Quote:
Originally Posted by BMWCCA1
When you lease, you're paying for the depreciation based on what the manufacturer says the residual will be. My experience with Toyota trucks is that a one-two-or-three year-old one often sells for more than a new one. So why not just buy? I doubt there's any cheaper way to own a truck.
I bought my Toyota pickup about 37-years ago and still have it. LWB and 2WD is what I wanted, with 5-sp manual. Long enough bed to swallow any motorcycle and still close the tailgate. 2WD gave me low bed height for easy loading. Can't tell you how many motorcycles it has carried from all over the country.
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Buy $35k truck 60 months at 3% interest = $629/month plus pay full sales tax up front
Lease $35k truck with the right deal = $250/month with nothing out of pocket and taxes rolled into the payment, only pay taxes on the payment not the price of the truck
I've seen some Tacoma deals as low as like $160/month with $0 out of pocket. Leasing makes sense when the deal is right.