Worth it to Buy or Lease for me?

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Worth it to Buy or Lease for me?

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Chevrolet >> Chevy Trucks, Vans & SUV's >> Tahoe >> Worth it to Buy or Lease for me?

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Worth it to Buy or Lease for me? - 5/27/2007 10:18:03 PM

whtcts0713

Posts: 27
Joined: 11/6/2006
Status: offline

I would really like to get the new Tahoe however I know I will not want to keep the truck for more than 3 years. Would it be worth it for me to lease it for this reason?

Post #: 1

RE: Worth it to Buy or Lease for me? - 5/27/2007 10:42:11 PM

engine2

Posts: 1707
Joined: 12/24/2006
Status: offline

I wish it was that simple to answer. Leasing can be a great tool if you know what to look for, but if you get one part of the lease wrong it can cost you big $$$$.

I would recommend getting some books and looking up some internet sites on leasing. I think carbuyingtips.com was one that I used some time ago.

Sometimes I lease and sometimes I buy. It depends on the money factor, capitalized cost and residual value, miles I plan on driviing among some other factors for determining if leasing is right. Sometimes a great lease deal can vary month to month depending if a manufacturer is offering a subsidized lease or not.

So to answer your ? that would depend.

(in reply to whtcts0713)

Post #: 2