NEED HELP on truck price

[Timelax]

I am looking at a 2020 Ram rebel Quad Cab 4X4 monotone red paint with red/black interior. the only packaged added is the engine which is the 5.7 ecoboost. asking price is $48,330. After all the negations we settled at $540 for 84 months no interest. That equates to $45,360. Is this a good deal?
Thank you so much for the help.

 

[Timelax]

I am looking at a 2020 Ram rebel Quad 4X4 Cab monotone red paint with red/black interior. the only packaged added is the engine which is the 5.7 ecoboost. asking price is $48,330. After all the negations we settled at $540 for 84 months no interest. That equates to $45,360. Is this a good deal?
Thank you so much for the help.

 

[tidefan1967]

I am looking at a 2020 Ram rebel Quad 4X4 Cab monotone red paint with red/black interior. the only packaged added is the engine which is the 5.7 ecoboost. asking price is $48,330. After all the negations we settled at $540 for 84 months no interest. That equates to $45,360. Is this a good deal?
Thank you so much for the help.

You meant 5.7 with ETorque I take it? What was the actual price of the truck before tag, taxes, warranty, other dealer BS add ons, etc? Seems like you could do a lot better. My local dealer is offering 20% of MSRP on all new RAM 1500's. I would hold out for more personally.

 

[likes2build]

Iirc with 0% you lose most if not all of the incentives/rebates. Work your numbers both ways using 0% and a low % rate like that from a credit union. The otd $ is what you need to know more than the monthly payment.

 

[KeithP]

I am looking at a 2020 Ram rebel Quad Cab 4X4 monotone red paint with red/black interior. the only packaged added is the engine which is the 5.7 ecoboost. asking price is $48,330. After all the negations we settled at $540 for 84 months no interest. That equates to $45,360. Is this a good deal?
Thank you so much for the help.

You left out a couple of key factors; trade allowance, and or, how much cash down payment?

 

[JohnnyMac]

Is the truck advertised online? If so, can you share the link. Promise I won't try to buy it out from under you....