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Truck Leasing Pros and Cons Dallas GA

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.

R W T Office Store
(770) 445-9029
312 West I Parkway
Dallas, GA
Dallas Custom Storage
(770) 445-6580
835 Marietta Highway
Dallas, GA
Re Max Westside Paulding
(770) 443-9696
280 Merchants Square
Dallas, GA
Uhaul Co.
(678) 363-7371
4627 Villa Rica Hwy
Dallas, GA
RWT Offices Stor-All
(770) 445-9029
312 Wi Parkway
Dallas, GA
Budget Truck Rental
(770) 505-0331
4075 Marietta Highway
Dallas, GA
Uhaul Co Independent Dealers Dallas
(770) 505-9362
1270 Jimmy Campbell Parkway
Dallas, GA
A HWY 92 Storage
(770) 443-7410
3874 Hiram Acworth Highway
Dallas, GA
Two Men And A Truck
(770) 505-3332
4075 Marietta Highway
Dallas, GA
U-Haul Co
(678) 363-1481
312 W I Pkwy
Dallas, GA

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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