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Why Lease?

Discussion in 'Off-Topic Discussion' started by Capt Jrod, Mar 23, 2017.

  1. Mar 23, 2017 at 6:54 AM
    #1
    Capt Jrod

    Capt Jrod [OP] Well-Known Member

    Joined:
    Dec 6, 2014
    Member:
    #143748
    Messages:
    913
    Gender:
    Male
    First Name:
    Jarrod
    Northern Ohio
    Vehicle:
    15 WHITE DCSB 4x4 TRD SPORT
    With out starting a holy war here... I seriously can't understand why anyone leases a taco. Now I realize the 3rd gens have had some first run bugs, but historically the resale is insane on these trucks. I see my 2015 DCSB TRD sport selling for close to what I paid. I just saw the lease deal for my truck new... $3899 at signing and $289/mo for 36 months. $14,302 total out of pocket.... For a $37,000 truck, you would have $22,698 left to pay. Yes there is interest not in this calculation. but interest is really low right now. I would guess the value of a 3 year taco with 36,000 miles to be upwards of $28,000. If you have the ability to write off a lease then you have the ability to write off the miles. So far I figure my 2015 has only lost $3000 in depreciation. It makes me want to go buy three new tacos and lease them out. I'd damn near get a free truck for leasing three.
     
  2. Mar 23, 2017 at 6:55 AM
    #2
    T4RFTMFW

    T4RFTMFW Well-Known Member

    Joined:
    Jul 23, 2014
    Member:
    #134525
    Messages:
    69,793
    In before finance wars.
     
    Capt Jrod[OP] likes this.
  3. Mar 23, 2017 at 7:05 AM
    #3
    Capt Jrod

    Capt Jrod [OP] Well-Known Member

    Joined:
    Dec 6, 2014
    Member:
    #143748
    Messages:
    913
    Gender:
    Male
    First Name:
    Jarrod
    Northern Ohio
    Vehicle:
    15 WHITE DCSB 4x4 TRD SPORT
    I have a hemet on...:crapstorm::crapstorm::crapstorm::crapstorm::crapstorm::crapstorm::crapstorm::crapstorm::crapstorm::crapstorm:

    Luckily I don't have a man-bun, or a Bernie sticker on my bumper. Thick skin and broad shoulders. Ain't no snowflakes around here!
     

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