Lease a 2008 GMC Seirra for $250

[jds720]

Ok im looking into leasing a quad cab V-8 w/ the fuel management for $250 a month, 600 down payment for 2 years. Right now i have a Isuzu Rodeo, and it sucks. NO Good! so i figure instead of buying a truck, lease it, and im sure in 2 years there will be a truck out thats more gas efficient, and i wont be upside down in my trade.

[fastcat]

my truck is a lease. as long as you take care of it and dont run up the miles on it theres nothing wrong with it, exepct that its a gmc. :o

[Petr51488]

my truck is a lease. as long as you take care of it and dont run up the miles on it theres nothing wrong with it, exepct that its a gmc. :o

Whats wrong with a gmc?

[fastcat]

general motors crap

[DBL]

i dont think this is the business to lease vehicles in...just the nature of the businees you drive a lot of miles job to job to job and its bound to get dents and scratches...we have 6 trucks and while they are all in nice shape they wouldnt be fit for a return if they were leases

[Petr51488]

general motors crap

I should build you a stage.

[corey4671]

i dont think this is the business to lease vehicles in...just the nature of the businees you drive a lot of miles job to job to job and its bound to get dents and scratches...we have 6 trucks and while they are all in nice shape they wouldnt be fit for a return if they were leases

absolutely. if it ain't scratched or dented, you ain't doing something right. If nothing else you gotta have that little dent in the bumper where you didn't back up to the trailer exactly right.

[PLM-1]

NEVER put a down payment on a lease. If the vehicle is totalled or the like, you will lose your down payment. Try for security deposit(s). Some leasing companies allow multiple security deposits which lower the money factor rate. These deposits are returned on turn in or if the vehicle is totalled and insurance pays. Put your money to work for you. By doing MSD's you tend to net a bit of change too!

[lawnboy dan]

better off buying a 3000 dollar used truck than trowing away $ on a lease

[Pro-Scapes]

ditto that. My friend just bought a used f150 in real clean shape. Its a 2000 and was owned by an older guy. Its ext cab and all it needed was a good waxing.

He paid 5500 for it

Breaks down to about 250 to 260 a month or so if you had to finance it. He borrowed against a CD and got 3% intrest and in 2 years he owns it. Funny thing is I bet in 2 years with the way he takes care of his trucks he will get about the same amount for it. Granted its not an 08 but its a real nice truck.

[TimTim2008]

buy a good $3000-$5000 used low mileage 2-4yr old truck..

[mybowtie]

buy a good $3000-$5000 used low mileage 2-4yr old truck..

Huh....where you gettin a GOOD used 2-4yr old truck for 5g's or less.....

Let me know...ill buy em up and make a killin... Any truck like that is going for more then 5g's....:usflag:

[bojodunk]

Your right you wont be upside down
on your lease trade in it not yours

[KPS]

we stricktly lease all our trucks, return them every three years. We can't afford to be down a truck for a couple days if its in the shop.

[jds720]

ok so im looking at a 2005 ford king ranch w/ 13k miles, and in perfect condtion for 16grand, id be able to trade my rodeo in and be under 20grand, with me rolling over. The lease option with my trade woulda been nuts

[LawnTamer]

Financial gurus never recommend leasing vehicles. The $250/mo lease seems like a great option, in that it is inexpensive. I tell you what, they aren't loosing any money.

Let's imagine that you lease the truck for 2 years, and you don't put a single scratch or dent in it, and you stay under the mileage limit. :laugh::laugh:
The laugh icons are because after 16 years in this business, I have never gone 2 yrs without putting a few scratches in my trucks, heck, beds are made to be beaten.

Anyway, let's say you baby the truck for 2 years, and never toss a shovel, or a rake into the bed. You are still $6,600 into the vehicle after the lease is up, and you have $0 to show for it.

If you took that same $6,600 and bought a used truck, it may not be as nice as your new leased truck, but you could throw tools in the bed, haul grass clippings, rocks and mulch. After the two years, you wouldn't have a $6,600 truck, but you'd have a $4,500 truck, and another 2 years of having a truck to use with no payments.

[mag360]

i dont think this is the business to lease vehicles in...just the nature of the businees you drive a lot of miles job to job to job and its bound to get dents and scratches...we have 6 trucks and while they are all in nice shape they wouldnt be fit for a return if they were leases

Agreed. I counted the blemishes yesterday on our brand new one. After four weeks towing a mowing trailer the tally is 7 small ding marks, 3 scratches on the side of the bed, one scratch (deep one) on the front corner, and the tailgate was dropped on the trailer jack already.

A couple of those dingmarks are from another lawn company employee who shot some rocks at it (accidently---I heard about it and am letting it go. My guys have made mistakes in the past too).

[Petr51488]

If your solo, then its not really THAT bad of an idea, but if its for a few guys, forget about it. They don't give a $hit cuz its not their truck.

[poolboy]

Financial gurus never recommend leasing vehicles. The $250/mo lease seems like a great option, in that it is inexpensive. I tell you what, they aren't loosing any money.

Let's imagine that you lease the truck for 2 years, and you don't put a single scratch or dent in it, and you stay under the mileage limit. :laugh::laugh:
The laugh icons are because after 16 years in this business, I have never gone 2 yrs without putting a few scratches in my trucks, heck, beds are made to be beaten.

Anyway, let's say you baby the truck for 2 years, and never toss a shovel, or a rake into the bed. You are still $6,600 into the vehicle after the lease is up, and you have $0 to show for it.

If you took that same $6,600 and bought a used truck, it may not be as nice as your new leased truck, but you could throw tools in the bed, haul grass clippings, rocks and mulch. After the two years, you wouldn't have a $6,600 truck, but you'd have a $4,500 truck, and another 2 years of having a truck to use with no payments.

This!!! Not to mention, you're paying for the depression of the vehicle, which is about 40% for the 3-4 years, which is your typical lease. And like LT said, you have nothing to show for it. If I told you of a stock that will generate a 40% return, why would you do the opposite? Dave Ramsey fan here!!! :):)

[4 seasons lawn&land]

no way to avoid dents on these new POS's. then they'de really nail you on return to fix em. lease is a bad idea in this biz unless they are'nt gonna charge you for damage.