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Trade off Paid for tractor to apply toward lease payments?
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Posted 12/7/2018 07:50 (#7154897 - in reply to #7154836)
Subject: RE: Trade off Paid for tractor to apply toward lease payments?


South West MN
I would trade the bare back for a similar model with PTO for $10,000 to boot.

In 3 years you will own 2 tractors and have all the money from the lease. 14x3-10=$32,000. If you spend all the saved money on repairs (doubtful) you still have a 2 tractors.

Or you lease and in 3 years you have 1 tractor and have to come up with $42,000 to buy one like you just traded in.

From what I have heard there is a lot of repairs not included in the lease warranty that will have to be fixed before being turning back in. Wheel seals and such.
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