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What are the current residual values and money factor for a 2006 Ram 1500 Mega Cab Laramie? Thanks
Car_man
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Prices Paid Forum
You never mentioned the selling price of the truck that your son are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to work give you my opinion of this deal if you let me know what its selling price is.
Car_man
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Prices Paid Forum
Can you give me the current lease money factor and residual value for a 2007 Dodge Ram 1500 Quad Cab SLT 4x2 swb 39 month, 15,000mi/yr in the Atlanta area? And do you expect these numbers to go up or down as we go into the new year?
Thanks
Heres the deal.
I paid $4800 down, this included the 4 remaining payments on my trade of 557.25 monthly, the rest was down payment.
Gross cap cost is 37089.27
Cap cost reduction 8473
Adj Cap 28616.21
Residual 18286.05
39 mth lease
12k miles a year
$453.90 a month
They gave me 5000 rebate
Said I could not have the 1000 loyalty cash if I was using the Pull ahead as well. ????
Thanks for looking.
Car_man
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Prices Paid Forum
Car_man
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Prices Paid Forum
The MSRP is $37,535
Car_man
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Prices Paid Forum
A friend just got a nice deal on a leftover '06 MegaCab Laramie with CTD. He said when they were doing the financing, they offered him several lease deals. In my (limited) experience, you can not normally lease a year old model.
Question 1) Can you lease a 2006 New at this time and what are the rates for a 06 Mega SLT 2wd in 63026 (St. Louis)
2) Rates for 2007 1500 Quad Cab Laramie 2wd and 2007 2500 Quad Cab SLT 2wd.
3) On the 07's what does it make a difference in lease rates for 2wd for 4wd.
Sorry for all the questions. I need a truck in the next few months and these deals on Dodge's right now are pretty good.:)
Thanks,
DaveW
Car_man
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Prices Paid Forum
If you were to lease a 2007 Dodge Ram Pickup Mega Cab SLT 2WD through Chrysler Financial right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value in your area should be .00343 and 47%. The money factors for the 2WD and 4WD versions of this truck are the same, but the 4WD's residual value is higher at 51%. DaimlerChrysler is currently providing $3,000 lease cash on the '07 Dodge Ram Mega Cab.
There is a stairstep dealer cash promotion running on Dodge Ram Pickups right now that provides dealers with up to $1,000 per unit if they hit a certain sales target, so dealers have a lot of incentive to deal on this model right now.
Car_man
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Prices Paid Forum
What could I expect to pay on leasing an '07 Ram 2500 SLT 4x4 SB for a 36 months? I would like to put as litte down as possible. I was reading some earlier posts and some people were talking about a college grad promo? Well I recently graduated and have great credit!
Or are there any better times to lease a truck other than right now or should I wait until a big sale? I live near Sacramento, CA!
Thanks!!
Car_man
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Prices Paid Forum
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...
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!!!!!
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
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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.
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.
I am currently looking at leasing a 2008 Dodge Ram 2500 SLT CTD 4x4. I am looking at 63 month lease, 12 K, payment is at $526/month.
Here are the details, good deal? Should I consider purchasing instead?
46,510-MSRP
37,414- purchase
2468.35- added costs- WFF acq fee-$795, auto flex lease fee- $350, extra added accessory- $499, lease dealer profit- $824.35
Adjusted cap- 39,882
Residual- 15,328 , 33%
MF - .00180 / 4.32% - Wells Fargo Financial
Tax- $2369.56 / 6.25% in texas