Ricktwuhk

Type "Consumer Reports", then highlight it and then click on the link icon and paste the link. Or, just click on the link icon, paste the link AND type the words in the other box. Works fine.

I had already posted the CR article.

sunofabeach

if you're willing to do a little work every few years, leasing is definitely a very good option for you.

in 2014, I leased a XLT 302a for $34k + tax. at the end of the lease, my residual was somewhere in the neighborhood of $27k.

i bought it out, drove it for another 2 months and sold it privately for $32k.

maybe my story is an exception, but it is possible to drive a new vehicle and not lose an incredible amount of money every time you get into a new one.

XBeatzX

It will usually always pencil out in favor of leasing (vs Purchasing) IF you are upgrading every 3 years or less. That is not the case with all vehicles however, only those that have (historically) high Residual Values assigned by the finance company, the F-150 (1/2 tons in general) certainly do. Ford Focus as an example, they don't hold their value as well as a truck, so they tend to Lease poorly. You can actually make the argument, that even if you do decide to purchase, it can make financial sense to first Lease, than buyout and end of term. My current XLT lease had a Money Factor (Lease Interest Rate) of .00010 (To calculate the interest rate, simply multiply the Money Factor by 2400), so Interest rate is .25%. A rate like that would be very difficult to achieve with most conventional loans. Heck, wish I could borrow a billion dollars at that rate, could retire tomorrow. Every month, finance heads at Ford sit down and decide what the "Money Factor" and "Residuals" will be for their vehicles the following month which come out on the first. If they need to move inventory on a select model, increase profit, etc., they will inflate/deflate those Residuals and Money Factors to best compete in the Market. Over the last year, region depending, Money Factors have ranged from .25%-2.5% (Excellent) and Residual ranges of 55-68% (Excellent). If you find that right combination and timing, some unbelievable deals to be had.

"Leasehackr" Forum-
https://forum.leasehackr.com/

2018 F-150 Specific Lease Forum-
​​​​​​https://forums.edmunds.com/discussio...als-and-prices

Lease Calculator-
​​​​​​https://leasehackr.com/calculator

All Hat No Cattle

Yes, you posted the link while I was typing. Pit stop in the middle, LOL.

Thanks for the link work-around, it was not needed with the previous version software. Oh well.