month and 36 month leases

Location is Miami, FL 33189. Also, any cash incentives. Thank you in advance for your help.

Standard MF and 58% / 57% / 56% (24) or 54% / 53% / 51% (36)

no incentive information

kyfdx

carguymia said:

I am looking for money factor and residuals for the following vehicle:

2016 Dodge Ram 2500 SLT, 4x4, 6.7L Diesel, crew cab

Mileage of 10k/12k/15k on 24month and 36 month leases

Location is Miami, FL 33189. Also, any cash incentives. Thank you in advance for your help.

Standard MF and 51%/46% residual for 24/36 months, 15K/yr
Add 3% or 2% for 10K or 12K

Heavy Duty pickups never lease well.

carguymia

What is the standard money factor for Miami?

I am being offered incentives of between $4,000 and $9,000 but all the incentives say I must take retail delivery by 5/31. The problem is they have to bring the truck from another dealer out of state and it won't make the deadline.

Do the manufacturers offer more incentives later in the summer when the new model year comes out?

Thanks,
Chris

kyfdx

carguymia said:

What is the standard money factor for Miami?

I am being offered incentives of between $4,000 and $9,000 but all the incentives say I must take retail delivery by 5/31. The problem is they have to bring the truck from another dealer out of state and it won't make the deadline.

Do the manufacturers offer more incentives later in the summer when the new model year comes out?

Thanks,
Chris

Don't have the money factor number, but it's likely between .00200-.00280.

Can't tell you what might happen to incentives after this program expires. The dealer probably doesn't know, either.

carguymia

The following is for a 2017 Ram 2500 Tradesman, Crew cab, 4x4. Lease with 10k mileage 48 months for Miami.

I am trying to back out the MF and residual from the following offer from the RAM website.
MSRP $38,545, options $4830, dest charge $1,395, down pay $4,744 (12%), dealer discount $3,000, term 48months, incentives $4,000. They get a lease payment of $338.

I get a payment of $429 when I use MF of .002 and residual of 50%. Not sure which number to change, MF or residual?

carguymia

I think I figured it out, I forgot to include the $3,000 dealer discount. With that and .002 MF and 52% residual on a 48 month lease I get $337.74

kyfdx

carguymia said:

I think I figured it out, I forgot to include the $3,000 dealer discount. With that and .002 MF and 52% residual on a 48 month lease I get $337.74

I show 48% residual for 48/10 for the 2500 Tradesman CrewCab 4X4

neversatisfied

I didn't see a 2017 lease thread so figured I would ask here...

Looking for lease rates on a 2017 2500 4x4 Crew Cab Power Wagon please 
36/15

Tampa FL

Thanks

Michaell

neversatisfied said:

I didn't see a 2017 lease thread so figured I would ask here...

Looking for lease rates on a 2017 2500 4x4 Crew Cab Power Wagon please 
36/15

Tampa FL

Thanks

Standard MF and 49%

H/D pickups do not lease all that well.

asd302

Can I please get the 36mo/12k #'s for 4x4 Crew Laramie 2500 in PA, Thanks

Michaell

asd302 said:

Can I please get the 36mo/12k #'s for 4x4 Crew Laramie 2500 in PA, Thanks

2016?

standard MF and 48%

asd302

Michaell said:

asd302 said:

Can I please get the 36mo/12k #'s for 4x4 Crew Laramie 2500 in PA, Thanks

2016?

standard MF and 48%

2017 sorry if in wrong thread

kyfdx

asd302 said:

Michaell said:

asd302 said:

Can I please get the 36mo/12k #'s for 4x4 Crew Laramie 2500 in PA, Thanks

2016?

standard MF and 48%

2017 sorry if in wrong thread

Please post here:
https://forums.edmunds.com/discussion/40281/ram/2500/ram-2500-lease#latest

Thanks!

carguymia

I have a question on the early buyout of a lease.

If I want to refinance a Chrysler lease into a loan from my credit union what will I owe Chrysler?

I asked the dealer "Is there a prepayment penalty on the lease if I exercise the purchase option early?"

Their response was:

"Early purchase calculation is remaining payments plus residual and the 350 purchase option fee."

So here is my potential example: 2017 Ram 2500 Laramie, 4x4, Crew, short bed
MSRP is $62,170, net cap cost $48199, money factor .00259, term 48 months, residual $24868

I get a payment of $715.81 with taxes. For the entire 48months the total payments would be $34358 including interest of $9083.

So my question is: The dealers answer seems to indicate I would be on the hook for the entire 48 months of payments including interest plus the residual value? Am I paying the full 48 months of interest or just the interest up to the time I payoff the lease?

Michaell

carguymia said:

I have a question on the early buyout of a lease.

If I want to refinance a Chrysler lease into a loan from my credit union what will I owe Chrysler?

I asked the dealer "Is there a prepayment penalty on the lease if I exercise the purchase option early?"

Their response was:

"Early purchase calculation is remaining payments plus residual and the 350 purchase option fee."

So here is my potential example: 2017 Ram 2500 Laramie, 4x4, Crew, short bed
MSRP is $62,170, net cap cost $48199, money factor .00259, term 48 months, residual $24868

I get a payment of $715.81 with taxes. For the entire 48months the total payments would be $34358 including interest of $9083.

So my question is: The dealers answer seems to indicate I would be on the hook for the entire 48 months of payments including interest plus the residual value? Am I paying the full 48 months of interest or just the interest up to the time I payoff the lease?

That is correct - when you sign the contract, you commit to 48 payments of x. Those payments already include the interest (rent charge).

If, after 12 months, you decide to buy out the lease, the payoff value is as the dealer described - 36 remaining payments plus the residual value plus the purchase option fee.

My question back to you is - why would you want to do that? If your intention is to keep the car, just buy it from the outset. That way, you'll skip the fees (acquisition, buy out, etc.), and likely have a lower interest rate (.00259 is over 6% APR)

kyfdx

@carguymia Don't take the dealer's word for it. Call the leasing bank and ask for your payoff. Be sure to ask if that includes sales tax. There may be some savings on the finance portion of the lease payments not yet made.

Your lease is not with the dealer, it's with the bank.

Of course, if this is hypothetical, then you have no one to call.