Yeah, I’m in the same boat! I was looking to trade my 2020 Silverado for a new one, and the lease prices are absolutely insane right now. I couldn’t believe it when they told me it’d be almost double what I’m paying now. Like you, I’m just going to buy out my current truck when the lease is up. It’s in good shape, I know how it’s been treated, and honestly, I can’t justify those crazy monthly payments for a new one that’s barely an upgrade.
It seems like prices have just gone wild across the board—trucks, SUVs, everything. Add in higher interest rates, and leasing isn’t the deal it used to be. A friend of mine had the same issue with his Ram, and he ended up buying it instead of leasing something new too. Fixed income or not, $800+ a month is hard for anyone to swing!
