Is this a good deal??

Freethrow28Freethrow28 Member Posts: 4
edited July 2023 in Ram

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  • Freethrow28Freethrow28 Member Posts: 4

    Also what would be the residual and MF? Thank you

  • kyfdxkyfdx Moderator Posts: 261,245

    Also what would be the residual and MF? Thank you

    What is your location?

    Does the $0 down option mean no cash from you at closing? Or, do you still have to pay first payment, fees, etc.?

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  • Freethrow28Freethrow28 Member Posts: 4
    1. No cash or first month payment. Out the door
  • kyfdxkyfdx Moderator Posts: 261,245

    1. No cash or first month payment. Out the door
    42/12
    .00091 MF and 49% residual
    $5000 incentive

    I'll guess your $7000 incentive includes a loyalty rebate?

    The payment calculation is correct, if I add the first payment to the "Balance" in the right-hand column

    I assume this is a current lease that you are trading in?

    If you think the discount and the trade allowance are fair, it's a pretty good lease program. (with the incentives)

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  • Freethrow28Freethrow28 Member Posts: 4

    Trading in my old lease. I should try for more discount. Thank you!!

  • MichaellMichaell Moderator Posts: 259,126

    Trading in my old lease. I should try for more discount. Thank you!!

    Have you shopped around?

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