Looking for thoughts on this deal BEFORE pulling the trigger haha I intend to push for a bit more off or maybe a tonneau cover, but any input at where I stand now would be greatly appreciated!
2019 Ram Big Horn Crew Cab 4x4
Located in NJ
Incentives bring the selling price down to 42,651
$439 per month with only 1st payment due at signing
Residual value: 26,589 (52%)
This is what I was just offered
This is with US Bank. Strong credit needed, no previous bankruptcy or problems in the past allowed.
MSRP $51735. Dealer invoice $48703.
My selling price $46395 - $7500 in rebates.
24 month lease with 10k miles allowed per year. All sales tax, fees and plates rolled in.
US Bank has a $695 Acquisition fee rolled in, Dealership Doc fee $495 rolled in.
$645 due at signing for first month and 23 remaining payments all in.
If it matters this has a 56% residual and a money factor of .002
I said that looks like a bad discount before rebates and he said it was a lot. Obviously I think he’s full of it but I really don’t know what I’m doing.
you can do better on the discount, you are in laramie territory at $450/month