What Is FCA Doing?

"Jesse Shaffer" (7esse)
08/31/2016 at 19:10 • Filed to: None

How is it that I can lease a well equipped 2016 4x4 quad cab !!!error: Indecipherable SUB-paragraph formatting!!! with a $6k higher MSRP and a perfectly adequate Pentastar V6 (inconsequentially much more adequate than my current Ram’s V8,) for $35 less per month compared to a five cylinder !!!error: Indecipherable SUB-paragraph formatting!!! W.T., aka Chevy’s “without things” trim level, and with over $1k less due at signing?

!!!error: Indecipherable SUB-paragraph formatting!!!

Lease a 2016 RAM 1500 EXPRESS QUAD CAB® 4X4 6'4" BOX for$169/Per month
24 months$1,999 total due at signing,
no security deposit required. !!!error: Indecipherable SUB-paragraph formatting!!!

Featured Deal on a 2016 Colorado WT 4WD in your area

Lease estimate $204per month
for 24 months

Ultra-Low-Mileage Lease for Well-Qualified Lessees. $3,048 due at signing (after all offers). No security deposit required. Mileage charge of $0.25 per mile over 20,000 miles. Lease Details.

This is surely some fiscal trickery, but how?

DISCUSSION (10)

CB > Jesse Shaffer
08/31/2016 at 19:14

Leases just cover depreciation. I guess Rams depreciate less that Colorados. It also depends on what the lease rate is, because maybe the Ram has a better rate on it?

Jesse Shaffer > CB
08/31/2016 at 19:15

Ah, interesting. That’s a cool bit of info.

CB > Jesse Shaffer
08/31/2016 at 19:17

I edited the comment to also mention rates. If two trucks cost the same and one has a 0.99% percent rate versus another having a 3.49% rate, it can also make a huge difference in your payments.

Nibby > Jesse Shaffer
08/31/2016 at 19:35

I leased my 2015 Ram 1500 and the monthly payments are under $300 a month for a $41k sticker truck and I paid zero down. Some trucks just lease better than others

LongbowMkII > Jesse Shaffer
08/31/2016 at 19:41

FCA has made their money on this generation. Been around the while. They’ve paid off the development costs. So they're more willing to adjust prices to sustain volume where the Colorado doesn't need any adjustments to push volume right now.

shop-teacher > Jesse Shaffer
08/31/2016 at 19:43

It could be that they hold their value as a percentage better than the Colorado, but the Colorado is selling very well, which keeps used prices high, so that’s probably not why. More likely is FCA is subsidizing the lease to help move units.

BugEyedBimmer - back in the Saddle Dakota Leather > Jesse Shaffer
08/31/2016 at 19:48

Did you check other trim levels out too? It sounds counter intuitive but if Chevy is expecting a weak aftermarket for the WT spec cars, then that could put a serious crimp in the residual for that trim.

Audistein > Jesse Shaffer
08/31/2016 at 20:15

I found out a couple months ago that I could lease a Maserati Quattroporte for less than a Volvo XC90 Inscription. That was pretty funny.

BrianGriffin thinks “reliable” is just a state of mind > Jesse Shaffer
08/31/2016 at 22:01

Full sizes in general lease well. Friend of mine has a 16 Silverado 1500 that he's leasing for $250/mth, $0 down.

Jesse Shaffer > BrianGriffin thinks “reliable” is just a state of mind
08/31/2016 at 22:15

Say what you want about Ford sales, but the GM’s are usually the way to go if you’re savvy enough to stay away from certain component suppliers.