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Leasing a pickup vs buying
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redoak
Posted 11/24/2022 06:02 (#9947258 - in reply to #9946849)
Subject: RE: Leasing a pickup vs buying


sw ontario
A lot of moving parts with a lease. The past few yrs. those leasing have been able to return & release with no mileage penalties,ect. as truck values just run up .If/when sales slows/mfg. catches up dealers may not be forgiving on lease returns.
Leasing is just another 'finance' program
If u drive low miles,its for getting groceries and soccer it probably works.
Using a lease for a farm truck u better be ready to buy it out at the end.
Problem I see is once you get into a lease for anything , the first lease is cheap with trade in ,next you pay full value and if u want to buy u have no trade in so u have to have cash.
On trucks , Ram still has employee discount, Ford SD pay full list price

On tractors/combines some that were leased 5 yrs. ago with a low buy out before big price spike might offer some good buy values.
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