Since quite a few people have brought this up, i am going to put down this topic once and for all...
Yes, my truck is a lease.
Yes my lease Ends August 29, 2007
Yes I am BUYING my truck.
Why?! Well, I been watching my truck on the lots... and I also did a little homework of my own, lead on a couple local dealers that I was interested in another ranger, same year, and trim line, and the lowest they will go on my truck is $14,000.
My buy out is $11,100. I cant replace my truck for that price, nor can I afford to lease another truck, or buy one for that matter for the payment I have now. It is not possible, unless ford comes out with them killer deals like they had in the summer of 05.
So, to put this all to rest I AM BUYING MY TRUCK!
Is it financially responsible? Probably not... but It kept my payment down, and it got me into a new vehical which i know the hiostory of. knowing the history and how it was taken care of is huge in used vehicals. and i know my truck quite well. and considering the shape its in, its worth more than the $11,100 buy out. its in EXCELLENT condition, no rust at all, pull my wheels, look under neath, crawl around the engine compartment, its all CLEAN and rust FREE! hell, no vehicals on the lot arnt even rust free... but mine is. With all the work I have put into it, and the fact that i will not be able to replace it anytime soon with anything remotely as nice, me and dad have decided to keep it since its been pretty damn reliable. I must admit tho, my truck has NEVER failed to start.
so now maybe all u 'isnt it a lease' people will relax!