Best Truck Lease Deals [August Edition]
Truck sales are dragging and manufacturers are hungry to sell. This makes it a great time to buy or lease a new pickup truck. Some of the best lease deals released each month are specifically centered on trucks.
Trucks are very capable and versatile with their high towing capacity and large bed/cargo space. Often overlooked, some trucks are available with high-end, luxury materials and the latest technology features.
Below we share our picks for the best truck lease offers this month.
Best Truck Lease Deals
Below is a list of some of the best lease deals on trucks right now. Manufacturers consistently put out attractive lease offers on their line of 2019 and 2020 pickup trucks.
#1 Deal: 2020 Ford Ranger
Lease Deal: $254/month for 36 months, $2,815 due at signing
#2 Deal: 2020 Honda Ridgeline
Lease Deal: $339/month for 36 months, $3,299 due at signing
#3 Deal: 2020 Nissan Titan
Lease Deal: $379/month for 36 months, $3,999 due at signing
#4 Deal: 2020 Toyota Tacoma
Lease Deal: $279/month for 36 months, $2,999 due at signing
#5 Deal: 2020 GMC Sierra 1500
Lease Deal: $299/month for 36 months, $4,059 due at signing
|2020||Ford||Ranger||$254/month for 36 months, $2,815 due at signing||8/3/20|
|2020||Honda||Ridgeline||$339/month for 36 months, $3,299 due at signing||8/31/20|
|2020||Nissan||Titan||$379/month for 36 months, $3,999 due at signing||8/3/20|
|2020||Toyota||Tacoma||$279/month for 36 months, $2,999 due at signing||8/3/20|
|2020||GMC||Sierra 1500||$299/month for 36 months, $4,059 due at signing||8/3/20|
Frequently Asked Questions
Truck payments can actually be cheaper than payments on a car selling at the same price. This is because trucks typically have higher residual values which result in lower lease payments for you. See our picks for the best truck lease deals.
Leasing in general depends on a variety of factors. Read about whether it is better to lease or buy. One consideration for pick-up trucks is how much utility or off-road use you expect because you may have to pay for damages beyond normal wear and tear at the end of the lease.
Yes, you can modify a leased truck. However, it’s not a good idea because you’ll have to return it to factory condition (without modifications) at the end of your lease unless you decide to buyout the lease and keep the truck. See our picks for the best truck lease deals.
There are two main leasing options if you will use your truck for business purposes. You can simply get a normal truck lease from a dealer and ask your accountant to help you treat it as a business expense. Or, you can get a commercial truck lease from a fleet manager which is often done if you are leasing more than one truck. See the latest list of fleet discounts across all car brands.