Leasing questions.
Looking to the future if I replace the Winnebago with a fifth wheel then I'll have to purchase a truck. Has anyone leased with good results?
Forum Discussion
JALLEN4 wrote:
The absolute lowest cost of ownership of a vehicle is to buy it new, pay cash, and keep it for more than ten years.
Shouldn't that be, buy used, pay cash, and keep it for more than 10 years?
Of course if you really know what you're doing (I don't), you can buy used, drive it for a short time and sell it for about what you paid.
When it comes to vehicle value only, the lowest cost of ownership truck I had was a '92 F-150 that I bought with 150,000 miles on it. When I let it go it had 233,000 miles. I put 83,000 miles on the thing in 7 years and sold it for $1,700 less than I paid.
