Would it be better to Purchase or Lease during these tough financial times for businness purposes. Also the Taco is due for a redesign for the 2012 model year. A 3 year lease would put it at about the time the next Taco would be released. Finances are a little tough right now. Will not consider any other truck other than a Taco. My 99 has 114,000 miles with nada a problem. Any thoughts???
if you want new, then buy. leasing is for the birds
^+1
114,000 and the truck is 9 years old...you have plenty of life left in it.
If you are really scratching that itch to get new, then buy....0% interest on Taco's now.
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2006 4x4 Access, V6, 6spd, TRD Off-Road, tow pkg. Donahoe Co's, TC UCA's, Dakar leafs, 5125's in the back and u-bolt flip kit. TRD exhaust, CAI. URD MAF calibrator. 17x9's, 285/70/17 BFG MT KM2. Locker-mod, fog mod and console vault.
Leasing or buying depends on your personal situation.
I lease personally. It gives me a lower payment, and I don't drive enough to worry about mileage. I also like the idea of getting a new vehicle every 3-4 years. I would do the same if I was buying anyway.
Leasing or buying depends on your personal situation.
I lease personally. It gives me a lower payment, and I don't drive enough to worry about mileage. I also like the idea of getting a new vehicle every 3-4 years. I would do the same if I was buying anyway.
lower payment doesn't always = lower cost
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2006 4X2 Access Cab, CP1, I4, 5 Speed, Impulse Red Pearl
alaska or else
Total Miles43,011 Total Gallons1,836.1 Average MPG23.43 Total Fuel Cost$5,068.52 Avg. Fuel Cost$2.760 Fuel cost per mile$0.118
I do a 3 yr lease with the wife's vehicles and buy mine.
Works well for me.
If your finances are tough and you must get a new vehicle,buy it.
You can always sell the vehicle and get out of the payments.
If you lease,you can't unless you find someone to assume the payments which at best is a longshot and hassle.
if you want new, then buy. leasing is for the birds
Would love to stick with my 99 but my 10 year old is getting cramped in the back. He's a big kid for his age as people think he's 13. Forgot to mention that part Sorry. Just time to get a 4 door. Do dealers give a Lil extra discounts for being a repeat customer?
I had to get rid of my f150 for the exact same reason. The tacoma 4 door has much more room for my little boy and all our gear. I'm leasing as well do to finanicial reasons, but plan to buy after the four years is up. But I am quite pleased with the 4 door room wise.
Leasing doesn't work for me, I put wayyyyyyyyy to many miles on a vehicle in a year 30-35k to do a lease. If you got the down payment and drive a little bit, under their limits, it'll might be cheaper for you. Fortunately, I now drive a company vehicle, and that has saved me a ton of gas money along with the miles and wear and tear on the truck. I would definitely have over 70k by now, and I got it in June of 06.
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'06 DCLB Indigo,Scangauge II, Redline tuning hood struts, map light mod, trailer plug mod, LED bed lights Thule X-sporter racks. Aux. back up lights.
If it's going to be a personal vehicle - buy it - then you will have something to show for your payments. They are offering 0% interest. If you lease, then you have NOTHING at the end of the lease.
If it's going to be a personal vehicle - buy it - then you will have something to show for your payments. They are offering 0% interest. If you lease, then you have NOTHING at the end of the lease.
I would tend to agree with that, BUT assuming someone buys on a 60 month contract, it will probably be 3 years before the payoff on the truck actually equals what it could realistically be sold for. Your net gain is still nothing after 36 payments in either case. You could presumably walk away from either one after 36 months. The next 24 payments are gravy though.
That being said, I still much prefer buying over leasing.
I would tend to agree with that, BUT assuming someone buys on a 60 month contract, it will probably be 3 years before the payoff on the truck actually equals what it could realistically be sold for. Your net gain is still nothing after 36 payments in either case. You could presumably walk away from either one after 36 months. The next 24 payments are gravy though.
That being said, I still much prefer buying over leasing.
upside down....
i'm not sure when i went right side up, but it's been a while. I figure i have at least 4K of equity and i'm just under 3 years in (financed everything but the taxes)
however, i make weekly payments (my choice) vs monthly payments to save a little on intrest and pay it off a little quicker. (8 months early by my calculation, but that also includes a refi last year to save a little more on int)
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2006 4X2 Access Cab, CP1, I4, 5 Speed, Impulse Red Pearl
alaska or else
Total Miles43,011 Total Gallons1,836.1 Average MPG23.43 Total Fuel Cost$5,068.52 Avg. Fuel Cost$2.760 Fuel cost per mile$0.118
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