Originally Posted by Jamesla30
You have to be WAY over the mileage... standard leases are 12,000 miles per year, maybe you have 15,000 per year if you paid extra. Considering a $.20 average fee that means you are going to owe $3,000-$4800 just in mileage charges. In the case, buy the car, and drive it until it dies. Leasing cars every 3 years is pretty dumb in my opinion, unless you have the money and don't mind flushing it down the toilet. Leasing a car for 3 years, and then buying it outright with cash on the other hand, can be advantageous.
I leased it for 10,000 miles/year, this was before i got a new job that required me to drive 90 miles a day. I agree with you it makes sense to buy it. I have not had one problem with this truck in 3 years (knock on wood).
I am going to call Ally to see if i can negotiate the buy out. I don't really need the same truck new, no point.