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Truck Leasing Pros and Cons Beeville TX

A truck lease offers cost advantages for personal use, as well as tax and accounting advantages for business owners. Learn the difference between personal and commercial truck leasing.

National Van Lines-Smith Transfer & Storage
(361) 358-8999
2900 Highway 59 East
Beeville, TX
Blueberry Hills Mobile Home Estates
(361) 358-3556
2326 Highway 59 West
Beeville, TX
A B Moving
(972) 306-5269
18613 Marsh Ln
Dallas, TX

Data Provided by:
T.L.C. Moving & Associates
(817) 919-6830
, TX

Data Provided by:
J R Services
(915) 545-5596
2026 Myrtle Avenue
El Paso, TX
Allstorage Inc
(361) 358-1111
1825 South Washington Street
Beeville, TX
Heavenly Care Moving Solutions
(512) 340-0551
13266 Pond Springs Rd
Austin, TX

Data Provided by:
Hands On Moving
(972) 889-8580
3213 North Highway 67, Suite 402
Mesquite, TX

Data Provided by:
Chaparral Moving, Inc.
(512) 328-8370
606 Kenniston
Austin, TX

Data Provided by:
B & W Self-Storage
(806) 798-1926
5912 66th Street
Lubbock, TX
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Truck Leasing Pros and Cons

To lease a truck for personal use is no different than leasing a car or SUV. A lease offers lower monthly payments than buying with a loan, and may not require a down payment. There are also savings on sales tax in most states. Therefore, leasing may cost you less to get into a new truck, and can save you on monthly cost as well.

However, before making a decision about whether to lease or buy, understand that leasing is best for people who drive no more than about 15,000 miles per year, like to have a new truck every 3-4 years, take good care of their vehicles, don't care about building ownership equity, and have a stable lifestyle such that they won't need to end the lease early.

Ending a lease early can be very expensive. It's more than simply paying termination fees. It means paying the balance of the lease, considering the wholesale auction value of the truck. In most cases, ending a lease early is very impractical. Therefore, if you think you might not be able to complete a lease, then don't lease.

If you plan on using your truck for heavy duty or rough utility purposes, such that the body and bed might be badly damaged or scratched, you might not want to lease. The reason is you may have to pay for those damages at lease-end when you return your truck to the lease company. Any damages beyond "normal" wear and tear can result in charges to you. Of course, you could get the repairs done yourself prior to returning your leased truck. Or...

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