Hi, I have a 2022 Ram Big Horn with 37,500 miles that is at lease end with residual of 32350. It’s a level 2 big horn and it’s been completely reliable. The only thing I wish it had was factory led headlights and passive entry. My Credit union is offering 4.9 percent for 60 months which after tax, I will be paying 670 for 5 years.
The other option I have is a 2026 Ram Laramie, level 2 with preferred package. This would be also 664 a month for a 36/15 lease. This would give me the big screen, a panoramic sunroof, led lights up front and in the bed, power running boards, air/heat leather seats, and passive entry.
While I really like the options presented in the Laramie, I am not sure what is the smartest option. Thoughts on what to do?
Your post history doesn’t include the rest of the details on current lease: MSRP, upfronts and payment - you have residual but not ACV (what would a buying service pay for this).
I wouldn’t own that truck 5 more years without an extended warranty, have you priced one?
rest of the numbers on the lease under consideration?
if your question is “similar payment on a new truck for 3 yr or on existing truck for 5 to own” - need more details
Have you talked with a RAM dealer to see how much they might give you in trade against the new RAM Laramie? With relatively low miles it looks like you might be just at the breakeven point. I am not sure if IL gives a sales tax break on trade-ins, but it might be worth exploring.
Will Granger lease out of state? I thought that was their thing where they will finance a deal to any state but you needed to be an Iowa resident to lease. I could be wrong on this, I recall looking into them in regards to a Ford at one point.
