Quote:
Originally Posted by Top Shelf
Figured this is as good as place as any to ask for an opinion or two.
Currently driving a Ford Fusion, but looking at getting a Crew Cab type of half ton truck. I think I've narrowed it down to the Ford F 150 or the Dodge Ram 1500. There are pretty good deals out there on the remaining 2011's.
Pylon's leasing posts have almost convinced me to try the leasing route, and since I can write the business KM's off, probably makes the most sense.
I'd love to hear anyone's opinion on the two trucks.
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I currently have a 2010 Ford F150 FX4...its a great ride. Gas milage is better than expected and the cab has way more room than the dodge. My Bro-in-law has a 2010 Dodge 1500. He's had nothing but issues with it but I think he just got a lemon. I wish I would have waited a year with my ford and got the model with the new engines in it but to date I have no complaints with it.
I leased my last truck and would never do it again unless I was in your scenario. If you own a company and can lease the truck under the company name it works out very well and you can write off way more than just the milage.
They are making it so cheap to purchase a vehicle now with all the incentives and low interest financing that it doesn't make sense to lease a vehicle unless you do it for the work write-offs, but even if you own it and its under your company name you can still get the write-offs.
I bought mine during the employee discount days at Ford, and that worked out to about a 12k discount just for that, I got another grand off for being a costco member for some reason...With the cheap financing it was cheaper monthy payments to buy than it was to lease.
That is my experience with it anyway, I know I won't lease again, but my feeling also is that if I'm going to pay that much a month for a vehicle I would like to actually own the vehicle and not be left with nothing in 3 years time. I was also pretty bitter about how they were when my lease was up and I had to take the vehicle back...minor chip in the windshield...you have to replace it...tires with less than 75% tread left, you have to replace them. The lease said normal wear would be accounted for (including rock chips etc) but it actually came down to an argument over a rock chip that I had on the front of the hood about me paying for it...they finally let it go but what a pain.
Here is my truck:
