Auto Leasing Guide
Go to now !

Truck Leasing Pros and Cons Scituate MA

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.

Kilroy Bros., Inc.
(508) 586-5900
244 Liberty Street #6A
Brockton, MA

Data Provided by:
E & L Brokers Inc
(781) 837-6627
835 Plain Street Suite 14
Marshfield, MA
Northeast Builders Transport
(781) 837-6004
835 Plain Street Suite 14
Marshfield, MA
Durod Ltd.
(781) 834-0200
130 Claypit Road
Marshfield, MA
Gentle Giant Moving Inc
(781) 982-9955
43 Washington Street
Norwell, MA
U-haul Co.
(781) 545-7335
17 Driftway
Scituate, MA
Walk In Closet Self Storage
(781) 878-9922
179 Washington Street
Norwell, MA
Mister Beam
(781) 383-6060
93 Beechwood Street
Cohasset, MA
Relocation Resources
(781) 871-4500
120 Longwater Drive
Norwell, MA
Extra Space Storage
(781) 319-0550
634 Plain St
Marshfield, MA
Data Provided by:

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...

Click here to read the rest of this article from Lease Guide