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Truck Leasing Pros and Cons Kingsland 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.

U-Haul Co
(912) 729-7445
491 Saint Marys Rd
Kingsland, GA
Reads Moving Systems Of Georgia
(912) 576-1836
1495 South 50th Avenue
Kingsland, GA
Mini Warehouses of Camden County
(912) 729-6464
555 Boone Avenue
Kingsland, GA
Kingsland Self Storage
(912) 882-4150
451 West William Avenue
Kingsland, GA
Kingsland Van Lines
(912) 729-7061
Kingsland, GA
Uncle Bobs Self Storage
(912) 729-7323
1320 Ga Highway 40 East
Kingsland, GA
Camden Mini Storage
(912) 729-5200
Highway 17
Kingsland, GA
Anglers Edge
(912) 576-9173
17660 Ga Highway 40 West
Kingsland, GA
Hippo Storage Center
(912) 673-1300
5653 Ga Highway 40 East
Kingsland, GA
Hwy 40 Ministorage
(912) 729-5513
13500 Ga Highway 40 West
Kingsland, 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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