Anyone ever lease a truck?

Discussion in 'Lawn Mowing' started by justmjc, Nov 18, 2003.

  1. justmjc

    justmjc LawnSite Senior Member
    Posts: 261

    Anyone leasing a newer truck for the biz? What are your opinions on this?
     
  2. CamLand

    CamLand LawnSite Bronze Member
    Posts: 1,300

    always have and always will,benefical to my company to have new trucks every 2-3 years,not that the deduction is any better but it works for me...
     
  3. CNYScapes

    CNYScapes LawnSite Senior Member
    Posts: 916

    Pros- Always under warranty
    Tires last for the whole lease (usually)
    write off the whole payment

    Cons- No equity build up
    can't customize to you needs

    I leased three trucks in a row and then finally bought my last one, I bought an extended 100,000 mile warranty on it and am looking forward to owning it free and clear in 5 years. Then I will give it to the lawn crew and buy myself another new one.:cool2:
     
  4. GTLC

    GTLC LawnSite Senior Member
    Posts: 700

    hey CNYScapes where are you located in Central New York?
     
  5. CNYScapes

    CNYScapes LawnSite Senior Member
    Posts: 916

    Im in Clay, by the great northern mall, most of my work is in liverpool
     
  6. lawnman_scott

    lawnman_scott LawnSite Fanatic
    Posts: 7,547

    I stand on the roof of the truck to trim palms, scratch it while loading it, ect. I dont think leasing is for me.
     
  7. Team Gopher

    Team Gopher LawnSite Platinum Member
    from -
    Posts: 4,041

  8. mag360

    mag360 LawnSite Silver Member
    Posts: 2,446

    A company in this area goes through Hertz auto rental for all their trucks. Seems to work well for them although they constantly are returning trucks for service---the powerstroke fords apparently go through automatic trannies and brakes. Must be nice to just return the truck and get a replacement when something breaks.
     
  9. iowapride

    iowapride LawnSite Member
    from Iowa
    Posts: 59

    I leased a new truck 5 years ago and won't ever lease again. Maybe it was just a bad experience for me but they charged me originally over $3000 when I turned it back in. A few stains in carpet and headliner, leather steering wheel was wore, leather seats showed wear, basically anything they could find. I was over on miles too. I got them talked down to about $2200. Never again for me. I put on too many miles for one and like someone else said, you can't customize your truck to your needs. I know leasing has its pros too so I'm not saying it's a bad idea. I think I just like the idea of ownership and paying on something that I know I can keep in 2 or 3 years.
     
  10. packerbacker

    packerbacker LawnSite Bronze Member
    Posts: 1,433

    I leased a Dodge Ram once, went over on my mileage and had a dent in the extended cab, not a big one mind you , and they ended up charging me $9000.00 . On top of that they wouldnt let me take my CD player out or my hitch off.



    DONT LEASE
     

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