2016 Ram 1500 Lease Questions

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Comments

  • kyfdxkyfdx Moderator Posts: 262,905
    armykid said:

    Good evening everyone. Just leased my first truck. It is a Ram 1500 Big Horn V6. Here are the dailies. I was wondering if I got a decent deal.

    I traded in a Honda Accord which was upside down by $2,500.

    The MSRP on the truck was $42,500 because of the extras it had. I got the price down to $38,227 with incentives.

    The lease is for 36 months and my payments are $389 per month with $2,000 down. (Remember I was upside down on my accord by $2,500)

    The residual value on the truck at the end off the lease will be $23,791.80.

    If anyone could let me know how I did I would really appreciate it.

    With $2500 of negative equity, that looks like a great price. What is the mileage allowance?

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  • armykidarmykid Member Posts: 6
    They started wanting to only giving me 10 but I got it to 12k.

    So my monthly is good when you factor in all the details mentioned?
  • MichaellMichaell Moderator Posts: 260,433
    armykid said:

    They started wanting to only giving me 10 but I got it to 12k.

    So my monthly is good when you factor in all the details mentioned?

    I would say yes.

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  • armykidarmykid Member Posts: 6
    Thank you very much Michaell. Appreciate the insight.
  • yortizyortiz Member Posts: 43
    Hi, I am hoping you can provide me with the MF and residual for a Rebel 4x4 V8 for a 36/12 and 24/12 in California.  Curious if it matters what state you are in? Thanks for your help!
  • yortizyortiz Member Posts: 43
    Do the current incentives work with a lease?  
  • kyfdxkyfdx Moderator Posts: 262,905
    yortiz said:

    Hi, I am hoping you can provide me with the MF and residual for a Rebel 4x4 V8 for a 36/12 and 24/12 in California.  Curious if it matters what state you are in? Thanks for your help!

    yortiz said:

    Do the current incentives work with a lease?  

    .00024 MF and 64% residual
    .00012 MF and 57% residual

    National numbers

    There may be purchase incentives that are not applicable, when leasing.

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  • imail369imail369 Member Posts: 9
    Looking for MF/RV on Crew Cab Big Horn 4x2 v6 Diesel in FL, 24/15 and 36/15. Thanks in advance.
  • MichaellMichaell Moderator Posts: 260,433
    imail369 said:

    Looking for MF/RV on Crew Cab Big Horn 4x2 v6 Diesel in FL, 24/15 and 36/15. Thanks in advance.

    .00026 and 64% for 24/15.
    .00004 and 54% for 36/15

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  • imail369imail369 Member Posts: 9
    Lease rates on Big Horn, ST, or Tradesman?  For 24/15 and 36/15.  4x2 diesel.  Trying to figure out which model offers the best terms.
  • MichaellMichaell Moderator Posts: 260,433
    imail369 said:

    Lease rates on Big Horn, ST, or Tradesman?  For 24/15 and 36/15.  4x2 diesel.  Trying to figure out which model offers the best terms.

    Which cab style?

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  • imail369imail369 Member Posts: 9
    sorry, I meant crew cab.
  • imail369imail369 Member Posts: 9
    Michaell said:
    Lease rates on Big Horn, ST, or Tradesman?  For 24/15 and 36/15.  4x2 diesel.  Trying to figure out which model offers the best terms.
    Which cab style?
    Michaell said:
    Lease rates on Big Horn, ST, or Tradesman?  For 24/15 and 36/15.  4x2 diesel.  Trying to figure out which model offers the best terms.
    Which cab style?
    Crew Cab
  • kyfdxkyfdx Moderator Posts: 262,905
    imail369 said:

    Lease rates on Big Horn, ST, or Tradesman?  For 24/15 and 36/15.  4x2 diesel.  Trying to figure out which model offers the best terms.

    imail369 said:

    sorry, I meant crew cab.

    The Tradesman and SLT do not have a supported lease program

    Big Horn 4X2 CrewCab (diesel or gas are the same)
    .00026 MF and 64% residual
    .00004 MF and 54% residual

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  • imail369imail369 Member Posts: 9
    kyfdx said:

    imail369 said:

    Lease rates on Big Horn, ST, or Tradesman?  For 24/15 and 36/15.  4x2 diesel.  Trying to figure out which model offers the best terms.

    imail369 said:

    sorry, I meant crew cab.

    The Tradesman and SLT do not have a supported lease program

    Big Horn 4X2 CrewCab (diesel or gas are the same)
    .00026 MF and 64% residual
    .00004 MF and 54% residual
    What about the Express model? Any better rates there?
  • MichaellMichaell Moderator Posts: 260,433
    imail369 said:

    kyfdx said:

    imail369 said:

    Lease rates on Big Horn, ST, or Tradesman?  For 24/15 and 36/15.  4x2 diesel.  Trying to figure out which model offers the best terms.

    imail369 said:

    sorry, I meant crew cab.

    The Tradesman and SLT do not have a supported lease program

    Big Horn 4X2 CrewCab (diesel or gas are the same)
    .00026 MF and 64% residual
    .00004 MF and 54% residual
    What about the Express model? Any better rates there?
    Express 4x2 CrewCab
    .00017 and 68%
    .00014 and 58%

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  • hellcat4hellcat4 Member Posts: 21
    Hello, can you please post the MF and RV for 2016 Ram1500 big horn 36/10K for NY. Thank you.
  • MichaellMichaell Moderator Posts: 260,433
    hellcat4 said:

    Hello, can you please post the MF and RV for 2016 Ram1500 big horn 36/10K for NY. Thank you.

    What cab style?

    4x4 or 4x2?

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  • hellcat4hellcat4 Member Posts: 21
    4X2 please.
  • hellcat4hellcat4 Member Posts: 21
    Crew cab
  • MichaellMichaell Moderator Posts: 260,433
    hellcat4 said:

    4X2 please.

    And the cab style?

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  • hellcat4hellcat4 Member Posts: 21
    Sorry...Crew cab. Thank you.
  • kyfdxkyfdx Moderator Posts: 262,905
    hellcat4 said:

    Hello, can you please post the MF and RV for 2016 Ram1500 big horn 36/10K for NY. Thank you.

    hellcat4 said:

    4X2 please.

    hellcat4 said:

    Crew cab

    .00004 MF and 57% residual

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  • benjedidiahbenjedidiah Member Posts: 18
    Could I please get 4x4 Crew Cab numbers in Limited trim (highest trim package available).. 36/12. Thanks!
  • kyfdxkyfdx Moderator Posts: 262,905

    Could I please get 4x4 Crew Cab numbers in Limited trim (highest trim package available).. 36/12. Thanks!

    Is that a Longhorn Limited?

    .00045 MF and 54% residual

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  • imail369imail369 Member Posts: 9
    Michaell said:

    imail369 said:

    kyfdx said:

    imail369 said:

    Lease rates on Big Horn, ST, or Tradesman?  For 24/15 and 36/15.  4x2 diesel.  Trying to figure out which model offers the best terms.

    imail369 said:

    sorry, I meant crew cab.

    The Tradesman and SLT do not have a supported lease program

    Big Horn 4X2 CrewCab (diesel or gas are the same)
    .00026 MF and 64% residual
    .00004 MF and 54% residual
    What about the Express model? Any better rates there?
    Express 4x2 CrewCab
    .00017 and 68%
    .00014 and 58%
    Can you tell me if I am looking at this correct?

    2 yr lease/15 miles
    Model: Express Crew Cab 4x4
    Term: 24
    Money Factor: 0.00017
    Residual Rate: 68%
    MSRP: $43,185.00
    Price Paid: $34,042.00
    Residual Value: $29,365.80
    Depreciation: $4,676.20

    Monthly Depreciation: $194.84
    Monthly Interest: $5.79
    Tax: $14.04
    Total Payment: $214.67
  • MichaellMichaell Moderator Posts: 260,433
    imail369 said:

    Michaell said:

    imail369 said:

    kyfdx said:

    imail369 said:

    Lease rates on Big Horn, ST, or Tradesman?  For 24/15 and 36/15.  4x2 diesel.  Trying to figure out which model offers the best terms.

    imail369 said:

    sorry, I meant crew cab.

    The Tradesman and SLT do not have a supported lease program

    Big Horn 4X2 CrewCab (diesel or gas are the same)
    .00026 MF and 64% residual
    .00004 MF and 54% residual
    What about the Express model? Any better rates there?
    Express 4x2 CrewCab
    .00017 and 68%
    .00014 and 58%
    Can you tell me if I am looking at this correct?

    2 yr lease/15 miles
    Model: Express Crew Cab 4x4
    Term: 24
    Money Factor: 0.00017
    Residual Rate: 68%
    MSRP: $43,185.00
    Price Paid: $34,042.00
    Residual Value: $29,365.80
    Depreciation: $4,676.20

    Monthly Depreciation: $194.84
    Monthly Interest: $5.79
    Tax: $14.04
    Total Payment: $214.67
    I get a pre-tax payment of $206/mo with those numbers - pretty close.

    Are you sure you can get the truck for $9K off sticker if you are leasing? Often there are incentives available for purchase that don't apply if leasing.

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  • imail369imail369 Member Posts: 9
    Michaell said:

    imail369 said:

    Michaell said:

    imail369 said:

    kyfdx said:

    imail369 said:

    Lease rates on Big Horn, ST, or Tradesman?  For 24/15 and 36/15.  4x2 diesel.  Trying to figure out which model offers the best terms.

    imail369 said:

    sorry, I meant crew cab.

    The Tradesman and SLT do not have a supported lease program

    Big Horn 4X2 CrewCab (diesel or gas are the same)
    .00026 MF and 64% residual
    .00004 MF and 54% residual
    What about the Express model? Any better rates there?
    Express 4x2 CrewCab
    .00017 and 68%
    .00014 and 58%
    Can you tell me if I am looking at this correct?

    2 yr lease/15 miles
    Model: Express Crew Cab 4x4
    Term: 24
    Money Factor: 0.00017
    Residual Rate: 68%
    MSRP: $43,185.00
    Price Paid: $34,042.00
    Residual Value: $29,365.80
    Depreciation: $4,676.20

    Monthly Depreciation: $194.84
    Monthly Interest: $5.79
    Tax: $14.04
    Total Payment: $214.67
    I get a pre-tax payment of $206/mo with those numbers - pretty close.

    Are you sure you can get the truck for $9K off sticker if you are leasing? Often there are incentives available for purchase that don't apply if leasing.
    I doubt it as all you get is BS until you show up to sign the papers, but I'm trying. This was based on what a dealer in South Florida told me they could do for price. We haven't discussed lease terms yet, but I told him I was planning on leasing.

    Do I have MF and Residual correct for a 4x4? I think your original numbers were for a 4x2.

    Thanks
  • MichaellMichaell Moderator Posts: 260,433
    imail369 said:

    Michaell said:

    imail369 said:

    Michaell said:

    imail369 said:

    kyfdx said:

    imail369 said:

    Lease rates on Big Horn, ST, or Tradesman?  For 24/15 and 36/15.  4x2 diesel.  Trying to figure out which model offers the best terms.

    imail369 said:

    sorry, I meant crew cab.

    The Tradesman and SLT do not have a supported lease program

    Big Horn 4X2 CrewCab (diesel or gas are the same)
    .00026 MF and 64% residual
    .00004 MF and 54% residual
    What about the Express model? Any better rates there?
    Express 4x2 CrewCab
    .00017 and 68%
    .00014 and 58%
    Can you tell me if I am looking at this correct?

    2 yr lease/15 miles
    Model: Express Crew Cab 4x4
    Term: 24
    Money Factor: 0.00017
    Residual Rate: 68%
    MSRP: $43,185.00
    Price Paid: $34,042.00
    Residual Value: $29,365.80
    Depreciation: $4,676.20

    Monthly Depreciation: $194.84
    Monthly Interest: $5.79
    Tax: $14.04
    Total Payment: $214.67
    I get a pre-tax payment of $206/mo with those numbers - pretty close.

    Are you sure you can get the truck for $9K off sticker if you are leasing? Often there are incentives available for purchase that don't apply if leasing.
    I doubt it as all you get is BS until you show up to sign the papers, but I'm trying. This was based on what a dealer in South Florida told me they could do for price. We haven't discussed lease terms yet, but I told him I was planning on leasing.

    Do I have MF and Residual correct for a 4x4? I think your original numbers were for a 4x2.

    Thanks
    I wouldn't be surprised in the least that when you get there, you'll get some story about how the pricing they quoted was for purchase, as if they never heard you mention the word "lease".

    Everything we've quoted is for 4x2. 4x4 numbers are different ... which cab style and trim are you trying to make a deal on?

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  • imail369imail369 Member Posts: 9
    Michaell said:

    imail369 said:

    Michaell said:

    imail369 said:

    Michaell said:

    imail369 said:

    kyfdx said:

    imail369 said:

    Lease rates on Big Horn, ST, or Tradesman?  For 24/15 and 36/15.  4x2 diesel.  Trying to figure out which model offers the best terms.

    imail369 said:

    sorry, I meant crew cab.

    The Tradesman and SLT do not have a supported lease program

    Big Horn 4X2 CrewCab (diesel or gas are the same)
    .00026 MF and 64% residual
    .00004 MF and 54% residual
    What about the Express model? Any better rates there?
    Express 4x2 CrewCab
    .00017 and 68%
    .00014 and 58%
    Can you tell me if I am looking at this correct?

    2 yr lease/15 miles
    Model: Express Crew Cab 4x4
    Term: 24
    Money Factor: 0.00017
    Residual Rate: 68%
    MSRP: $43,185.00
    Price Paid: $34,042.00
    Residual Value: $29,365.80
    Depreciation: $4,676.20

    Monthly Depreciation: $194.84
    Monthly Interest: $5.79
    Tax: $14.04
    Total Payment: $214.67
    I get a pre-tax payment of $206/mo with those numbers - pretty close.

    Are you sure you can get the truck for $9K off sticker if you are leasing? Often there are incentives available for purchase that don't apply if leasing.
    I doubt it as all you get is BS until you show up to sign the papers, but I'm trying. This was based on what a dealer in South Florida told me they could do for price. We haven't discussed lease terms yet, but I told him I was planning on leasing.

    Do I have MF and Residual correct for a 4x4? I think your original numbers were for a 4x2.

    Thanks
    I wouldn't be surprised in the least that when you get there, you'll get some story about how the pricing they quoted was for purchase, as if they never heard you mention the word "lease".

    Everything we've quoted is for 4x2. 4x4 numbers are different ... which cab style and trim are you trying to make a deal on?
    Express Crew Cab
  • MichaellMichaell Moderator Posts: 260,433
    imail369 said:

    Michaell said:

    imail369 said:

    Michaell said:

    imail369 said:

    Michaell said:

    imail369 said:

    kyfdx said:

    imail369 said:

    Lease rates on Big Horn, ST, or Tradesman?  For 24/15 and 36/15.  4x2 diesel.  Trying to figure out which model offers the best terms.

    imail369 said:

    sorry, I meant crew cab.

    The Tradesman and SLT do not have a supported lease program

    Big Horn 4X2 CrewCab (diesel or gas are the same)
    .00026 MF and 64% residual
    .00004 MF and 54% residual
    What about the Express model? Any better rates there?
    Express 4x2 CrewCab
    .00017 and 68%
    .00014 and 58%
    Can you tell me if I am looking at this correct?

    2 yr lease/15 miles
    Model: Express Crew Cab 4x4
    Term: 24
    Money Factor: 0.00017
    Residual Rate: 68%
    MSRP: $43,185.00
    Price Paid: $34,042.00
    Residual Value: $29,365.80
    Depreciation: $4,676.20

    Monthly Depreciation: $194.84
    Monthly Interest: $5.79
    Tax: $14.04
    Total Payment: $214.67
    I get a pre-tax payment of $206/mo with those numbers - pretty close.

    Are you sure you can get the truck for $9K off sticker if you are leasing? Often there are incentives available for purchase that don't apply if leasing.
    I doubt it as all you get is BS until you show up to sign the papers, but I'm trying. This was based on what a dealer in South Florida told me they could do for price. We haven't discussed lease terms yet, but I told him I was planning on leasing.

    Do I have MF and Residual correct for a 4x4? I think your original numbers were for a 4x2.

    Thanks
    I wouldn't be surprised in the least that when you get there, you'll get some story about how the pricing they quoted was for purchase, as if they never heard you mention the word "lease".

    Everything we've quoted is for 4x2. 4x4 numbers are different ... which cab style and trim are you trying to make a deal on?
    Express Crew Cab
    24/15 - .00014 and 69%
    36/15 - .00008 and 59%

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  • RevHackerRevHacker Member Posts: 3
    Money Factor and residual on 2016 Express Quad Tradesman 42 months?
  • kyfdxkyfdx Moderator Posts: 262,905
    RevHacker said:

    Money Factor and residual on 2016 Express Quad Tradesman 42 months?

    I show either Express or Tradesman, but not both in the same truck.
    Either way, you want to avoid the Tradesman, because the numbers are terrible.
    Also, the only good leases through Chrysler Capital this month are for 36 months

    2016 Quad Cab Express RWD 36 mo, 15K/yr.
    .00011 MF and 56% residual.

    If you need a different configuration, let us know.

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  • RevHackerRevHacker Member Posts: 3
    Thank you. Dealer here is offering the 42 month lease. http://www.milwaukeedodgecity.com/ram-lease-specials/
    They are still honor this offer even though it "expired" end of May.
  • kyfdxkyfdx Moderator Posts: 262,905
    RevHacker said:

    Thank you. Dealer here is offering the 42 month lease. http://www.milwaukeedodgecity.com/ram-lease-specials/
    They are still honor this offer even though it "expired" end of May.

    I would say they are probably using Ally or another bank. Not Chrysler Capital.

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  • nomoneydownnomoneydown Member Posts: 1
    Looking for the MF/RV on 2016 Ram Sport, Hemi, Crew 4x4 in Philly. 36/12.
    Thank you!
  • MichaellMichaell Moderator Posts: 260,433

    Looking for the MF/RV on 2016 Ram Sport, Hemi, Crew 4x4 in Philly. 36/12.
    Thank you!

    .00017 and 55%.

    These numbers are valid until 7/5/16.

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  • ray_5365ray_5365 Member Posts: 14
    Any number for rebel? 24/12 or 36/12? thanks
  • kyfdxkyfdx Moderator Posts: 262,905
    ray_5365 said:

    Any number for rebel? 24/12 or 36/12? thanks

    Is the Rebel a 4WD CrewCab only? If so,

    .00024 MF and 64% residual
    .00012 MF and 57% residual

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  • ss1964impalass1964impala Member Posts: 13
    Can you please post the MF and residuals for a Big Horn Crew Cab 4x4 and an Express Crew Cab 4x4?
    24/12 and 36/12. Is there any new lease cash for July? Thank you!
  • kyfdxkyfdx Moderator Posts: 262,905

    Can you please post the MF and residuals for a Big Horn Crew Cab 4x4 and an Express Crew Cab 4x4?
    24/12 and 36/12. Is there any new lease cash for July? Thank you!

    BigHorn:
    .00010 MF and 66% residual
    .00016 MF and 58% residual

    Express:
    .00026 MF and 69% residual
    .00008 MF and 61% residual

    Don't have lease cash info.

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  • jeremy_b4jeremy_b4 Member Posts: 14
    Hi, could I please get MF and Residual for an Express Crew Cab 4x4 in Indiana for 36/15? Also, how will green slip work with dealer incentives and manufacturer incentives?

    Thanks for the info!
  • MichaellMichaell Moderator Posts: 260,433
    jeremy_b4 said:

    Hi, could I please get MF and Residual for an Express Crew Cab 4x4 in Indiana for 36/15? Also, how will green slip work with dealer incentives and manufacturer incentives?

    Thanks for the info!

    .00008 and 59%.

    I've never heard of "green slip" - what is this?

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  • jeremy_b4jeremy_b4 Member Posts: 14
    Green Slip = Chrysler Employee Discount
  • mwfromva75_mwfromva75_ Member Posts: 40
    edited July 2016
    MF and R/V for 2016 Ram 1500 Crew 4x4 Hemi or diesel Laramie and Big Horn (not sure if engine matters). Long bed or short (once again, not sure if it matters). Virginia. 36/10, 36/12.

    Thanks in advance!
  • MichaellMichaell Moderator Posts: 260,433

    MF and R/V for 2016 Ram 1500 Crew 4x4 Hemi or diesel Laramie and Big Horn (not sure if engine matters). Long bed or short (once again, not sure if it matters). Virginia. 36/10, 36/12.

    Thanks in advance!

    36/12
    Laramie – .00062 and 61%
    Big horn – .0001 650%

    Add 1% for 10,000 miles

    Engine choice or bed length do not affect these numbers.

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  • jeremy_b4jeremy_b4 Member Posts: 14
    How does this deal look to you guys?
  • MichaellMichaell Moderator Posts: 260,433
    jeremy_b4 said:

    How does this deal look to you guys?

    Can't tell you if the MF is marked up, but that seems like a strong deal on a $42,000 truck.

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • supercfdsupercfd Member Posts: 3
    I'm being quoted the following on 36/12 for Ram 1500 4X4 Crew Cab short bed V8 in Kansas City, Kansas. Can you verify these? And is there any difference in Missouri? What are the 24/12 numbers if you have them?

    Laramie: 0.00062 MF with 57% R/V
    SLT Big Horn*: 0.00016 with 58% R/V

    *I thought Big Horn and SLT were two different trims. Window sticker says at the top "Ram 1500 Big Horn Crew Cab 4X4", but the on the same window sticker, right below the box for the base price, it says "Ram 1500 SLT Crew Cab 4X4". So, not sure if that means this is an SLT or a Big Horn, or if those are even two different trim levels.
  • MichaellMichaell Moderator Posts: 260,433
    supercfd said:

    I'm being quoted the following on 36/12 for Ram 1500 4X4 Crew Cab short bed V8 in Kansas City, Kansas. Can you verify these? And is there any difference in Missouri? What are the 24/12 numbers if you have them?

    Laramie: 0.00062 MF with 57% R/V
    SLT Big Horn*: 0.00016 with 58% R/V

    *I thought Big Horn and SLT were two different trims. Window sticker says at the top "Ram 1500 Big Horn Crew Cab 4X4", but the on the same window sticker, right below the box for the base price, it says "Ram 1500 SLT Crew Cab 4X4". So, not sure if that means this is an SLT or a Big Horn, or if those are even two different trim levels.

    Big Horn - .00016 and 58%
    Laramie - .00062 and 57%

    Therefore, agree with the dealer info.

    24/12 numbers:
    Big Horn - .00010 and 66%
    Laramie - .00011 and 64%

    The SLT trim level has awful numbers; you want the Big Horn package.

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

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