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If you’re in the market for a new truck, you might be wondering how much it costs to lease a Ford Ranger. Leasing can be a great option for those who want a new vehicle without committing to a long-term purchase. In this article, we’ll explore the costs associated with leasing a Ford Ranger.
What is a Ford Ranger?
The Ford Ranger is a midsize pickup truck that has been in production since 1983. It’s known for its ruggedness and versatility, making it a popular choice for those who need a truck for work or play. The current model year is the 2021 Ford Ranger, which comes in several different trim levels.
How Much Does It Cost to Lease a Ford Ranger?
The cost of leasing a Ford Ranger will depend on several factors, including the trim level you choose, your credit score, and the length of the lease. As of this writing, the base model Ford Ranger XL starts at around $269 per month for a 36-month lease with $2,999 due at signing.
What Other Costs Should You Consider?
When you lease a Ford Ranger, there are other costs you should consider besides the monthly payment. You’ll be responsible for any excess mileage or wear and tear on the vehicle at the end of the lease. You may also be required to pay a disposition fee when you return the vehicle.
Can You Negotiate the Lease Price?
Yes, you can negotiate the lease price of a Ford Ranger just like you would when buying a car. It’s always a good idea to do your research ahead of time to know what a fair price is for the vehicle you want. You can also try to negotiate other terms of the lease, such as the length of the lease or the amount due at signing.
What Are the Benefits of Leasing a Ford Ranger?
Leasing a Ford Ranger has several benefits. First, you’ll have a lower monthly payment compared to buying the vehicle outright. You’ll also be able to drive a new vehicle every few years, which means you’ll always have access to the latest technology and features. Finally, you won’t have to worry about selling the vehicle when you’re ready for a new one.
What Are the Downsides of Leasing a Ford Ranger?
While leasing a Ford Ranger has its benefits, there are also some downsides to consider. First, you’ll never own the vehicle, which means you’ll always have a monthly payment as long as you’re leasing. You’ll also be limited in how much you can customize the vehicle, as any modifications will need to be removed before returning it at the end of the lease. Finally, if you drive a lot or tend to be hard on your vehicles, you may end up paying more in excess mileage or wear and tear fees.
Overall, leasing a Ford Ranger can be a great option for those who want a new truck without committing to a long-term purchase. Just be sure to consider all the costs and benefits before making your decision.
