Hi Leasehackr’s! I am newbie leasehackr looking for a little guidance. Please go easy on me as I’m still green. Any help with how to work a new RAM deal would be greatly appreciated. Thank you for all the help! I owe all that reply a cold one Sorry for the long description.
Here is my GOAL: 42-48 month Lease on a 2020 Ram 1500 4x4 Big Horn (upgraded) or Laramie. $1500 down 10,000 miles a year. I want to be in the low 400’s with everything out the door included tax etc. Is that going to be hard to do or possible?
Has to be 4x4, White/Dark Gray, Crew Cab, Color Matches bumpers (open to chrome but don’t like), a midsize or large screen. The RAM’s I’ve liked online typically have an advertised net price of around $45,000 - $53,000 after you factor in all the incentives.
I just went into my local dealership where I got my current lease a Durango 2018 RT RWD. I thought I got a pretty good lease deal. I wasn’t impressed with what they were willing to offer on the RAM. I didn’t even haggle with the guy like I did my Durango. I just wanted to sit in it fart and a test drive it and didn’t want to be there too long.
How much can they really flex on these deals this month APRIL 2020? Some online are saying inventory is tight because of Coronavirus and manufacturing that has stopped.
The local dealership says they will take my car and I won’t have to pay any more payments. I think I have a bit of lease equity but don’t really want to deal with trying to sell it privately unless I’d make 2,500-4K.
Here is the RAM 1500 I looked at today that I like. I am just starting my process:
Big Horn Ram 1500 4x4 Crew Cab 5.7
VIN: 1C6-SRFFT9LN-108487
$49,220 MSRP
MONEY FACTOR: 0.001000
Residual: $24,610
= $550/month everything out the door 10,000 miles/year.
How crap of a deal is this?
Current lease I have 9 months left on my current lease which has 21,500 miles right now. Was a 10,000/year lease. I put down $1000 bucks and they took over 1 payment on my Audi a6 if $550. MSRP was $49,325 and some change ( included the sticker VIN 1C4-SDHCT9JC-228631. I pay $515/month currently on my lease with everything out the door. Was this a decent deal? I am happy that they will just take the car and I am not stuck with 6-9 more monthly payments but I am not paying $550 a month for a cloth RAM.