My Plans Have Been Wrecked
My plan to retire in September, 2018 and live in an RV full-time is being re-evaluated. My plan was that when my auto lease was up in August, 2018 I could lease a big new tow vehicle (maybe an F-350)...
Forum Discussion
DO NOT ASSUME ANYONE'S LEASE!!! That is a recipe for disaster. It is expressly forbidden in almost all lease contracts. Even if you get the lessor's written approval, you are going to be on the hook for anything that went wrong and was improperly repaired by the previous lessee. Not to mention it is a bad deal. You will be paying the same payment for a used vehicle that the original lessee paid for a new one.
If you carefully buy a seven or eight year old vehicle, drive it normal miles, your cost of ownership will be very low for the next 8 months. That is the best financial option if you wish to stay with your original retirement plan.
However, I would prefer the motorhome/toy vehicle plan if you are going to be in to off roading. Jeeps are much better off road vehicles than F350s. And they also are more convenient daily drivers in many parts of the country. (driving that honking F350 thru Boston would be a trip in itself.) Good Luck
If you carefully buy a seven or eight year old vehicle, drive it normal miles, your cost of ownership will be very low for the next 8 months. That is the best financial option if you wish to stay with your original retirement plan.
However, I would prefer the motorhome/toy vehicle plan if you are going to be in to off roading. Jeeps are much better off road vehicles than F350s. And they also are more convenient daily drivers in many parts of the country. (driving that honking F350 thru Boston would be a trip in itself.) Good Luck
