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Truck Leasing Pros and Cons Miami Lakes FL

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.

Mudanzas Diaz
(305) 822-0898
7540 West 34th Court
Hialeah, FL
 
Affordable Office Rentals
(305) 362-5900
11117 West Okeechobee Road
Hialeah, FL
 
Juner Trucks Inc
(305) 557-0100
10505 West Okeechobee Road Suite 201
Hialeah, FL
 
Lenmart Corporation
(305) 823-7704
12190 Northwest 98th Avenue Suite 6
Hialeah, FL
 
Reliable Die Service Inc
(305) 821-4678
2239 West 78th Street
Hialeah, FL
 
Delivery And Mudanzas
(786) 299-1759
12250 Nw 122nd Ave
Hialeah, FL
 
Alberto Diaz Moving
(305) 693-0076
7540 West 34th Court
Hialeah, FL
 
8220 Mini Storage
(305) 698-7575
8220 West 30th Court
Hialeah, FL
 
Raisa International Inc.
(305) 824-9619
3135 West 68th Place
Hialeah, FL
 
Uhaul Co.
(305) 820-8937
2645 W 76th St
Hialeah Gardens, FL
 

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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