Three years later, when a newer model came out with better fuel efficiency and a built-in coffee maker, Leo didn't feel stuck. He simply traded his old truck back to the dealer.
He walked into the dealership, put a small amount of money down, and drove off in a brand-new, top-of-the-line rig. His monthly payments were predictable and surprisingly low.
Leo noticed he had to be careful with his mileage; if he drove too much, he faced extra fees. He also knew that when his lease ended, he wouldn’t own a single bolt of that truck. Ben’s Choice: The Buy commercial truck leasing vs buying
Ben was an old-school guy who believed in "owning your dirt." He used his savings to his truck outright.
Ben customized his truck with a custom chrome grill and a high-end stereo—modifications Leo wasn't allowed to make. After five years, Ben made his final payment. From that day on, he had no monthly truck expense at all. Three years later, when a newer model came
As the truck aged, Ben became responsible for every specialized repair and breakdown. When it came time to upgrade, he had to handle the headache of selling the old, high-mileage vehicle himself. The Moral of the Story
Once upon a time, there were two brothers, Leo and Ben, who each started their own delivery business on the same day. Both needed a heavy-duty truck to get moving, but they took very different paths to get behind the wheel. Leo’s Choice: The Lease His monthly payments were predictable and surprisingly low
Leo wanted to keep his cash for marketing and hiring, so he chose to .