Leasing an older "new" model year?

Ask the Hackrs
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1

Hi all

Looking at inventory at local dealers for 2024 Rams 1500s. One dealer near me has a few “new” 2023 rams on their lot still. Seems kind of odd to have had a 2023 sitting on the lot this long? It’s not some weird build or anything - black Laramie with the usual packages. It seems like the warranty would run from when you purchase the vehicle.

Is there something I am overlooking here?

edit: and right as I hit enter I realized incentives like loyalty aren’t going to apply to prior MY vehicle.

2

There may no longer be lease support for 2023 vehicles.

if the car is new, the warranty runs from the date of sale.

3

Right, I guess that would be a big issue. Didn’t think of that either. Thank you.

4

Not odd, Benz still have plenty 2023 model on the lot and they still have lease support.

5

It’s not at all odd to have a 2023 left in May 2024. There are still 2022s out there, brand new.

6

Makes sense. I am calling to find out about lease support for '23 models.

Looks like the 2% affinity should still apply but any loyalty/lease cash would only be on 2025s (not sure if you know these specifics, just putting it out there vs starting a new thread)

7

Haha I think they’ll even lease out a 2022 model year SL.

1 Like
8

I don’t know how 22 SL lease support is still alive.

9

Search for RateFindr on the forum

10

So, there is still lease support for '23 but the residual seems to take a big hit vs a 2025, plus lack of incentives, so doesn’t seem like a great target. Was thinking they’d be motivated to get it off the lot.