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Truck Leasing Pros and Cons Dalton 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.

Ideal Leasing Services Inc
(706) 226-3899
1813 Abutment Road
Dalton, GA
Penske Truck Rental Service Department
(706) 272-7006
1309 Cleveland Highway
Dalton, GA
Penske Truck Rental - Dalton
(706) 277-9477
3554 South Dixie Road
Dalton, GA
Belk And Company Realtors
(706) 278-6800
402 S Thornton Ave
Dalton, GA
Salem Leasing Corporation
(706) 278-2800
3500 Dug Gap Road Southwest
Dalton, GA
Accurate Climate Control Storage
(706) 279-1380
1515 Abutment Road
Dalton, GA
Uhaul Co
(706) 281-4739
1309 Cleveland Hwy
Dalton, GA
Universal Textile Sales
(706) 278-3513
605 South Thornton Avenue
Dalton, GA
Advantage Express Inc
(706) 278-5369
148 Atlantic Drive Southeast
Dalton, GA
Lakeland Storage
(706) 275-8484
2592 Lakeland Road Southeast
Dalton, 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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