Leasing is good imo
Thread Starter
Junior Member
Joined: Aug 2009
Posts: 14
Likes: 1
From: north of Grand Rapids Mich
Ok 999 times out of a thousand with my new truck
Chevy? 900 out of a thousand
dodge ram? somewhere in the middle
Thread Starter
Junior Member
Joined: Aug 2009
Posts: 14
Likes: 1
From: north of Grand Rapids Mich
Thread Starter
Junior Member
Joined: Aug 2009
Posts: 14
Likes: 1
From: north of Grand Rapids Mich
300k miles
I can't say that.
You mean you have never had a dead battery? Flat tire? Rusted brake line? Alternator dead? Heater core leak? Oh, and finally, a coil on my 2010 f150
I have had all these in the past 8 years. If what you are saying is true, I can't relate. I drive about 20k miles per year, in Michigan storms including the Upper Peninsula.
I think I am beginning to see a trend here, I have terrible luck lol
Senior Member
Joined: Dec 2014
Posts: 1,653
Likes: 291
From: Georgia
I can't say that. You mean you have never had a dead battery? Flat tire? Rusted brake line? Alternator dead? Heater core leak? Oh, and finally, a coil on my 2010 f150 I have had all these in the past 8 years. If what you are saying is true, I can't relate. I drive about 20k miles per year, in Michigan storms including the Upper Peninsula. I think I am beginning to see a trend here, I have terrible luck lol
5 Year Member
Joined: Aug 2016
Posts: 120
Likes: 51
Glad you're happy with your new truck. I've owned vehicles on lease and loan. My 15 is on a long term loan because Ford's lease terms seemed pretty poor when I was shopping.
My XLT was the same sticker price as yours, but when you turn around and walk away from your lease - our trucks are worth the same amount. We both threw money away.
My XLT was the same sticker price as yours, but when you turn around and walk away from your lease - our trucks are worth the same amount. We both threw money away.
I can't say that.
You mean you have never had a dead battery? Flat tire? Rusted brake line? Alternator dead? Heater core leak? Oh, and finally, a coil on my 2010 f150
I have had all these in the past 8 years. If what you are saying is true, I can't relate. I drive about 20k miles per year, in Michigan storms including the Upper Peninsula.
I think I am beginning to see a trend here, I have terrible luck lol
You mean you have never had a dead battery? Flat tire? Rusted brake line? Alternator dead? Heater core leak? Oh, and finally, a coil on my 2010 f150
I have had all these in the past 8 years. If what you are saying is true, I can't relate. I drive about 20k miles per year, in Michigan storms including the Upper Peninsula.
I think I am beginning to see a trend here, I have terrible luck lol
Junior Member
Joined: Jul 2016
Posts: 21
Likes: 2
From: Temiskaming Shores, Ontario
here's the thing with leasing.
1. You're basically paying for HALF of the cost of the vehicle.
2. You don't have to worry about depreciation.
3. You don't have to worry about major maintenance. Just oil changes and what not.
4. If you buy a vehicle and keep it youre going to have maintenance costs. Do those equal the amount of a truck payment? probably pretty close. So why not pay for a new truck instead?
5. At lease end, you can keep the truck if you want to by paying the balance (residual value), you can give the truck back and geta new one, or you can give the truck back and walk away.
6. If you're trading every three years anyway why not save some money and lease it?
If youre driving excess mileage, If you want to customize your truck, or if you beat the snot out of your truck maybe leasing isn't for you.
BUT under normal circumstances - leasing is a great option... talk to your salesperson about it
1. You're basically paying for HALF of the cost of the vehicle.
2. You don't have to worry about depreciation.
3. You don't have to worry about major maintenance. Just oil changes and what not.
4. If you buy a vehicle and keep it youre going to have maintenance costs. Do those equal the amount of a truck payment? probably pretty close. So why not pay for a new truck instead?
5. At lease end, you can keep the truck if you want to by paying the balance (residual value), you can give the truck back and geta new one, or you can give the truck back and walk away.
6. If you're trading every three years anyway why not save some money and lease it?
If youre driving excess mileage, If you want to customize your truck, or if you beat the snot out of your truck maybe leasing isn't for you.
BUT under normal circumstances - leasing is a great option... talk to your salesperson about it
Thread Starter
Junior Member
Joined: Aug 2009
Posts: 14
Likes: 1
From: north of Grand Rapids Mich
In 2002 my Windstar with 34k had the transmission go, since then no, none of your scenarios has happened to me. Not sure what difference it is if a vehicle gets a flat tire whether its leased or loaned........I do about 25k a year driving. Preventative maintenance is key.
kidding
Member
Joined: Aug 2016
Posts: 40
Likes: 4
here's the thing with leasing.
1. You're basically paying for HALF of the cost of the vehicle.
2. You don't have to worry about depreciation.
3. You don't have to worry about major maintenance. Just oil changes and what not.
4. If you buy a vehicle and keep it youre going to have maintenance costs. Do those equal the amount of a truck payment? probably pretty close. So why not pay for a new truck instead?
5. At lease end, you can keep the truck if you want to by paying the balance (residual value), you can give the truck back and geta new one, or you can give the truck back and walk away.
6. If you're trading every three years anyway why not save some money and lease it?
If youre driving excess mileage, If you want to customize your truck, or if you beat the snot out of your truck maybe leasing isn't for you.
BUT under normal circumstances - leasing is a great option... talk to your salesperson about it
1. You're basically paying for HALF of the cost of the vehicle.
2. You don't have to worry about depreciation.
3. You don't have to worry about major maintenance. Just oil changes and what not.
4. If you buy a vehicle and keep it youre going to have maintenance costs. Do those equal the amount of a truck payment? probably pretty close. So why not pay for a new truck instead?
5. At lease end, you can keep the truck if you want to by paying the balance (residual value), you can give the truck back and geta new one, or you can give the truck back and walk away.
6. If you're trading every three years anyway why not save some money and lease it?
If youre driving excess mileage, If you want to customize your truck, or if you beat the snot out of your truck maybe leasing isn't for you.
BUT under normal circumstances - leasing is a great option... talk to your salesperson about it
Senior Member
Joined: Nov 2010
Posts: 4,809
Likes: 533
From: TN
here's the thing with leasing.
1. You're basically paying for HALF of the cost of the vehicle.
Not exactly. I would have paid for 1/3 of mine over the 3 year lease term, then the option to buy it at what appeared a good price
2. You don't have to worry about depreciation. Yep, In 3 years you won't have to worry about being up-side down when you if had bought and traded
3. You don't have to worry about major maintenance. Just oil changes and what not. and SOME come with vehicle maintenance for 3 years (sorry Ford, you haven't jumped on this concept)..... But you don't have to worry about much else.
4. If you buy a vehicle and keep it youre going to have maintenance costs. Do those equal the amount of a truck payment? probably pretty close. So why not pay for a new truck instead?
5. At lease end, you can keep the truck if you want to by paying the balance (residual value), you can give the truck back and geta new one, or you can give the truck back and walk away. I've never had to pay any thing to walk away.
6. If you're trading every three years anyway why not save some money and lease it? yeah, just pay for what you use, get a new one. I figured I could lease 3 terms (9 years) cheaper than I could have purchased my truck for, and honestly, after 9 years I probably wouldn't want it any longer)
If youre driving excess mileage, If you want to customize your truck, or if you beat the snot out of your truck maybe leasing isn't for you.
NOPE, unless you ADD extra mileage to your lease contract, excess mileage is not your friend in a lease. In most cases, 2,000 mile increments adds a insignificant amount to your payment.
BUT under normal circumstances - leasing is a great option... talk to your salesperson about it.... and in many instances there is ALWAYS lease cash (just like a rebate when you guy). that lease cash can be used to lower your cap reduction cost. I had over 3,140 lease cash)
1. You're basically paying for HALF of the cost of the vehicle.
Not exactly. I would have paid for 1/3 of mine over the 3 year lease term, then the option to buy it at what appeared a good price
2. You don't have to worry about depreciation. Yep, In 3 years you won't have to worry about being up-side down when you if had bought and traded
3. You don't have to worry about major maintenance. Just oil changes and what not. and SOME come with vehicle maintenance for 3 years (sorry Ford, you haven't jumped on this concept)..... But you don't have to worry about much else.
4. If you buy a vehicle and keep it youre going to have maintenance costs. Do those equal the amount of a truck payment? probably pretty close. So why not pay for a new truck instead?
5. At lease end, you can keep the truck if you want to by paying the balance (residual value), you can give the truck back and geta new one, or you can give the truck back and walk away. I've never had to pay any thing to walk away.
6. If you're trading every three years anyway why not save some money and lease it? yeah, just pay for what you use, get a new one. I figured I could lease 3 terms (9 years) cheaper than I could have purchased my truck for, and honestly, after 9 years I probably wouldn't want it any longer)
If youre driving excess mileage, If you want to customize your truck, or if you beat the snot out of your truck maybe leasing isn't for you.
NOPE, unless you ADD extra mileage to your lease contract, excess mileage is not your friend in a lease. In most cases, 2,000 mile increments adds a insignificant amount to your payment.
BUT under normal circumstances - leasing is a great option... talk to your salesperson about it.... and in many instances there is ALWAYS lease cash (just like a rebate when you guy). that lease cash can be used to lower your cap reduction cost. I had over 3,140 lease cash)