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  #1  
Old 06-09-2014, 07:39 PM
ktulu990 ktulu990 is offline
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Default 2014 Ram 1500 Laramie Lease Deal Question

Hi guys,

I'm new here and I'm thinking about getting a RAM and I wanted to get your opinions. I'm located in central NJ (7% tax).

2014 Ram 1500 Laramie 4x4 15k miles/year 36 month lease only first month out of pocket

MSRP: $51705
Sales Price: $47796 (Excluding rebates)
Rebates: $6500
Money Factor: .00175 (4.2%) (Through US Bank)
Residual: 47%
Payment including taxes and fees: $630

I was hoping to get to $500 a month. Do you think there is any room in this deal to get there?

Thanks,
Matt
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Old 06-15-2014, 09:36 PM
BigT BigT is offline
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Default

Quote:
Originally Posted by ktulu990 View Post
Hi guys,

I'm new here and I'm thinking about getting a RAM and I wanted to get your opinions. I'm located in central NJ (7% tax).

2014 Ram 1500 Laramie 4x4 15k miles/year 36 month lease only first month out of pocket

MSRP: $51705
Sales Price: $47796 (Excluding rebates)
Rebates: $6500
Money Factor: .00175 (4.2%) (Through US Bank)
Residual: 47%
Payment including taxes and fees: $630

I was hoping to get to $500 a month. Do you think there is any room in this deal to get there?

Thanks,
Matt
How are you coming up with the $6500 rebate number? Seems high on a Laramie.
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  #3  
Old 06-20-2014, 09:01 AM
canesice canesice is offline
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Join Date: May 2014
Location: NC
Age: 43
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Vehicle: 2014 Ram 1500
Trim Level: Laramie
Color: Deep Cherry Red
Engine: 2013-20?? 345ci (5.7L) Hemi V8 395hp 410lb/ft
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Default

Quote:
Originally Posted by ktulu990 View Post
Hi guys,

I'm new here and I'm thinking about getting a RAM and I wanted to get your opinions. I'm located in central NJ (7% tax).

2014 Ram 1500 Laramie 4x4 15k miles/year 36 month lease only first month out of pocket

MSRP: $51705
Sales Price: $47796 (Excluding rebates)
Rebates: $6500
Money Factor: .00175 (4.2%) (Through US Bank)
Residual: 47%
Payment including taxes and fees: $630

I was hoping to get to $500 a month. Do you think there is any room in this deal to get there?

Thanks,
Matt
late to the show.. but..

Two items:
1) the residual is super low. I got 54%. That is what is killing your payment
2) the rebates seem really really high. Right now the only national rebate I found is $500
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  #4  
Old 06-22-2014, 09:49 PM
ktulu990 ktulu990 is offline
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Default

I went to Freehold Ram here in NJ and they are offering $7500 in rebates on the Laramie. $5500 + $1000 (competitive lease) + $1000 (Ram Bucks). Its a great deal but I can't find a truck with the options I want.
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  #5  
Old 06-22-2014, 09:53 PM
ktulu990 ktulu990 is offline
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Default

The rebates are high because I am would be using US Bank which has higher rebates then the $3000 that Chrysler Finance was offering. US Bank also offers less residual value.
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