JCraw059
Thought I would throw my .02 in but in the end I guess you're going to have to go with what you perceive as your best deal to get the greatest truck out there. I have leased the past couple vehicles I owned for the same reason as why you looking at it, you can get a better vehicle for the money you can afford. Not that I regret it all now, but they do get a little picky when you turn it back in. Things that you may think are normal wear and tear, they want to charge you for. I have Maxima now that goes back next month and need to schedule an inspection, so not sure how Nissan will be yet. But I will say this, I am purchasing my new Titan rather then leasing because interest rates are so low. You may want to look at a 6 year loan versus leasing. If the Titan you want is MSRP of 32k, you should be able to get it for around 29k, you'll have to check actual invoice price. But assuming you can get it for 30k, with 1500 down that should put your payment around 456 a month to own. That being said, what's the residual value after your 4 years of leasing? By purchasing, after four years you would only owe 10,400 and I'm sure the truck will be worth every penny of that and more. The one draw back is you will also have to come up with taxes for the full 30k up front. The rate I used was from Capital One at 4.79 for 72 months, but you maybe able to do better. If you do decide to lease, do your homework as everyone says, and question every little thing the dealer is telling you. It can be confusing but if you know what the terms are they're using, you'll be fine. In addition to the book ChuhBaca recommend, take a look at
http://www.leasesource.com/. Wouldn't buy the program but in the workshop you can run the numbers to see how they are coming up with your final payment. Find out what your Money Factor is and convert it an APR, how high is it? Again, can't stress it enough, do your homework before signing a lease...
Good luck and enjoy your new Titan :cheers: