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Leasing vs Purchasing a new truck...

Posted on 6/19/15 at 1:06 pm
Posted by finchmeister08
Member since Mar 2011
35799 posts
Posted on 6/19/15 at 1:06 pm
what are the pros vs cons of these 2 options. i currently drive a 2010 toyota tacoma dbl cab 4x4. i'm looking to upgrade to a full size pick up, but i'm not quite sure how i want to go about doing it.

also, i'm not sure what model i want to get. i test drove a sierra z71 dbl cab during lunch today, but it wasn't spacious enough in my opinion. it did have the center console between the 2 front seats that reach all the way to the dash. do you guys have any suggestions?
Posted by NeverToYield
Ever to conquer!
Member since May 2014
616 posts
Posted on 6/19/15 at 1:07 pm to
quote:

Leasing


quote:

what are the cons


it's dumb
Posted by tankyank13
NOLA
Member since Nov 2012
7723 posts
Posted on 6/19/15 at 1:11 pm to
Cost you more to operate vehicle

Most profitable for dealership

Equals

Bad deal for you
Posted by Napoleon
Kenna
Member since Dec 2007
69189 posts
Posted on 6/19/15 at 1:12 pm to
you are going to have a good amount of equity on that Tacoma.
With that trade in your purchase note shouldn't be too bad.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71496 posts
Posted on 6/19/15 at 1:12 pm to
Outside of some pretty specific situations, leasing is usually the lesser choice.
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
66467 posts
Posted on 6/19/15 at 1:12 pm to
if you're rich, lease it.

new car every 3 years, dont have to worry about selling your old one
Posted by KosmoCramer
Member since Dec 2007
76550 posts
Posted on 6/19/15 at 1:26 pm to
Are you still driving 120 miles a day?

If so, a lease will never be an option for you.
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