Anyone done a LEASE yet?

[gbm]

Curious if and what anyone has received for lease offers on the 2019s.

I intended to lease a 2018 this past spring when I came across the 2019s. Even though I can get a far better price on a 2018, I just can’t shake the interiors of the 19s from my mind.

I’ve been holding out in hopes of better cap cost and residuals from FCA.

I received my first quote the last week of September.

Laramie w/ Sport Package
MSRP - $56505
Cap Cost - $49870
Tax, Title, Dealer Fees - $1200
Down Payment - $1300
Monthly - $694
Miles - 20k / year

There’s a forum on Edmunds that posts Chrysler Cap current Residuals and Money Factor by month and zip. When I cross referenced the numbers it appears the dealer is lowering the residual which raises the payment because when i calculated to CC #’s the payment came out much lower. Haven’t brought that up to dealer yet, not ready to fight that battle.

Just trying to gauge the offer with what anyone else has received or signed.

I’m looking for responses from folks familiar with leasing, not looking to hear about why you think leasing is a terrible idea

 

[TarHeelVeteran]

I just got a lease 2 weeks ago... US Bank... $597mo, 12k/year, $1000 down. Mine is just a Laramie with the Option II package. I looked at a Laramie Sport.. but wanted the upgrades. Only thing in the Sport package that I really want is the hood.. and I'll just order that separate for $750. I can grab the rest of the terms if you are interested in what I did.

 

[gbm]

Yes I’m definitely interested in the terms. I got another quote from a different dealer on a Big Horn w/ sport pkg, same terms but offer was $660 a month. At that point for $34 more a month I’m going with a Laramie lol. The only thing I care about in Sport Package is body colored bumpers. Without it is just too much chrome for me.

 

[gbm]

CT - Zip 06795

And yeah, I get the residual being lower for the miles. But for the payment to increase $190ish a month just seems extreme. I do 20 - 25k on all my leases and have never had one jump that much.

 

[Drewsky510]

I leased my Laramie w/ sport and off-road package 2 weeks ago for $525/month directly through the dealership...Ally Financial. MSRP was just under $55k. 36 month, 15k miles, $2k down.

I don’t remember the exact terms but I can pull the paperwork if you are interested as well.

(Sorry for the crappy pic, it was off dealer website and I haven’t put any pics of my truck on my iPad yet)

 

[gbm]

That's an extremely enticing deal.

What dealership were you able to land that at? I'm willing to go almost anywhere to get a good lease deal.

I use the recommendations from the guy at realcartips.com to help me calculate if a lease offer is good and your deal definitely fits his terms.

Here's his link in case anyone else might find it useful, it really helped me wrap my head around the confusion of leasing and made things real clear.
http://www.realcartips.com/leasing/0439-good-lease-deal.shtml

I've used his calculations for 3 leases now and have landed fantastic deals each time. I'm not sure why the 2 offers I've gotten on Ram are so far off.

This is the truck I can't get off my mind...
https://www.northwesthillschrysler.com/new/Ram/2019-Ram-1500-a6b73d530a0e0adf3d145ad47a92cdfd.htm

Only thing missing that I really wanted is ramboxes but I'm running out of patience waiting for a surplus of those to be available haha

With the difference in price between your 15k deal and my 20k offer, it'd be cheaper for me to take the 15k offer and pay the mile overage at lease end @ 0.25/mile.

 

[Mason1217]

Length of lease is important also. 24. Mo, 36, makes a difference. I've noticed no one has said the length of lease in any of these posts?

 

[gbm]

Valid point, mine were quoted using 36 months.

 

[Drewsky510]

Length of lease is important also. 24. Mo, 36, makes a difference. I've noticed no one has said the length of lease in any of these posts?

I put it in my post, 36 months at 15k miles / year.

I realized I left the paperwork in my office at work. I’ll check it tomorrow and pull the residual, money factor, Cap cost, etc.

I bought it from Platinum Chrysler, Dodge, Ram in Terrell, TX (it’s abour an hour outside of Dallas) and I drove there from Dallas to get a great deal!

 

[tpme06]

In NH I got the following for 36 months 12k miles/year:
Laramie 51k sticker, reduced to $45,595 w/ $1,250 to dealer so $44,245.
Adjusted cap cost of $44,307 (put 1k down, had 1k negative equity).
Rent charge $1,242
Monthly payments of $456.83

Pretty happy with the results. I know I had pricing of $426 locked in without the trade in, but ended up with the $1k negative equity bumping the price up by $30.

 

[LaRamie]

36 month/15k per year
Laramie sport 4x4 crew cab
$55.6k sticker reduced to $51,212
Adjusted cap cost $47,332 (4000 down, 1750 rebate, and 1200 from trade)
Rent charge $3114
Taxes and fees $2051
Monthly payment of $551

This is in ohio. First lease my wife and I have done.

 

[zer0]

The 20k miles will definitely mess with you. My wife and I only lease...it's turned into a bit of a sport every 36 months

As far as deals. The sticker on mine was like 64 or 65, fully loaded Limited except for 4x4, got it for $659 taxes in with 1,500 down, 12k miles/year, 36 month.

Not going to tell you it was a special program or anything, it was just going in there and playing ball with them until I got what I wanted.

 

[Bboyce536]

New here but i leased my 19 Laramie (msrp 53400) level 1 for 36 months 12k/ yr for 389 with 1500 out of pocket back in the first week of August. Feel like i could have done better but honestly got tired and were were close enough so went with it. Love the truck.

 

[TarHeelVeteran]

Oh, yeah.. guess I should mention dealer ate $8.5K in negative equity on a leased 2017 JKU with 48K miles.. no mileage penalty at trade in... I'll get the rest of the terms here in a few...

 

[alacombe]

There is a lease thread already started

 

[GBURNS]

I just leased mine for $360 12K/36 month. MSRP was $49,500, and I believe the paperwork said they took it down to $45K. Also with a down payment from a trade in of probably around 5K. I was able to lease this truck for cheaper than my car payment. Cant complain there!

 

[Ramjeep]

Oh, yeah.. guess I should mention dealer ate $8.5K in negative equity on a leased 2017 JKU with 48K miles.. no mileage penalty at trade in... I'll get the rest of the terms here in a few...

Hey ! I would like details on this I’m about 8k in negative equity in my 2018 JGC lease but I’m really interested in RAM I wanted a limited but was told they don’t lease well so now I’m looking at a rebel but the dealers in the DC area don’t wanna touch that negative equity.

 

[amr15]

I did a lease on a Laramie Sport 4x4.

MSRP was a little over 61k. 3yr/15k per year. Nothing down and only paid first month and doc fees. 660/mo. I'm in Michigan. I don't remember all the incentives included, but miles and payment were what mattered most to me.

 

[Bboyce536]

Hey ! I would like details on this I’m about 8k in negative equity in my 2018 JGC lease but I’m really interested in RAM I wanted a limited but was told they don’t lease well so now I’m looking at a rebel but the dealers in the DC area don’t wanna touch that negative equity.

My advice here would be to keep the Jeep for now. In this case your best bet may be to try to swap your lease and have someone take over your payments. Rebels also do not lease very well...most of the incentives are on the volume model big horns.

 

[sportrax90]

Leased my 2019 back in July before all the incentives. Big Horn crew cab 4x4 with the 5.7L V8, black appearance package, LED light package, level 2 equipment package, and 9 speaker with subwoofer package.

MSRP = $50,355
$1,500 Down
$0 doc/first month
12k/Year 36 months

$379/Month payment