I have found the vehicle I would like to lease. I had previously negotiated the sales price on a purchase option, which the dealer offered to sell to me for $49,500. This is about 21% off MSRP. When I asked them to put a lease option together for me, these are there first numbers.
MSRP $62,370
Purchase Option $34,653 (55%) residual
MF .00045
Due at Signing .
1st month payment . 629.92
Upfront tax . 262.5
Rebate as cap reduction (not sure what this is) $3,750
Total Drive off . $4,642.42
Inception fees waived . $892.42
Again the dealer offered to sell me this truck outright for $49,500 when I told them I originally were thinking of purchasing.
I am ready to move on a new Ram this week, and this is the one I want, but I have to drive a bit further to get it. The sales price to purchase looks to be a good deal, but my preference would be to lease this truck if I can get the right deal, and I know this is not a clean deal. Financing is already locked up with Chrysler Capital. Any help and direction from here would be appreciated. Thanks