leftover 2025 leasing

[guardrail]

made an offer on a leftover 2025 Gladiator Mojave X last week and salesman came back and said "we arent allowed to lease 2025's.

No mention of whether it was dealership policy, Stellantis or what. You'd think they'd move old inventory any way they can.

Any one else had this happen?

Sponsored

 

[DirkG]

The majority of residual value calculations for the 2025s rely on market return projections for 2028. Considering the 2027s are coming soon, many of the existing residual forecasts have become outdated.

It's also probably a challenge for the dealership to sell the 2025 because the factory-to-dealer incentives are more than likely targeted at 2026.

If it were me, I'd wait until the end of 3Q / beginning of 4Q when the 2027s start rolling in and the 2026 incentives are at their peak.

 

[Janster]

You wanted to lease a 2025? I've never heard of leases on used vehicles.

They probably don't want to deal with it, and I can't blame them. The logistics of a lease.... calculations, paperwork, legalities, time & effort and knowing they'll get that same vehicle back being 2+ years older. It's easier to sell the vehicle outright NOW while it's still young and fresh, still under warranty, and will clear out some inventory.

 

[guardrail]

It’s brand new, not used.

 

[DJK_Juicy]

Here's the way I understand it and why it would make sense.

When you lease a vehicle you are technically paying for the depreciation of the vehicle. You're paying for the difference between the sales price and what the car will be worth at the end of the lease. The residual value.

A 2025 that's been sitting on the lot for 12+ months has already depreciated quite a bit and the dealer would need to sell it outright to try to recoup the amount of money they've already lost. So they'll give you a reasonable deal on the sale, but they're not going to lease it to you because then they'd lose all of the amount of depreciation that's already happened.

Sponsored