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Truck Leasing Pros and Cons Gardnerville NV

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.

Carson Valley Movers
(775) 782-7070
Gardnerville, NV
(775) 782-8480
1220 Venture Drive
Gardnerville, NV
U-Haul Co
(775) 267-5379
2589 Wildhorse Dr
Minden, NV
Progressive Data Systems
(775) 882-7357
963 Sunview Court
Carson City, NV
Tom Johnson
(775) 882-7357
963 Sunview Court
Carson City, NV
(775) 782-3533
1456 Industrial Way Suite D
Gardnerville, NV
(775) 265-3533
813 Short Court
Gardnerville, NV
Kingsbury Self Storage
(775) 588-8855
272 Kingsbury Grade
Stateline, NV
Clear Creek Supply & Storage
(775) 885-8444
800 Old Clear Creek Road
Carson City, NV
Carson Valley-Tahoe Self Storage
(775) 882-2626
3330 USHighway 395 South
Carson City, NV

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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