Is it cheaper to buy or lease a new truck? If you're thinking about getting into a Ram truck lease, this is an important question. Ewald Auto helps Milwaukee customers buy or lease Ram trucks through GM Financial. Let's explore if a Ram lease deal will be less expensive than buying the truck!
Should I lease a pickup truck?
Before we jump into the financial aspect, let's make sure that a Ram truck lease is right for you. Leasing a truck from our Ram dealership near you can be an excellent decision for certain customers. But not every customer will be well-suited to leasing.
Lease agreements include a mileage limit. If you exceed the mileage amount, you will need to pay per extra mile. Customers who drive more than 1,000 miles per month will likely wish to finance their truck through GM Financial instead.
Leased trucks need to be returned at the end of the term in their original agreement. If you're shopping for a work truck, or if you plan to modify your truck, a Ram 1500 lease might not be worth it.
Lease payments don't build equity. At the end of your lease term, you won't own the vehicle. If you want to build equity in your Ram, financing will be the best choice.
Is a lease cheaper than buying?
With new trucks in short supply and high demand, is it less expensive to lease or buy?
Monthly payments on a Ram truck lease will be cheaper than financing the same truck. Per Edmunds.com, the average cost of a monthly lease payment is nearly $200 cheaper than the average monthly auto loan payment.
All trucks will depreciate over time. When you lease from our Ram dealership near you, you won't lose money to depreciation. You can enjoy driving a brand new Ram 1500 lease during the first years of its life without taking a depreciation hit.
Your down payment won't need to be as large if you lease a Ram. When you apply for your GM Financial lease, placing a larger down payment can lower your monthly lease cost. Think of it as a fee to enjoy lower monthly lease payments. Since you aren't building equity, if the monthly price reduction isn't worth the large down payment, you can forgo putting down a huge amount.
The Ram lease deals at Ewald Auto can make leasing a truck even more affordable. Ask the sales team at our truck dealership near you about our current Ram lease specials!
If you have any more questions about Ram leases, Ewald Auto is ready to help. Stop by our Ram dealer today to learn more about the benefits of leasing your truck with GM Financial!
*Monthly Payment is calculated at 3.99% APR, 72 Month Term, 5.6% sales tax with 20% down on approved credit.
2024 Ram 3500 Tradesman 4WD 8-Speed Automatic 6.4L V8 This pricing does not include any additional market adjustments or add-ons. You may also qualify for additional incentives like military rebate or recent college graduate. We'll pay more for your trade! Ewald Automotive, we're minutes from... Read More
*Monthly Payment is calculated at 3.99% APR, 72 Month Term, 5.6% sales tax with 20% down on approved credit.
2024 Ram 2500 Tradesman 4WD 8-Speed Automatic 6.4L V8 This pricing does not include any additional market adjustments or add-ons. You may also qualify for additional incentives like military rebate or recent college graduate. We'll pay more for your trade! Ewald Automotive, we're minutes from... Read More
*Monthly Payment is calculated at 3.99% APR, 72 Month Term, 5.6% sales tax with 20% down on approved credit.
2024 Ram 2500 Tradesman 4WD 8-Speed Automatic 6.4L V8 This pricing does not include any additional market adjustments or add-ons. You may also qualify for additional incentives like military rebate or recent college graduate. We'll pay more for your trade! Ewald Automotive, we're minutes from... Read More
*Monthly Payment is calculated at 3.99% APR, 72 Month Term, 5.6% sales tax with 20% down on approved credit.
2024 Ram 2500 Tradesman 4WD 8-Speed Automatic 6.4L V8 This pricing does not include any additional market adjustments or add-ons. You may also qualify for additional incentives like military rebate or recent college graduate. We'll pay more for your trade! Ewald Automotive, we're minutes from... Read More
*Monthly Payment is calculated at 3.99% APR, 72 Month Term, 5.6% sales tax with 20% down on approved credit.
2025 Ram 1500 Big Horn/Lone Star 4WD 8-Speed Automatic 3.6L V6 24V VVT Price includes: $1000 - 2025 RAM National Retail Consumer Cash 39CS1. Exp. 06/03/2024 This pricing does not include any additional market adjustments or add-ons. This vehicle includes Ewald's exclusive 20 yr/ 200,000 mile Limited... Read More
*Monthly Payment is calculated at 3.99% APR, 72 Month Term, 5.6% sales tax with 20% down on approved credit.
2024 Ram 2500 Tradesman 4WD 8-Speed Automatic 6.4L V8 This pricing does not include any additional market adjustments or add-ons. You may also qualify for additional incentives like military rebate or recent college graduate. We'll pay more for your trade! Ewald Automotive, we're minutes from... Read More
*Monthly Payment is calculated at 3.99% APR, 72 Month Term, 5.6% sales tax with 20% down on approved credit.
2023 Ram 1500 Big Horn/Lone Star 4WD 8-Speed Automatic HEMI 5.7L V8 Multi Displacement VVT eTorque This pricing does not include any additional market adjustments or add-ons. This vehicle includes Ewald's exclusive 20 yr/ 200,000 mile Limited Powertrain Warranty. You may also qualify for additional... Read More
*Monthly Payment is calculated at 3.99% APR, 72 Month Term, 5.6% sales tax with 20% down on approved credit.
2024 Ram 2500 Tradesman 4WD 8-Speed Automatic 6.4L V8 Price includes: $2500 - 2024 JR Midwest BC Bonus Cash MWCRA. Exp. 06/03/2024 This pricing does not include any additional market adjustments or add-ons. You may also qualify for additional incentives like military rebate or recent college... Read More
*Monthly Payment is calculated at 3.99% APR, 72 Month Term, 5.6% sales tax with 20% down on approved credit.
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*Monthly Payment is calculated at 3.99% APR, 72 Month Term, 5.6% sales tax with 20% down on approved credit.
2024 Ram 3500 Tradesman 4WD 8-Speed Automatic 6.4L V8 This pricing does not include any additional market adjustments or add-ons. You may also qualify for additional incentives like military rebate or recent college graduate. We'll pay more for your trade! Ewald Automotive, we're minutes from... Read More
The list of standard equipment and accessories contained on this document reflect equipment which was standard at the time vehicle was manufactured. This vehicle may or may not contain some or most of the equipment and accessories listed as a result of the vehicle identification number equipment compilation provided by a third party source. This VIN equipment compilation is provided as a service by the dealer and a third party source and is in no way intended to serve as a warranty or list of actual equipment contained on the vehicle.
*Payments for all vehicles are calculated based on an average payment formula, and do not necessarily reflect the APR and / or term that may be available for an applicant.