Benefits of Leasing a Ram Truck with Chrysler Capital
Chrysler Capital, Ram's leasing company, offers customers a wide selection of unique benefits centered around the flexibility they offer. To eliminate some of the constrained feelings that leasing sometimes causes, Chrysler Capital offers customizable leasing options to meet the driving needs of customers. For example, you can select a 10,000, 12,000, or 15,000-mile yearly mileage limit, depending on your driving habits. However, Chrysler Capital also offers the ability to purchase additional mileage upfront at a discounted rate. Additionally, Chrysler Capital offers lease terms that last between 24 and 48 months and any specified amount of time between. So, if two years isn't enough time with your leased truck but three years is too many, we can help! Finally, if you want to upgrade your Ram truck with additional parts and accessories to make it more functional or representative of your style, we here at Chrysler of Culpeper have a list of approved parts and accessories for your Ram truck! When you come to see us at Chrysler of Culpeper, you tell us what your driving needs are, and we'll tailor a Ram truck lease for you!
What is Leasing?
One of the first things you'll be asked when you enter a dealership is if you plan on buying or leasing a new car. Buying refers to buying the car outright, typically through financing, which is the process of borrowing money from a financial institution and paying it back monthly for an agreed-upon amount of time. However, leasing is a bit different. Instead of borrowing money to purchase a vehicle, you're essentially renting it and paying for it monthly. While that is the primary difference between financing and leasing, another prominent difference is that with financing, you're paying for the total cost of the vehicle. Conversely, when you lease, you're only paying for the vehicle's value. This typically results in the requirement of little to no down payment along with lower monthly payments. Additionally, when you lease, the dealer wants to protect the vehicle, so guaranteed asset protection (commonly referred to as gap insurance) is automatically rolled into the lease's monthly payment. Finally, Ram leases come with a 36-month routine maintenance warranty, meaning that all routine maintenance services are taken care of at a certified Ram service center and covered by Chrysler Capital.
How to Decide Whether to Buy or Lease a New Truck
If you're interested in leasing but unsure if it's right for you, we're here to help at Chrysler of Culpeper. The very first thing you'll want to do is reset your current vehicle's trip odometer and drive as you normally would for one month. At the end of that month, take note of your trip odometer's reading and multiply it by 12. This will help give you an estimate of how many miles you drive each year. Next, you should look at your finances and determine how much you can afford as a down payment and how much you can afford monthly. While these payments are typically lower for leases when compared to financing, it's still important to know so you don't get in over your head when signing a lease agreement. Finally, determine which vehicle is correct for you. If you're looking for a Ram truck, you have three primary options; the Ram 1500, 2500, and 3500. Here on our website's Research Center, you can take a closer look at each of these models to determine which best fits your lifestyle and needs.
Ram Truck Leasing in Culpeper, VA
If you're in the Culpeper, Virginia, area and interested in leasing a new Ram truck, Chrysler of Culpeper is here to help. Start by researching the Ram models that we have in stock to determine which one is best for you. Then, visit us in-store to take a test drive and work with a knowledgeable financing expert to tailor a lease agreement to your needs. If you have any further questions regarding the lease of a Ram truck, use the contact sheet below this page to reach our sales team. We look forward to earning your business!