Lease on Regular Cab Short bed

[tozyp]

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Tom Padula <[email protected]>​	Sat, Sep 17, 11:04 AM (20 hours ago)
to me

Hello Everyone,
I ordered a 2022 Ram Classic Short Bed Regular cab which is due to come in next week. It was built in Mexico and shipped by boat to Davisville, Rhode island.
I plan on Leasing it for 3 years. The dealer went over the terms and also will apply 2700.00 in rebates when it arrives. The dealer told me the payment is going to be a little over 800.00 a month with a 1000.00 down which I had to do to order it. This is based on a 36 month Lease with 12,000 miles a year. MSRP is $47,640. My last truck I also leased it new, a 2012 Ram Classic Short Bed Regular cab basically the same truck was $437 per month. That truck's MSRP was 36,685.
He said regular cab trucks never have good lease deals.
Just wondering what anyone else has experienced with their Regular cab short bed lease? Does this sound on par with current leasing programs for Regular cab Short beds?
I know 4 door trucks are not the same with their leasing program.

ReplyForward

 

[tron67j]

Your lease is based in residual value at end of term. You should normally negotiate the vehicle price just like you are buying it to get your cost basis down. But in today's market, good luck with that especially ordering it and since you already did, was that done?

Anyway, assume full cost at 8% interest with no money down and 6% sales tax, your monthly cost is $806.
You need to go back and negotiate or walk away if you aren't on the hook. That will get them to the negotiation table.

 

[jws123]

I would tell them to keep it that's insane for a single cab they are generally worth less in the end tho resale wise.

 

[OutlawHemi22]

Fuuuucccckkkk that. I don’t pay anywhere near that for my 22 Limited I just bought, not leased.

 

[PoMansRam]

The deals are all on 5th gens these days for what ever reason. The only decent things going for classics is 0% for 72 months.

You're basically not going to touch any classic 4x4, even V6 powered for less than ~$43K.

I've tried the past week or so. Very frustrating.

Unless you have a sweet credit union, interest rates are pushing 5% even with an 800 credit score.

 

[Jeepwalker]

Weren't the lease terms disclosed when you entered into the agreement?

 

[socalexpeditions]

Should be in terms of agreement