I have ~6 months left on my CCAP lease. RV is way higher than market value on the Jeep GC 4xE. All I want to do is turn it in early, pay the remaining payments and dispo fee, and lease one of several heavily discounted Ram 1500 Limiteds sitting around.
I called CCAP, they were utterly useless, telling me nothing except to call the originating dealer.
I called the originating dealer with a couple Ram stock numbers in mind and explain the situation, and it seems like they are just treating as a trade, and don’t want to actually sell their lot rot Rams - offering a $1380/mo payment on one they have priced at $62K
Is what I’m trying to do possible or do I just need to keep it through the lease term? I don’t have extra garage or driveway space and don’t want to carry insurance for something sitting.
Lastly, please share any dealerships around Texas willing to play ball on Rams.
First off, ram limited’s do not lease well despite the hefty discounts. To get a decent lease deal it would have to be on a Laramie or big horn.
But as for the main issue at hand, you would just have to be very upfront with your dealer that you have x number of payments left at x price, and that you want to just pay that up front and turn in your lease. For some reason they always just default to treating it as a trade in/buy out. But in your case it seems like just paying the remaining payments plus dispo fee would be cheaper than eating the negative equity.
To be clear though, what you are doing is not smart. You should just keep your lease to the end of its term- you’re going to pay for it either way. And in 6 months Rams will likely have the same deals so you’re not missing out on anything.
Agreed, I know that is usually the case. However, they had a few $82K MSRP marked down 25% before rebates, so it was coming out within $30/mo vs Laramies that didn’t have air suspension and a few other Limited Level 1 features. (Very few Laramies left around me with air suspension)
