Car Buying Advice - Is it a good deal on a 2017 Ram 1500?

bbqblue

My first time leasing and I'm looking at a Ram 1500 Quad cab 4x4 Express value package 20" rims Customer preferred package Bed liner Backup camera Hitch Msrp 42120 Zip 13084 $350/36 month $1000 down Like I said first time leasing, did quite a bit of research but I don't have any comparison to see if I have a deal or not! Any info would be great!! Thanks!!

kyfdx

bbqblue said:

My first time leasing and I'm looking at a Ram 1500 Quad cab 4x4
Express value package 20" rims
Customer preferred package
Bed liner
Backup camera
Hitch
Msrp 42120
Zip 13084
$350/36 month
$1000 down
Like I said first time leasing, did quite a bit of research but I don't have any comparison to see if I have a deal or not!
Any info would be great!!
Thanks!!

Looks like a really low payment, relative to MSRP.

Is it a 2017 or 2018?
Did they give you a sale price or adjusted CAP cost?
What is the mileage allowance?

bbqblue

2017
15k
38500- 9000 rebate/incentives

kyfdx

bbqblue said:

2017
15k
38500- 9000 rebate/incentives

.00013 MF and 45% residual, if it's through Chrysler Capital.

And, it might be, because I get $300/mo.+tax.. Add in fees, etc.. and $350/mo. looks about right.

Amazing deal.

bbqblue

Residual is 54% through Ally.

kyfdx

bbqblue said:

Residual is 54% through Ally.

Guessing money factor through Ally is really high, to go along with the high residual. Either way, looks like a similar price to the CC lease.

Cheap!

bbqblue

MF is .0025

kyfdx

bbqblue said:

MF is .0025

Yeah.. it's the whole package that counts, when it comes to a lease payment.
High money factor, but high residual and big incentives = cheap lease payment.

Are you getting it?