Lease Rates on RHO

[rhinonow]

If you're able to get $10k plus off MSRP I can't imagine a lease being a good value proposition.

any insight as to why not? wouldn’t the lease be based on the 10k off price?

 

[RH0]

any insight as to why not? wouldn’t the lease be based on the 10k off price?

Just my guess. Feel free to research and report back

 

[rhinonow]

Just my guess. Feel free to research and report back

I guess some research will be done when my truck comes in. I’ll do whatever makes more sense moneywise

 

[Bluesteel1541]

I guess some research will be done when my truck comes in. I’ll do whatever makes more sense moneywise

When does your try

I guess some research will be done when my truck comes in. I’ll do whatever makes more sense moneywise

When is your truck scheduled to arrive??
let me know what you end up doing or finding out please!

 

[rhinonow]

When does your try

When is your truck scheduled to arrive??
let me know what you end up doing or finding out please!

hopefully next month! the tracker says march but the dealer said it’ll be quicker, who knows. i’ll report back once numbers are ran.

 

[Dusty19]

any insight as to why not? wouldn’t the lease be based on the 10k off price?

Not sure if the original comment on this was intended to imply that you DON’T get those discounts when leasing, but that is not the case.

Leased my 2025 Laramie, MSRP was $72k, I had over $12k off in discounts and rebates. Lowered my monthly lease payment substantially.

We leased for my wife and plan on buying the lease out end of term and doing a refi. on the residual. Total cost of ownership is equal or less than doing a traditional loan at 60/72 because the MF we got was insanely low (equal to 1.2% APR) and the residual was favorable while ALSO doing an insanely short term (3.5 year 5,000 mile). The reason we did such low terms is to lower monthly payment because we play on buying end of term so mileage does not matter if we go over the 5k a year.

We’re saving money up front on interest and enjoy the low payment, but will inevitably take the hit on the buyout with traditional financing APR through our CU at the end, but still works better for us than paying 5-6% interest over 60 months on an asset that will depreciate at roughly 33% in the first 3 years of ownership on a truck that really holds no value to a used market over time (not a TRX).

The catch on this as others have mentioned is that the manufacturer (Stellantis) HAS to be offering a good MF and residual on the truck to make sense. Otherwise you are leasing (renting) a truck at a similar rate to traditional financing, and are not able to capture any ownership or tax benefits on the vehicle. If the best lease deal on an RHO is $1,200/mo and the MF is = to 4-5% interest, I’d just finance. Unless of course as previous said you think the market is going to tank - then with leasing your residual is locked in and you can turn the lease over and walk away having just paid the depreciation on a truck that’s worth less at true market value than what the manufacturer is holding the bag for.

Give me an RHO with a MF rate around 0.0006 and decent residual and I might consider leasing.