Hello everyone,
I have a proposed deal with a truck dealership in GA for a 2020 demo RAM 4x4 Laramie , however I live in FL and there seem to be a few different line items on their deal work up sheet. Does anyone know about the variances between FL and GA with regard to leasing?
My truck is upside down due to mileage, approximately $6,500 - I have been able to shop around get some dealers to give me above market value almost splitting the negative equity to get me square at the end of the lease.
Below is the proposed deal - I know it’s more complicated since I have the trade in but I’ve been trying to work it out isolating each transaction.
MSRP: $57,680
Discount: $5,800
Rebate: $5,000
Adjusted Price: $46,880
PermaPlate (Not sure what this is): $595
Total Purchase: $47,475
Trade Allowance: $33,500 (based on various websites, 30K is average)
Taxable Fees (Est.): $1,024
Doc Fees: $699
Tax (Not sure why I’m taxed again): $491
Non-Tax Fees: $41
Net Price: $16,230
Trade Payoff: $36,666
Balance: $53,096
And they are telling me with $1250 cash down for a 36M/15K lease I’d be paying $711. I really don’t want to put any cash down but I really want to the payment to be around $650. Any help with this would be greatly appreciated.
I may have missed some critical information or if I posed this in the incorrect sub-forum please let me know.
Thanks guys for any input.