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Opinions On What To Do With My Truck.

GPGuy

By GPGuy
in The Off-Topic Bar

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GPGuy Senior Enthusiast

GPGuy

Posted
Posted

So as the topic says my lease is up in October and I'm tossing around both the idea of buying out the lease and keeping the one I've got or taking the plunge on a new one.

 

What makes me want to keep the one I've got is that it has everything I need, it's been very reliable, it's one of the last Oshawa built trucks (ie. No sombrero on the bow tie) :lol: , the buy out is actually still below what they are going for around here, and would likely cost me less to pay off then a brand new one.

 

Now on the flip side if I were to buy a new one it would have a new warranty, be brand new, the seats probably wouldn't collect lint like a fiend. :lol: But again unless I were to move up to a 2500HD it would come out of Mexico. I could always move up to a 6.2L though too but I don't know. :noway: Although the 5.3L in all honesty give me all the power and towing capacity that I need, but then I've never driven the 6.2L.

 

All opinions or suggestions are welcomed. :)

RyanbabZ71 Senior Enthusiast

RyanbabZ71

Posted
Posted

Tip, if you dont want the 6.2L dont drive one :noway:

Matt_ Senior Enthusiast

Matt_

Posted
Posted

The key is that your lease is up in OCTOBER

 

Here's how this will work to your advantage:

 

Find a dealer that has quite a few 2010 model year trucks on their lot in October and go there. Tell them that you're perfectly happy with your truck and are planning on buying out the lease but are CONSIDERING a new truck.

 

Don't act too excited or eager to get a new truck.. just play the "looking at my options" role. Make sure you go with about 2 weeks left on your lease that way you can "walk out of there" and think about it. And make sure that when you leave, you make it sound like you're not really happy with the price but will let them know "tomorrow". And don't call them tomorrow, let them call you.

 

....does this tactic work? I think so... cause i'm driving a $45k truck that i bought for $32k and only took a $5k hit on my lease turn in that was 32,000 miles over the limit (which would have been $6000 per the contract alone) and lifted 8" on 37s with a few areas with minor body damage. :noway:

jwieps Enthusiast

jwieps

Posted
Posted

Good topic. I just called for my closeout on my SmartBuy today. If I purchased my truck today, as opposed to at the end (after factoring my remaining payments) I could save about $1300. I planned on buying this one out anyways, so thats why I have already purchased a warranty and some extra goodies for the truck. I also booked my truck out and the value was suprisingly around $2000 more than my current buyout. The real advantage for me at this point is that since it is a SmartBuy, I already paid the entire tax amount in full (last 3 have been SB's).

 

Tough choice though.... New truck w/ payments ...

Or someday owning yours outright.

GasHog369 Senior Enthusiast

GasHog369

Posted
Posted

When my smartbuy was up i bought it out ... I knew what i had in the truck, that its been very reliable , and mainly i knew my buyout would be lower than buying another new one :noway:

 

I paid more in the end by smart buying it first , but if i would have bought it out in first place i would not have been able to afford it , and put all my accesories on it while paying it off :)

GPGuy Senior Enthusiast

GPGuy

Posted
  • Author
Posted
Actually for MY2011 they will also be making them in Michigan again.

 

http://www.leftlanenews.com/gm-to-build-15...lint-plant.html

 

Very interesting....I hadn't heard that....hmmmmm Ok so that shoots that justification a bit. :lol:

 

 

The key is that your lease is up in OCTOBER

 

Here's how this will work to your advantage:

 

Find a dealer that has quite a few 2010 model year trucks on their lot in October and go there. Tell them that you're perfectly happy with your truck and are planning on buying out the lease but are CONSIDERING a new truck.

 

Don't act too excited or eager to get a new truck.. just play the "looking at my options" role. Make sure you go with about 2 weeks left on your lease that way you can "walk out of there" and think about it. And make sure that when you leave, you make it sound like you're not really happy with the price but will let them know "tomorrow". And don't call them tomorrow, let them call you.

 

....does this tactic work? I think so... cause i'm driving a $45k truck that i bought for $32k and only took a $5k hit on my lease turn in that was 32,000 miles over the limit (which would have been $6000 per the contract alone) and lifted 8" on 37s with a few areas with minor body damage. :)

 

Considered doing that. I was poking around the lot the other day and they had some with $11k CDN off. But again Sombreros on the Bowties. :lol:

 

 

Good topic. I just called for my closeout on my SmartBuy today. If I purchased my truck today, as opposed to at the end (after factoring my remaining payments) I could save about $1300. I planned on buying this one out anyways, so thats why I have already purchased a warranty and some extra goodies for the truck. I also booked my truck out and the value was suprisingly around $2000 more than my current buyout. The real advantage for me at this point is that since it is a SmartBuy, I already paid the entire tax amount in full (last 3 have been SB's).

 

Tough choice though.... New truck w/ payments ...

Or someday owning yours outright.

Regardless of whether or not I keep this truck I'm going to own my truck this time around. I'm tired of leasing. So are you buying yours out now or waiting until the end of your lease?

 

 

When my smartbuy was up i bought it out ... I knew what i had in the truck, that its been very reliable , and mainly i knew my buyout would be lower than buying another new one :lol:

 

I paid more in the end by smart buying it first , but if i would have bought it out in first place i would not have been able to afford it , and put all my accesories on it while paying it off :D

 

That's why I leased first too. The payments at the time were way too good to pass up and because I had another couple of years of school left I couldn't afford really large payments. But now that I'm done, I want to work towards owning something.

 

Thanks for the responses guys. It helps to hear others opinions and experiences. :noway:

GPGuy Senior Enthusiast

GPGuy

Posted
  • Author
Posted
Tip, if you dont want the 6.2L dont drive one :lol:

OH yeah! I almost forgot this one! :lol:

 

I know exactly what you mean! This is why I haven't. I don't remember the last time I saw one on the lots here, which may be good for me. :) It would kinda be the difference between driving the Grand Prix GT without the supercharger versus the GTP with the supercharger. :noway:

jwieps Enthusiast

jwieps

Posted
Posted

OT. Jerry and Darrick have you seen the BlackBear meet is going to be in Ontario in July?

GPGuy Senior Enthusiast

GPGuy

Posted
  • Author
Posted
OT. Jerry and Darrick have you seen the BlackBear meet is going to be in Ontario in July?

I saw that thread but I haven't gone back to it lately because the truck probably won't be mine and I don't want to mess around with it just yet. :noway:

GasHog369 Senior Enthusiast

GasHog369

Posted
Posted
OT. Jerry and Darrick have you seen the BlackBear meet is going to be in Ontario in July?

 

 

I allready have a wait4me tune.... but i have thought about doing a blackbear to see if it would be better...

 

Only thing is , i dont have my passport or enhanced license :noway: I cant even get up to the duty free now :)

 

Plus , i bet if border patrol looked in the back of my truck , they would not like what i got to blow my train horn :lol:

 

 

 

 

 

 

P5160001.jpg

Nytemare Senior Enthusiast

Nytemare

Posted
Posted
OT. Jerry and Darrick have you seen the BlackBear meet is going to be in Ontario in July?

 

 

I allready have a wait4me tune.... but i have thought about doing a blackbear to see if it would be better...

 

Only thing is , i dont have my passport or enhanced license :noway: I cant even get up to the duty free now :)

 

Plus , i bet if border patrol looked in the back of my truck , they would not like what i got to blow my train horn :lol:

 

 

LOL...Thats awesome...I really want something like that...no one even looks at you when you honk a horn at them anymore...or you just get the finger...I bet this makes people shit they're pants when you hit it.

 

 

I don't think out border guards would give you much of a hassle man....but no passport would definitely be an issue.

GPGuy Senior Enthusiast

GPGuy

Posted
  • Author
Posted

 

:noway: That's awesome!! A buddy of mine has a train horn in his S10 and air bags to go with it. That is one tripped out truck.

GasHog369 Senior Enthusiast

GasHog369

Posted
Posted

"insert thread hijack here"

might as well post whore som pics of my new horns ... They are K3LA's "Nathan Airchimes"

 

P5160007.jpg

 

P5010081.jpg

 

P5010083.jpg

 

P5010087.jpg

 

 

 

 

 

 

 

 

 

"End thread hijack"

 

 

 

:noway:

welscher08 Enthusiast

welscher08

Posted
Posted

I say buy out your lease and keep the truck. From reading the forum and reading your comments you really like your truck! So why not keep it! Plus its red :noway:

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