Bigdog1428
02-02-2007, 08:15 PM
so whats up guys,,i havent made the plunge yet into buying my truck ,,but im trying to figure out shold i lease it ,,or just buy it ,,,,what have u guys done ,,, i could lease it ,,and buy it after my lease term and same some money ,,or should i go for it now ,,,all info would be greatful
Street WK
02-02-2007, 10:33 PM
I read that buying seems like the best thing to do.
Sheri'SRT8
02-02-2007, 10:40 PM
This has been covered quite a bit on this site. You should do a search for the different threads on this subject. Here is one: http://www.cherokeesrt8.com/forums/showthread.php?t=1933&highlight=179
shodanusmc
02-03-2007, 07:27 AM
Lease if it is a business expense. Buy if it is not.
Call Champ if you are looking to buy. His prices are very good.
Sheri'SRT8
02-03-2007, 09:49 AM
Lease if it is a business expense. Buy if it is not.
Call Champ if you are looking to buy. His prices are very good.
I respectfully disagree on that. If you purchase, you can take up to $25,000 of Section 179 expense in the year placed into service. This beats leasing hands down.
Depending on your tax rate, you might be able to get your down payment back in tax benefit.