Do you think is a good option lease and buy after the lease?

SergioCabreraSergioCabrera Member Posts: 10
edited April 2021 in Toyota
I own my car for more than 7 years already but, it is a Honda civic coupe. I was thinking on upgrading to a bigger one to be able to fit my Bikes, and Kayaks.

The problem is that buying a Tacoma 2021 offroad 4x4 could be expensive. I think that montly payments could be over $480.
My idea was to lease the car for 36 months and later buying, so I will have less amount in the payments.

What do you think about that move?
after i get the Tacoma I'm planing to stay with that car at least for 15 more years, if it last that im pretty confident it will.


Thank you all

Comments

  • kyfdxkyfdx Moderator Posts: 251,080

    I own my car for more than 7 years already but, it is a Honda civic coupe. I was thinking on upgrading to a bigger one to be able to fit my Bikes, and Kayaks.

    The problem is that buying a Tacoma 2021 offroad 4x4 could be expensive. I think that montly payments could be over $480.
    My idea was to lease the car for 36 months and later buying, so I will have less amount in the payments.

    What do you think about that move?
    after i get the Tacoma I'm planing to stay with that car at least for 15 more years, if it last that im pretty confident it will.


    Thank you all

    If the vehicle is too expensive now to purchase with a 72 month loan, it won't get any cheaper after leasing it for three years. Math is math.

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