Posted by ss55 on October 29, 2015 at 18:57:25 from (63.147.218.227):
In Reply to: truck leases posted by Nick167 on October 29, 2015 at 16:46:52:
A lease works best for commercial vehicles where the lease costs can be expensed instead of depreciated. If you won't drive it a ton of miles, consider buying a lease return vehicle or an older vehicle instead of a new vehicle.
If no one has mentioned to you yet, beware of long term financing on a vehicle. People see the low monthly payments and don't realize it's mostly interest payment at high interest rates. At trade-in time they are underwater, they still owe more on the vehicle than it is worth as a trade-in.
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