Re: Lease or Buy an R/T??

From: Sam Parthemer (srp@home.com)
Date: Sun Jan 31 1999 - 19:37:18 EST


I leased one, and bought one. We leased the CC, in a 5 year
deal (to keep the payments down)... After two years we plan
on purchasing the truck, which will put the payments about $45
less per month for a 48 month purchase (with 2000 down).

If in 2 years we decide (gasp) that we don't want to keep the RT,
we will be able to easily sell it for more than the residual, and
actually put some $$$ back into our pockets.

My RC was purchased recently, cause I rack up the miles, and
will keep this truck for 4-5 years... so a purchase was the only
way to go for me.

If you lease, and put 20-25k a year on vehicles now, you can avoid
the $.15 penalty of mileage over the limit by purchasing them ahead
of time ... Adds a few $$$ to the monthly payment, but gives you a
higher mileage limit, and actually lowers the residual (if you plan on
purchasing at the end of the lease).

Sam '99 RT RC
         '99 RT CC
         '95 SLT CC (For sale, one interested buyer so far)

      -----Original Message-----
From: FastAss Dak <fastassdak@hotmail.com>
To: dakota-truck@buffnet.net <dakota-truck@buffnet.net>
Date: Sunday, January 31, 1999 4:27 PM
Subject: DML: Lease or Buy an R/T??

>Im just lookin for any advice, or any possible horror stories, i prefer
>to buy, but we came up with a 36 month lease for a beautiful red R/T CC
>at 300 a month(including tax license, blah blah), fully loaded except
>for power windows and doorlocks (but those are easy to install), the
>down was 4grand,I asked the salesman about ordering an R/T, first he
>said it takes 7 weeks then he pulls this " They may throw the invoice in
>the back and not build it for 3 months, and you may not see it for up to
>4 months"(i know its cause he wanted to sell the red one on the lot)
>maybe someone can throw me some hints, im gonna call www.anewdodge.com
>tomorrow and see what they can do... Any advice is well appreciated,
>Thanks
>
>btw, financing is about 325 a month with 7grand down on a 24,750 sticker
>
> Jack
>
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