My current lease is coming to an end on my 2014 Silverado 1500 LTZ. I have been shopping around for a leftover 2016 and they are out of their minds when it comes to current offers on silverados.
Attached is one lease offer they gave me, I actually laughed at it. With no money down and not rolling anything into the next lease, essentialy starting fresh, they came back to me at 710 a month 15k a year for 36 months. I don’t understand how the lease is so bad with a residual value at almost 60%.
I just got an email from my local dodge dealership regarding a loaded 2016 Laramie for 556 a month with 15k miles a year. First month down. I will post the details later when I get over there this afternoon.
2016 Ram 1500 Eco Diesel Crew Cab 4X4
Call Now: (877) 232-4150
Lease for only $189/mo
w/$2999 for 24 mos.*
Zero down lease for $289/mo
for 36 mos.*
Available APR 0%
for 36 months available
Quirk Price $35,498
ORIG. MSRP $54,545
PACKAGE SAVINGS $3,000
REBATE $10,309
CHRYSLER FIN BONUS $500
QUIRK DISCOUNT $6,238 Save Up To
$19,547
319 per month for 24 months.
3000 Cash or trade down.
MSRP: $49,845
Lease Sale Price after rebates $41799.
Based on 10,000 miles per year or 20,000 miles over term of lease. Lease includes $1000 Conquest Lease Cash (must qualify). Residual value = $31900.80.
Total of payments = $7656.
Based on approval through Chrysler Capital. Tax, tags, title and dealer admin fee of $319 additional.
Good Thru Oct 3, 2016.
if you can get with that price that is great i guess. but they will tell only 1 with that price
Yes will keep eyes open. So far, in MA, RAM 1500 express is 150 to 220, big horn 230 to 270 laramie 300 to 350 rebel 330 to 350. Lets see if prices come down more. I pulled trigger on big horn at 290 with diesel engine and cold package. These are for the 36 months/10k miles, so it will be much higher for 12 or 15 k miles.
I have to see what they come back to me with today but as it stands I’m looking at this,
533.00 dollars down, 15k miles a year for 36 months
MSRP 53,200
Sale Price w/ fees 47,894
Price with available rebates 45,644
Residual Value of 29,260
Total Sales Tax 1,289
Brings me to 533.00 a month
They are trying to see if they can get a cheaper buyout from US Bank if I lease through them again. If they do I will have around 1k in equity going towards my new lease and bring be down to ~500 even.