What is your payment??
#1
What is your payment??
I was just wondering what some of you are paying monthly for your trucks, leased or purchased. I'm paying about $355/month on my leased 2001 F-150(see sig). I want to lease a 2003 but it seems like the payment for a similar equipped truck like I have now is about $100 more a month! What gives? Are the residual values that bad??
#2
The obvious place to start is look at MSRP. Are both turcks equally valued? Next, check out the leasing co. the money factor can make a big diffrence in the payment. Don't forget the all important milage charge. If your old lease is 12k and the new one is 15k that might be some of the diffrence. Leasing can be really hard to compare apples to apples. Make the dealer price it out with more than one leasing co. Ford Motor Credit is not the only company leasing trucks and sometimes a local lease co might be offering a better deal. Hope this helps some
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#11
I don't know how you guys got off so cheaply. Right now I currently have two F150's that I am paying for. The first one is a leased 2000 F150. This is a base model V6 and it is leased for $380 a month. Only have a few more months left on that one. God I hate leasing.
My new truck is a 2002 F150 supercab V6 and I am paying $550 a month. So over $900 dollars a month just on truck payments. The more I think about it, I could be using that money and have me a nice house somewhere.
My new truck is a 2002 F150 supercab V6 and I am paying $550 a month. So over $900 dollars a month just on truck payments. The more I think about it, I could be using that money and have me a nice house somewhere.
#12
My 97 is paid for, since spring of 2000. When I did have a payment, it was $350/mo financing $17,000 for 60 months at I believe 6.9%. Original price was $23,000 so I put $5K down.
Splain to me why someone would want to lease a vehicle. I have never figured it out. It seems everytime I buy a car, they are trying to get me to do it
Splain to me why someone would want to lease a vehicle. I have never figured it out. It seems everytime I buy a car, they are trying to get me to do it
#14
payments
With interest rates and rebates, and slow sales, it just doesn't make sense to lease right now. I decided to buy now rather than wait for the '04 because the price is going to jump. I bought a 03 Heritage Ed. on 4/29 for 32,000. With 2K trade and cash plus 3K rebate for 5K down with a 3.9% note for 72 months my payment is 510. Thats really no problem for me and I plan on keeping it for 20 years. Wouldn't lease personaly, but it works for some. It is a good time to buy, so go for it if you can!