SD Rebel
Spends too much time on here
I know forums are usually people having issues and looking for some help but I'm looking at buying a used 19 Laramie sport that is loaded like a limited minus airide. I drive about 50,000 miles a year all highway. I never buy new as they depreciate so fast. Currently driving a 17 Lexus GX460 that is just solid little suv. Smart money would keep it and drive the wheels off but I kind of need a truck plus just much more room in back for when taking customer out for dinner. I need to quit reading thru all these threads. UGH. I know there is a lot of good rams out there. I almost bought a 19 ford limited about same price but the ride and interior on the even laramie was much nicer.
Well, in a normal market, you can get up to 25% off the MSRP, especially during the 3rd quarter. My Rebel had a MSRP of $53,000, I got it for $39,000. Factor in lower interest rates on new vehicles, and there is a very good chance it's financially better to buy a new full size truck than a used one.
In no point during my purchase was I ever upside down on my loan, even though I put zero down and financed it all. However, this depends on having strong credit for low apr and getting the best incentives. But historically, it's been easy to get great deals on new trucks due to their artificially inflated MSRP and large incentives. This is a big factor for trucks having the best in the industry resale and low depreciation.
This market right now is different, as even used vehicles are overpriced right now and very low factory/dealer incentives on new vehicles. When my 2.5 year old truck is worth over $5,000 more than what I originally paid for it, that's not normal. But in a year or two, things should settle down.
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