Here’s my situation: I currently drive a 2006 Subaru Outback. It’s a great car that will last several more years. However, I am needing a truck for work. Hauling tools, wood, and equipment in my Subaru is doable but very limited space and it gets very dirty.
My goal for a truck is a $150 monthly payment (I know it’s low), and currently the best way to achieve that is through leasing a Toyota Tacoma and putting down 10k. My plan to put down 10k will come partially from the resale of my Subaru and partially from saved money. With insurance I’m looking at around $210 each month which is within my budget. If I do this, I plan on purchasing the truck after the lease is up.
Is this plan smart financially? I want to do the right thing and this seems like a good option to pursue for my current situation. Thanks
Edit: I’m unable to store a trailer where I live due to HOA regulations
Submitted October 04, 2021 at 10:08AM by mckaysquirrel https://ift.tt/3Fg4gV6
