I'm not sure how the leasing system works in the US, but I purchased my
first dak, and leased both the 2nd and 3rd. The first one was a true lemon
and spent most of it's life in the shop. I regretted buying it about one
month after I got it.
Leasing in Canada with Chrysler allows you 3 choices. 1. After 3 years you
can simply turn it in and walk away. 2. You can trade it in on another
lease or purchase and use any equity you have built to put against the next
lease or purchase. 3. You can buy it for the agreed value on the original
lease.
Had my '95 not been wrecked, I could have purchased it for $9000 Canadian.
However, I had kept it in such good condition and low mileage, Insurance
paid $15,500 Canadian for it. Had I been able to trade it in on the next
lease, I would have had $6,500 in equity on a 3 year old truck.
At least this way, I have 3 years to make up my mind whether or not to keep
the truck. I have also found that I can't do any mods, but I kind of like
getting a new truck every few years. I'm never driving one that's not under
warranty and I get the new goodies all the time.
I guess you have to make up your mind which way suits your needs and go from
there.
Good Luck,
Norah
current: '98 Dakota Sport black 4x4 CC V8/5.2L/Auto
current: '95 Dakota Sport white 4x4 Reg Cab V6/3.9L/5spd
RIP: '95 Dakota Sport black 4x2 CC V6/3.9L/Auto
previous: '93 Dakota blue 4x2 CC V6/3.9L/Auto
> -----Original Message-----
> From: owner-dakota-truck@buffnet4.buffnet.net
> [mailto:owner-dakota-truck@buffnet4.buffnet.net]On Behalf Of FastAss Dak
> Sent: Sunday, January 31, 1999 7:24 PM
> To: dakota-truck@buffnet.net
> 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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