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Can you still deck it out to your liking if you lease?
Thought I would start another thread for this...being a potential new truck owner what are the downsides of leasing vs buying a truck.
You own your lease every bit as much as you "own" your 60-84 month financed truck.
You can do what you want with your leased truck, but like said above, if your intent is to return it and walk away at the end of the term, you need to follow the contract.
Will a dealer or the lease company accept your modified leased truck? Depends on the type and quality of the mods. All used vehicles are selling like crazy these days, especially trucks.
You do NOT have to follow the end of lease tern-in procedure per your contract. You can turn your vehicle in at any time at ANY make/model dealership.
I once turned in a 2012 Subaru Legacy lease 8 months early, over miles, with worn snow tires and brakes. I had a vehicle picked out on their lot that I wanted to buy. During negotiations I made it clear, the only way we were making a deal today was take in my lease free and clear. They did.
I've only leased twice. I wouldn't say I'd never do it again.
....I have never owned a vehicle outright. Therefore I have always had a payment. That payment is factored into my budget and always has been. I always end up getting sick of the vehicle I have been driving around or simply want the latest and greatest. For me, at this point in time, leasing makes sense.
Not exactly true, although they do ding you for certain things. I've been leasing cars for my wife's business for 15 years (GREAT tax write-off especially if you own a small business).Most have limited miles allowed,with per mile overcharge, it’s not yours ever,you will be charged for every tiny paint chip ,slight scratch, worn tires,and more upon turn in.
I never leased before so can someone clarify the lease duration. No mater what happens the person leasing is on the hook for duration of the agreed payments?
So for example, I sign up for a lease for 36 months. After 30 months, my dealer calls me to let me know that I can go into a new lease now. Does that mean that no matter what, I still have to pay off those 6 months, or roll it into another loan?
Thanks.
Owner of a 2020 Ram Laramie (leveled with 2" rc struts and 1" rear spacer on 33.5" toyo open country) , 16 Dodge Charger scat pack and my wife 21 Jeep Wrangler Unlimited Sahara (2.5" rc lift with 35" duratracs)