Recent 2021 Lease Pricing - Anyone lease a Big Horn Recently?

[Maconi]

Are lease rates really that high?

I bought a new fully-loaded 2019 Limited for around $55k (MSRP $70k). After 5 years I figure I can get around $35k for it if I'm lucky (does that sound reasonable)? So that means if I wanted to hop right back into another fully loaded 2024 Limited for around $55k (MSRP $70k, although I'm sure prices will inflate) and it would cost me $20k after selling my previous truck.

That's $20k every 5 years with that pattern, or $4k a year, or around $340 a month. Even if we push that up to like $400 a month, that's still cheaper than the leases being mentioned.

Am I doing the math wrong or are leases just way more expensive?

 

[techno96]

Looks like I'm going to be $450/mo with $1,500 total due at signing (not money down) with my NY taxes @ 8.625% rolled into the payment for a 50k bighorn night edition with level 2 equipment and premium lighting. It's the best discount I've been able to negotiate thus far. This is for a 2021.

 

[Butter85]

Looks like I'm going to be $450/mo with $1,500 total due at signing (not money down) with my NY taxes @ 8.625% rolled into the payment for a 50k bighorn night edition with level 2 equipment and premium lighting. It's the best discount I've been able to negotiate thus far. This is for a 2021.

What dealer was this at? Also in NY, and that’s the best lease terms I’ve seen so far. Shopping around for a similarly equipped Big Horn.

 

[techno96]

What dealer was this at? Also in NY, and that’s the best lease terms I’ve seen so far. Shopping around for a similarly equipped Big Horn.

They have another few Night Edition Big Horn's around the same price. PM me and I'll hook you up with them. They're even delivering it to me for free.

 

[moparleo51]

question, what is a fair lease price fora 2020 limited for 36months and 10000 miles , with little to no money down? i have been given all kind of high numbers just want to see if it in the ball park. thanks

 

[Lake Ram]

I don't know how you guys are able to stay under 10k miles per year. When you go over and get charged 20 cents per mile the overall cost of leasing skyrockets. Just driving on weekends and not using as a daily driver it still would be tough.

 

[techno96]

I don't know how you guys are able to stay under 10k miles per year. When you go over and get charged 20 cents per mile the overall cost of leasing skyrockets. Just driving on weekends and not using as a daily driver it still would be tough.

I suspect I'm going to save a ton of miles just due to COVID to begin with. I don't really commute as much. If I was commuting maybe I would get 12k. but If I save an extra few thousand in the first year then I'm good for the next two.

 

[Mr. Hindsight]

I don't know how you guys are able to stay under 10k miles per year. When you go over and get charged 20 cents per mile the overall cost of leasing skyrockets. Just driving on weekends and not using as a daily driver it still would be tough.

I only drive about 4,500 miles a year now. My commute used to be about 13k a year and I would do a 15k mile lease but since switching jobs about 6 years ago it’s greatly reduced. So 10k a year is plenty and I don’t travel really.

 

[Giogranda85]

I was just quoted this today for 7500 miles. Seems insanely high to me considering the money down...

 

[User_3336]

that is NOT even close to a good deal. RUN AWAY from that dealer! LOL

 

[Giogranda85]

I’m border line insulted... these sales guys are clowns

 

[techno96]

I’m border line insulted... these sales guys are clowns

Where are you located? I might be able to set you up with someone for a better deal.

 

[User_3336]

I’m border line insulted... these sales guys are c

You can easily go into the LEASEHAKR calculator and key in all the variables, and you can see if the dealer is screwing you or not.

You would need to know the residual value percentage.
The money factor (for example .0001, etc)
The agreed up on negotiated price of the vehicle.
Any Lease rebates included (shows 5,000 in the calculation)
Required money down (if any . . .) Some have ZERO drive-out costs.

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