I think leasing is great if you Drive the vehicle everyday and are the type of person who wants a new vehicle every 2-3 years..I drive a company vehicle everyday which keeps my taco parked / Covered/and the mileage down!
I’m 62,,always bought my vehicles but as we get older,,you start to think, do I really want to lay on the ground and change my oil anymore..so I decided to give leasing a try,,I make Great money,work hard,,why not!..should have researched it more,( fell in love with the truck on the lot
)…BUT,,when you lease,you don’t own it..
Didn’t work out Financially for me,,,,with 3 yrs of lease payments and the buy out at 28 K,my truck realistically cost me around 48K. But my 17 sport had 8k on it after my 3 yr lease was up,,it was worth 34K,,no brainer for me to buy it out for 28K then,,and Now my local Dealer offered me 40k when they did the Fuel Pump recall 5 months ago.,makes you think,right ?
They can’t get New Ones on the lot anywhere,,it’s crazy