After being in the car business for a couple years i will tell you first hand that for some of us leasing is the only way to go. If you keep your cars forever buy em. If you are like me and want something different every couple years, leasing makes sense. For the theory of " at the end of your lease you have nothing to show for it", i'll tell you what you have to show for it, $200-300 more a month in your pocket and not having to worry when you trade it in that you are $3-6k upside down. Guess what happens to your resale value when that new model comes out 2 years down the road.All a lease does is protects you from being in a bad equity situation. Guess what happens when you buy your new truck for $30k and you pay $600/ month and you are putting 15-20k miles a year on it and you want to trade it in in 3 years. If your not upside down consider yourself lucky. We used to joke at work about the idiots that would come in and say leasing was soooo bad and how they liked to own their pieces of metal!! Then when you tell them that they owe $10k dollars on a $5k dollar car and that they have to roll their next negative equity into their next purchase you would think it would dawn on them that they didn't own squat!!! Miss a couple payments and the bank owns it!!! Just thought i would put in my 2 cents!!

 

I just dont understand why some say a lease is horrible. Horrible to me is paying $670/month for 5 or 6 years and when you are finally done, the truck is 6 years old and has 100,000 miles on it and you have to start over at another $670 a month. I just dont understand that logic. Most of you guys who buy say that we who lease will always be making a payment. How I see it, most of you who buy are always making a payment, and usually your payment is double what mine is.

 

Exactly, cars and trucks are depreciating items that require maintainence. If it goes up in value you buy it, if it goes down in value you lease it!!! All theses leases are are a buy with a guaranteed value in a set amount of time and mileage. You always have the option to sell, trade in, turn in, or buy. The best part is your protected from market conditions. If your vehicle depriciates faster than expected then your lease end value protects you from having inequity. If your vehicle holds its value better than expected then you can buy it for the lease end value, sell it and pocket the difference over the lease end value, or trade it in ( you only want to do this if you are getting more than what your lease buy out is )