FS: 2019 Ram Rebel - Cincinnati, OH - $574/mo

[RYRY0731]

Looking for someone to take over my current lease. 2019 Ram Rebel, 8,700 miles with almost every option available. $574.63/month - 27 months remaining. Original lease is with US Bank and is a 3 year lease - 30K miles.

Completely stock with exception of front side window tint to match the rear windows. No accidents. Nonsmoker. No pets. Attached photos.

Residual at the end of lease: $34,520.90

Any questions, let me know.

-Ryan

 

[moosem]

Yeah, good luck with that.

 

[edgarrian]

that looks like a bad deal. You are almost paying the MSRP if you took the deal. Thats probably one of the highest leases i have seen

 

[RYRY0731]

that looks like a bad deal. You are almost paying the MSRP if you took the deal. Thats probably one of the highest leases i have seen

How so??? $574/month @ 36 months = $20,664? Truck MSRP is $58,510

That's a 65% residual value which makes this one of the best leasing vehicles out there.

 

[SilverSurfer15]

So you didn’t have to put any money down? Just 574 a month?

I don’t really understand leasing, it’s rarely a better deal than buying (at the correct pricing). I mean it’s really a method for driving something you can’t afford to own, sort of like renting a house vs buying. Although that’s a little bit more complex.

I guess if you plan to get out of it inside a year then maybe it has more appeal, but typically if you just wait until the second manufacturing year comes out you can trade in for a decent value.

You would be looking at an easy 8k dollar hit realistically if you were trading this in now, potentially up to ~15k just depending. So if you unload this thing now, then the lease has saved you thousands I suppose.

 

[RYRY0731]

So you didn’t have to put any money down? Just 574 a month?

I don’t really understand leasing, it’s rarely a better deal than buying (at the correct pricing). I mean it’s really a method for driving something you can’t afford to own, sort of like renting a house vs buying. Although that’s a little bit more complex.

I guess if you plan to get out of it inside a year then maybe it has more appeal, but typically if you just wait until the second manufacturing year comes out you can trade in for a decent value.

You would be looking at an easy 8k dollar hit realistically if you were trading this in now, potentially up to ~15k just depending. So if you unload this thing now, then the lease has saved you thousands I suppose.

$0 down... for me, someone who wants to be in a new car every year or so, it makes a ton of sense. I have come to realization I will forever have a car payment so instead of financing at $800+ month and then to your point trade in the car after a year or so and lose out the a**, go the leasing option ($0 down + significant lower payments).

Have had sports cars all my life, decided to try the truck life and it's just not as exciting for me...

 

[SilverSurfer15]

 

[edgarrian]

$0 down... for me, someone who wants to be in a new car every year or so, it makes a ton of sense. I have come to realization I will forever have a car payment so instead of financing at $800+ month and then to your point trade in the car after a year or so and lose out the a**, go the leasing option ($0 down + significant lower payments).

Have had sports cars all my life, decided to try the truck life and it's just not as exciting for me...

Im from the other side of this. Ill have my truck payment for the next 10 months on my 2019 rebel and it will be paid off. I traded in my 2014 tundra for this truck. That truck only had 60k on it so my trade in was good. I have a 2007 Premium GT mustang. Bought that new and still have it. So im on the side that you can pay off your vehicle and drive it for many years to come with limited issues. My mustang is 12 years old and still looks new.

Id imagine you typically are paying 550 to 600 for a lease every month. So for instance my car is 12 years old. Monthly payment on 12 years for 144 months at 575 is 82,800. My car was 29k so there is plenty of value of pay off a vehicle and maintain it.

With all that said if you have a career that allows you to afford this comfort of leasing then cool. I understand that people lease so that they don't run out of warranty or just like being in something new all the time.

My grandpa would trade his truck every 3 years and never carried a payment.