Couldn’t find a deal on a truck I wanted from a broker, so I did this myself. Found a dealer within an hour of me that was willing to be aggressive on a truck, far more aggressive than most dealers. Wanted a 5.7 with nice options, this had Trailer Tow, Advanced Safety, Bed Utility, Night Edition, Level B, digital cluster, 33 gallon fuel tank, and Class 4 hitch.
Originally I was going to put down $4k because I was using the numbers another broker was and wanted to compare the deals, this dealer was at $625/month with $4k DAS, but I opted to just do doc and reg fees DAS which was about $1k.
This is what I was comparing it to:
2024 Ram 1500 Laramie 4x4 - Level B V8
- $76k MSRP
- 42/10k Lease | Inceptions DAS (see calculator)
- Lease for $595 Per Month w/ Loyalty
- Lease for $619 Per Month (all qualify)*
So I beat that deal on a higher MSRP truck without loyalty, pretty happy with that.
Cost Breakdown:
- MSRP: $77,040
- Dealer Cost: $72,101
- Selling Price: $69,076
- Cap Cost: $67,324
Rebates/Discounts:
- $1750 lease cash
- $1000 TDM (private offer)
- Affiliate
Residual/Rates
- Term: 42 months
- Miles: 10k/yr
- MF: .00008 (CCap Tier 1)
- Residual: 53% ($40,831)
- Tax: 6% sales tax + 3% lease tax on monthly payment
- DAS: $1k
- Payment: $639.45 (base payment) + $57.55 (tax) = $697
Didn’t take a photo of the truck yet but here’s a photo from the dealer’s site: