'16 Lease Residuals (not for everyone, I know)

not really stupid, whats stupid is how i see used 2012s for $30k at dealers

 

Not for me I get 2500 off and 3% off invoice. TMMC employee so I come out on top all the time.

 

2016

 

Yes they have good trade in values

 

The dealers love people like you. My buddy much prefers to lease a vehicle than sell one...

 

It depreciate about 1500$

 

Dealers love all people that buys a car.

 

yea, i do not get that at all. i can't help myself from peeking at the sticker on per-owned tacos and am always disgusted with the price

 

It's called the circle of money if there was no lease programs there would just be about 40/50 % being sold than people are out of jobs and company's want that money. If you do like it get off this trend and go pay 750 a mnt its your life don't try and put other people down or make them feel stupid why not have that extra 300$ left a mnt.

 

I can't speak for the others here, but I am able to write off my vehicle lease as a business expense, so I save the income tax on the cost of the lease. That means 20-25% savings.

 

Doesn't really matter what the dealers love. A car/truck is an expense, there's no way around it. It is not a good investment. But we all need transportation, and since we are in this forum, we love tucks. If you are the kind of person that wants to own a truck for 10 years, do mods to it, make it your own, buy one. If you like having a new truck every three years and not worrying about the big maintenance costs that come with vehicles beyond 3 years (give or take), lease one.....either way you are not making money on your truck.

 

A lot of company lease cars.

 

I bet over 75% on this forums leased there new Tacoma

 

That's probably because they make more $$$ off of a lease because many people don't realize that the vehicle price can be negotiated, same as regular financing. Slap a lower monthly lease note in front of someone as opposed to the traditional finance and plenty of people will jump on it. Unbeknownst to them that they could probably get those lease payments even lower via negotiation. I'm pretty sure @the phew has done his homework and approaches each lease the same as he would a purchase.

 

half the payment, i can get rid of the lease early if i want and if the value is higher than what i owe, ill get a check from a dealer of the difference. and who says you cant modify it all mine have been modded in some way lol just nothing crazy I wont cut part of the frame like some do on this site. when im ready to get rid of it I return it to stock and havent had a problem with a dealer yet

 

Say you lease a car and you lose your job you can turn it back in and maybe break even depends might be more. Get a bank financing and you can't turn it in they repo it that bye bye credit score

 

Dealers loves to buy used cars.

 

just never lease a honda accord. lost money on that one, was $1k under what it was worth. lease a vehicle with high resale value, like a tacoma or a wrx

 

I could never lease a vehicle because I can't keep the grinder and the welder away from them.