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Rent vs lease vs buy

Compare what each option costs for the months you need a truck. The example numbers are placeholders; use real quotes.

How many months you need a truck

Renting

Monthly rental rate ($)

Leasing

Monthly lease payment ($)Lease term (months) (you pay the whole term)

Buying

Down payment ($)Monthly loan payment ($)Loan term (months)Resale value at the end of the loan ($)

For the time you need it

–

Renting: –
Leasing: –
Buying (down payment plus payments): –

Before fuel, insurance and repairs. Buying builds equity and counts resale only if you keep the truck through the loan. For loans, use CDL Loans.

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Your next step

Insurance for your rentalSee the coverage you need before you drive a rented truck.Check coverage If the rental breaks downGet safe, get help and document everything.Breakdown checklist