DEAL CHECK: 2020 RAM 1500 Laramie

Hey guys! Is this a good deal for me?
Let me know what you guys think!

MSRP/Retail $63,465.00
Selling Price $55,272.00
Rebate $4,000.00
Government Fee $907.50
Proc/Doc Fee $150.00
MARKETING FEE $0.00
GLBA FEE $0.00
LIFETIME WARRANTY $0.00
GAS $0.00
BRAKE PLUS $399.00
Gross Cap Cost $57,623.51
Cap Cost Reduction $3,063.24
Adjusted Cap Cost $54,560.27

0 down
36mo @ 0.00023
$624/Mo

1 Like

That is an expensive Ram to lease.
A sweeter spot would be a Big Horn 4x4 Crew with MSRP of about $51,750.
Think about it, you have to depreciate off about $12,000 in options.

Bear

How many miles is this for? Residual value ?

12000/3 yr.
I am guessing the residual value is mid 50s?

hey thanks for your opinion…
but i heard the Laramie has better residual value than big horn…
maybe not true?

Let me add one more info nugget; the rebates seem to be much higher on the B/H than the higher trims multiplying the value one gets leasing/buying a B/H.

Bear

Why don’t you ask on Edmunds forums instead of “I heard…”?

1 Like

Residual seems to vary depending on motor so that’ll make a difference of ~2%

Also, depends on taxes where you’re at. I’d fill in a calculator and attach so they can see the numbers broken out. 12.9% prior to incentives high level looks like payments should be lower than this. Is something else getting added into that gross cap cost ?