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  #21  
Old 02-23-2009, 09:36 PM
Monroe74 Monroe74 is offline
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Location: south central PA
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you can't compare consumer auto leasing to a commercial truck lease. there is more than one type on lease program out there.
The lease program that I am on I pay 750 a month for 5 years and pay a dollar at the end to keep it. that is it, it's mine . And while I pay for the truck I get to write it off every year payments ,taxes, interest etc. And the debt is not shown on my credit report freeing me for lines of credit to cover 60 and 90 day accounts.
If you go and buy the same truck with your traditional loan you would pay 730 for 5 years and the truck is yours at the end but you only get to depreciate it for 3 years and you don't get to write off payments, interest,or taxes. and you have this on your credit report there by increasing you income to debt ratio and limiting your growth.
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  #22  
Old 02-23-2009, 09:46 PM
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d&rlawncare d&rlawncare is offline
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Quote:
Originally Posted by Monroe74 View Post
if you talk to your dealer they have all kind of options for leasing such as paying only when your making money I.e april thru november or a lease with dollar buy out where you are leasing the truck but at the end you only pay a dollar to keep the truck. these are expensive options but when the times are slow december thru march you aren't paying anything or if you want to keep the truck it will only cost you a dollar at the end of the lease. Just be sure to talk to your commercial sales man/woman they will help you. I know for a fact ford does this that is how i got my 08 F-550. Good luck
So what option did you take?
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  #23  
Old 02-24-2009, 03:57 PM
Monroe74 Monroe74 is offline
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I choose the option with a dollar buyout
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  #24  
Old 02-27-2009, 10:56 AM
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d&rlawncare d&rlawncare is offline
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What type of payments and term you get with that? (if you dont mind me asking). You can PM if you dont want to post public.
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