Trade in/Up ? Your thoughts....

[DirkG]

Sounds like you should just lease with no money down. You'll have a new Gladiator every 3 years and not have to be in this dilemma ever again

Inflation and interest rates along with an uncertain auto market have the money factors crazy high right now.

Residuals for 2020-2022 Sport S's (using an example model) after 36 months sat around $35K - $39K. Banks are hard pressed selling a lease-return 2020 Sport S with 36K miles for $40K. You can buy a new 2023 for cheaper.

I've been leasing (when the market is right) for 30 years and I can definitely tell you the market isn't right. Especially with Gladiators. The lease rates are ridiculous.

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