Lease end of ram 1500 in few mo - return, maybe sell?

[jkeel9]

I am looking to return the Ram 1500 with a lease expiring in a few months.
Residual is $32600, has 30k miles. It had a minor accident.

Do you see any equity in it? A few hundred probably won’t be worth the time.

Thanks!

[thevolvoguy]

accident on the carfax? Naw pass

[themachine]

We’re not going to buy your truck so our opinion doesn’t matter. Get quotes from Carmax, Carvana, and Driveway and that will tell you if you have equity.

[forbs]

Just google 2021 Ram Big Horn, if anything like in CA, then there is no equity
If the accident is on CarFax , Subtract $5000 I would think.

[HHH_SHAH]

How minor is the accident? If only the bumper damage then it won’t affect much

[jkeel9]

Yes, a minor accident

CarMax sent offer only 5% lower then the residual

Now I’m thinking that maybe it’s a good idea to keep it for a few years. Or maybe Chrysler can extend the lease, they said there is an option

[purz]

you can extend for 6 months

[harrydogyo]

Probably best to extend then hand the keys back. And keep your eyes out for a better deal to roll into. What is your monthly right now?

[jkeel9]

500$
And we just got Ioniq 5, which everybody now prefers over truck

[harrydogyo]

Looks like you can order with @AutoCompanion for a payment under $500 on a new one.