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

bbqbluebbqblue Member Posts: 4
edited September 2017 in Ram
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!!

Comments

  • kyfdxkyfdx Moderator Posts: 211,785
    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?

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  • bbqbluebbqblue Member Posts: 4
    2017
    15k
    38500- 9000 rebate/incentives
  • kyfdxkyfdx Moderator Posts: 211,785
    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.

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  • bbqbluebbqblue Member Posts: 4
    Residual is 54% through Ally.
  • kyfdxkyfdx Moderator Posts: 211,785
    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!

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  • bbqbluebbqblue Member Posts: 4
    MF is .0025
  • kyfdxkyfdx Moderator Posts: 211,785
    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?

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