Sharing my latest used balloon loan deal. This replaces my Ford Lightning XLT. I found this unit using visor.vin, I just went down the leaderboard, for my make/model/trim, until I found the best fit. This unit was #4 best priced in the nation and below the adjusted MMR.
Compared to a new unit, I had Mark D/J/R quote a lease on a leftover 2025 Laramie, at a 12% dd, and it was over $700/mo. Compared to Ford, a F-150 XLT lease is about $150/mo more, yet the Laramie is equipped better. Other options I considered- A used Ram 1500 Classic would have been cheaper, but no. A used Ram 2500 Bighorn would be about the same, but I found it too big during a test drive.
Vehicle:
Used 2025 Ram 1500 4WD Crew Cab Laramie (Certified Pre-Owned)
Miles at purchase: 10,050
Options: Hurricane 6C, diamond black paint, sport + level 1 package, spray-in bedliner, all weather mats.
Original MSRP: $68,510
Purchase price: $44,900
MMR: $45,100 (for reference)
Fees: $422
Program:
Estimated Retail Value: $69,410.00
Amount financed: $45,322.00
Residual Value: $36,510 (estimated)
36mo, 7500 miles per year, 5.59% APR
$0 DAS $449/mo
(I had a trade-in which wiped out my tax obligation and transferred registration)
When I arrived for delivery, I was surprised to learn it was a CPO. This was not advertised, nor did it appear on the carfax, but the dealer provided me all the proper documentation. It has bumper to bumper coverage for 25 of the 36 months and drivetrain warranty to 7yr/100k miles. Historically, these have held value well, when they had the Hemi. Not sure if I will keep to term, and return, or try to exit early. Keeping my options open, given the market response to the Hurricane. Here is a rough LH calculator.
More on balloon loans here.
