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Discussion Starter #1
What kind of deposits did you guys put down on your Diesel order? I'm looking to put down at least $10K in cash plus whatever I get selling my current truck used/trade in...
 

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I only had to put down $1000 to order the truck. For financing they are asking for $7500-ish.
 

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Was $1000 required or did you put down more that amounted to $1000?
That was the required amount for them to order the truck. Not sure if that was a dealer thing or Ram thing but thats the deposit they asked for.
 

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Discussion Starter #7
whoops yea, I suppose I should of said Deposts/Down Payments. My dealer only wants $500 to process the order, but yea I was more curious about Down Payments, my mistake. Maybe a mod/admin could change the thread title??
 

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whoops yea, I suppose I should of said Deposts/Down Payments. My dealer only wants $500 to process the order, but yea I was more curious about Down Payments, my mistake. Maybe a mod/admin could change the thread title??
Ahhhh. I'll be putting down roughly $7500 to meet the financing requirement. I might put a little more down if I sell my current truck vs trade in. I'd like to keep my monthly payment around $500 or under.
 
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Discussion Starter #9
Ahhhh. I'll be putting down roughly $7500 to meet the financing requirement. I might put a little more down if I sell my current truck vs trade in. I'd like to keep my monthly payment around $500 or under.
good show! I was quoted at $380 over 96 at 4.29%. That was with $10K down, I kinda want to bring it back from 96 months or I'm going to get ruined on interest, depending on what I get for my FX4 from either private sale/trade it will get poured back into the down payment.

How many months is your financing over? $500 seems like a good target for a 3 or 4 year finance, might be something for me to consider... hmmm
 

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good show! I was quoted at $380 over 96 at 4.29%. That was with $10K down, I kinda want to bring it back from 96 months or I'm going to get ruined on interest, depending on what I get for my FX4 from either private sale/trade it will get poured back into the down payment.

How many months is your financing over? $500 seems like a good target for a 3 or 4 year finance, might be something for me to consider... hmmm
The longest they are offering here is 72 month, which is right about where I want to be. Interest rate was quoted at 4.2% but he thinks he can get me into the mid 3's if we finance outside of Chrysler. I made out a bit on the truck price. My company does stuff for Chrysler on some level, somewhere, so we get a percent off factory invoice, plus whatever we get for incentives. All in all, after incentives and downpayment I'm looking to finance $32-34k.
 

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So its sounding like generally the bare minimum down payment is $1,000. Is that correct? I was planning on putting down something closer to $4,500, so I should be fine. I can't decide about the financing term though. Longer with lower payments or shorter with higher payments. I just know if I opt for the longer term I'll be thinking, "this could be over," once it gets past the shorter finance term.
 

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So its sounding like generally the bare minimum down payment is $1,000. Is that correct? I was planning on putting down something closer to $4,500, so I should be fine. I can't decide about the financing term though. Longer with lower payments or shorter with higher payments. I just know if I opt for the longer term I'll be thinking, "this could be over," once it gets past the shorter finance term.
If you go for a longer loan period, just make sure there isn't an early payoff penalty. Then you can pay it off early. You can always throw a few extra bucks towards principal when your having a good month or come across some extra duckets.
 
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