This year is a bad year for any business; the auto business is no exception. However, this condition is perfect if you plan to lease a truck because so many brands or dealerships provide fantastic offers to increase sales, which is excellent!
The best truck lease deals can be found on the internet. However, here we have several things you can read when it comes to the best truck lease.
Pickup trucks are associated with many good things, such as low interest rates, affordable fuel prices, and a strong economy. Other than that, some models also indicate the technology used, safety features, luxurious stuff, and so on.
Today, many automakers do many things to make the trucks accessible for anyone with any budget. With some offerings like low down payments and far more affordable expenditures that should be paid monthly, more people have wider options, especially for those who want to own a pickup truck.
Buy or leas? Is leasing a truck worth it?
However, which one is better – leasing or buying a new truck? Long story short, leasing can be the easiest way to get a new vehicle every few years. However, some disadvantages may also be worth considering.
For example, you will be forced to take a big financial step once the lease is expired. The options you have might be returning the vehicle, buying a new unit, buying or lease a new one, or buying the truck once the lease-end price is decided.
It seems like a never-ending journey only you knew how to stop. However, there are a few things you can try to make the right decision whether you will buy or lease a new car. Of course, you may need to master the jargon or get fluent in terms in this industry.
Learn that the capitalized cost is the same as the selling price. On the other hand, you may want to get the lowest number possible. In other words, you need to raise the residual value or lower the money factor or the capitalized cost to get a lower payment.
Other than that, you can hunt for the manufacturer-subsidized lease. This allows you to get the lowest price possible. And in the end, you should make your target and negotiate hard to bring your target to life. To perform the research, you can check the Kelly Blue Book or Edmunds to get the dealer’s invoice cost for any car you want to lease or buy.
Benefits of Leasing a Truck
As we have said earlier, leasing could be the easiest way for those who want a new car for lower money that should be spent. It happens because you only pay for the car for two or three years of use, which sounds like renting a car after all.
However, there are a series of restrictions you need to follow. Still, in this section, we have a series of good things why you better lease instead of buy. Leasing allows you to have a lower monthly payment without a down payment. Even if you need to pay the down payment, the price is low as well.
Other than that, you can drive a better truck for less money. It will be a good thing if you do not want to commit to owning a vehicle. When it comes to the repair cost, you may spend less money because you are eligible for the factory warranty.
Since you only pay for two or three years of use, you can get a new vehicle every two or three years as well. Trade-in is not something you must deal with at the end of the lease. And, of course, you pay lower taxes compared to if you buy a car.
13 Best Truck Lease Deals Right Now:
2020 GMC Sierra 1500
Lease Deal: $229 per month for 24 months with $2,939 due at signing
2020 GMC Sierra 1500 is in the regular cab category. Compared to its successor, this one has a 3.9-liter turbodiesel optional engine. It is also equipped with a 10-speed automatic paired with a 5.3-liter V8 engine.
The truck is also added with trailer cameras and an optional bed-view. For a more luxurious feeling, an adaptive control cruise is now available as well. This series is part of 2019’s fourth Sierra 1500 generation.
You would love the 2020 GMC Sierra 1500 for several reasons. The newest addition of the Sierra 1500 family now has several powertrains available for hauling and towing. Its long cabin allows you to get a comfortable space for the rear legroom.
The pickup truck is also equipped with a massive bed capacity along with a bounty of points when it comes to the in-bed tie-down aspects. The unit is also equipped with a new touchscreen display. The system is more attractive and intuitive.
However, some drawbacks are felt by a few users. The interior design of this unit looks too dated, which also happened to the cabin controls. According to our review, the ride is kind of rougher compared to trucks from other brands.
The materials used to build the cabin are considered subpar, while its extra-large center stack occupies a lot of cabin space. More than anything, the 2020 GMC Sierra 1500 is on the list of our best truck lease deals. It would help if you considered this pickup truck after all.
2020 Nissan Frontier
Lease Deal: $299 per month for 36 months with $2,999 due at signing
2020 Nissan Frontier will be ready to endorse in late spring 2020. So, be prepared because it will be one of the best truck leasing deals you should anticipate. A series of things can be expected its all-new 3.8-liter V6 combined with 310 horsepower.
The new one will completely replace the previous engine. The transmission is automatic with nine speeds that will spoil your experience of driving a pickup truck. The center console is perfectly redesigned, along with its new push-button start.
2020 Nissan Frontier is part of 2005’s second Frontier generation. Until now, all we can say about this pickup truck is that this unit is not a class leader. Even though the new engine addition is worth considering, it would compete with other units like Jeep Gladiator and Ford Ranger. Still, you should consider this on your list as well.
2020 Toyota Tacoma
Lease Deal: $199 per month for 24 months with $1,999 due at signing
2020 Toyota Tacoma is an access cab category. This new unit features Apple CarPlay, Amazon Alexa, and Android Auto smartphone integration introduced. The next new thing about this unit is its surround-view feature and cameras located at its underbody to better off-road visibility.
The unit is also equipped with a power driver’s seat that features seat thigh and height adjustments. What makes this thing different than the old version is its recalibrated transmission logic. 2020 Toyota Tacoma is part of 2016’s third Tacoma generation.
According to our tests, the unit can run on the rugged off-pavement path. Other than that, the interior controls are pretty intuitive yet easily understood. The truck comes with a composite truck bed that can be moved by adjusting its tie-down cleats.
There is a power outlet inside the cabin. If you go with the top level of V6, you can pair it with a six-speed manual transmission. The drawback reported by some users might be on its off-road stuff. Its off-road emphasis leads to a tall step-up height.
We would give 8 out of 10 for this car. A series of tip safety features from this unit include the blind spot monitor, rear cross-traffic alert, pre-collision system with pedestrian detection, and NHTSA overall rating that looks pretty good. Of course, the 2020 Toyota Tacoma should be on your consideration list.
2020 GMC Canyon
Lease Deal: $279 per month for 39 months with $5009 due at signing
2020 GMC Canyon is the next pickup truck on the list you should consider as well. This unit is an extended cab type with a series of upgrades from its previous series. The new features provided include its new remote-locking tailgate that was not on its previous type.
The 2020 type is also equipped with a new tire-fill alert, which comes as the standard operation. Some changes are also applied both on standard and optional equipment, along with safety packages. This series is part of 2015’s second GMC Canyon generation.
According to our observations and tests, this pickup truck has a big towing capacity with diesel four-cylinder and gas V6 engines. The size is maneuverable, while the handling and steering are mannered very well.
Even though the engine is big enough, the vehicle is comfortable driving on almost any surface type. However, the front seats are smaller, especially for larger users.
The rivals from the same class offer storage inside the cabin while the rear seats are folded. The off-road potential is lower and limited due to the front air dam that hangs lower as well.
2020 Ram 1500 Classic
Lease Deal: $279 per month for 42 months with $2,498 due at signing
2020 Ram 1500 Classic may not come out anytime soon. However, if you want to take a look at its 2019 version, we have a few things you can peek at. Generally, the Classic series is the next series of the previous Ram 1500.
The trim is not as many as the last year’s version, while the new appearance package includes the New Warlock. The unit is also available with a diesel engine. The good thing about the Ram 1500 Classic is its smooth suspension for riding, providing you a super comfortable riding experience.
The cabin is attractive and quiet, so you do not need to be bothered by the noise from the outside. The unit is equipped with an automatic transmission with eight-speed capability. However, it does not have wide features like the 2019 Ram.
If you are looking for the latest driver-assist technologies, you would feel like it misses a lot. As we have mentioned earlier, it has a limited trim level compared to the 2019 Ram. Still, the 2020 Ram 1500 Classic is highly awaited and anticipated. While it comes out, you should be checking the unit quickly.
2020 Ford Ranger
Lease Deal: $289 per month for 36 months with $3,689 due at signing
2020 Ford Ranger is part of the SuperCab type. The previous series’s changes include a few revisions on its standard feature, a new package for off-road ridings, and part of 2019’s fourth Ranger generation.
You may like this new Ford Ranger series for its quick acceleration provided by its powerful turbocharged engine. More safety features are available that adopt modern technology.
However, the ride quality is considered queasy when it runs on undulating pavement. The storage inside the cabin is pretty limited, and the infotainment system could be difficult to operate. Compared to its rivals, the 2020 Ford Ranger is not at its best for off-road rides.
2020 Chevy Colorado
Lease Deal: $329 per month for 36 months with $3,759 due at signing
2020 Chevy Colorado is an extended cab type and categorized as the midsize truck. The new version of this vehicle compared to the previous series includes several changes. The tailgate can now be locked by using a remote control.
The standard equipment also gets some developments along with the optional parts. 2020 Chevy Colorado is part of 2015’s second Colorado generation. This series is available in diesel four-cylinder engines and gasoline V6 engines.
It can tow much heavier than the rivals from the same class. With that huge power, the size is maneuverable and equipped with well-mannered handling and steering. It supports comfortability on almost every surface while you are riding on it.
The cabin controls are intuitive and easy to operate. However, you may check the front seats because it is a bit convenient for larger users. When the rear seats are folded, the in-cabin storage is not as many as the rivals.
The front air dam is hanging too low, which limits the off-road experience. The midlevel LT trim is the most enjoyable when it comes to versatility and customization flexibility.
2020 Toyota Tundra
Lease Deal: $229 per month for 24 months with $4,349 due at signing
2020 Toyota Tundra is categorized as a double cab type. New things in this series include the upgraded audio system that now supports Android Auto and Apple CarPlay. The series eliminates the base 4.6-liter V8 engine. The TRD Pro type is offered with either CrewMax cab or Double Cab type. 2020 Toyota Tundra is part of 2007’s second Tundra generation.
The V8 power has now become the standard class. The rear seating is surely roomy and comfortable while the system is equipped with the Standard Toyota Safety Sense driver safety. An assist system is also available to provide a better riding experience. If you are keen on doing off-road riding, you can go with the TRD models.
However, the fuel economy is below the average number. The ride is stiffer compared to other trucks, while it feels a bit larger when you drive the truck on congested and tight roads. The rivals have several customization options than this one. Of course, feel free to consider what your priority is.
2020 Nissan Titan
Lease Deal: $379 per month for 36 months with $3,559 due at signing
2020 Nissan Titan is a King cab type. With the V8 engine, you will get a small power bump as the standard feature. It is equipped with a nine-speed transmission, replacing the seven-speed transmission from the old version. Expanded safety features and driver aids have become the standard features as well.
As we have mentioned earlier, you can choose the V8 engine. The standard engine has offered tons of power. This unit offers plenty of bed storage and in-cabin storage solutions. For those who love off-road driving, the optional Pro-4X package is useful for upgrades. The bumper-to-bumper warranty is pretty generous for sure.
However, there is no alternative engine, and the axle ratio is only available in one type. The design of its cabin is not specifically attractive, while the maximum towing capacity is not as good as the rivals. Of course, some pros and cons are worth weight.
2020 Chevy Silverado 1500
Lease Deal: $363 per month for 39 months with $0 due at signing and no first month’s payment
2020 Chevy Silverado is also part of a regular cab but categorized as a large truck. The new version of this vehicle provides several upgrades. It is equipped with a 3.0-liter turbodiesel engine as an option.
The cruise control is adaptive, which is also a new addition to its technology. The unit is paired with an advanced camera system called Advanced Trailering System to support up to 15 views.
2020 Chevy Silverado is also equipped with powertrains to support hauling and towing needs. The cabin is long, so it provides a nice room for legs in the rear. It supports a massive bed capacity and tons of options of in-bed tie-down points.
Come in with a touchscreen display, the system is easy to use and has an attractive interface. However, you may check the interior part and cabin controls which seem dated. You may feel a bit rougher to ride than the rivals.
Some cabin materials are of subpar quality. The center stack also takes up a lot of space in the cabin. If you want to go with the 6.2-liter V8 engine with the full safety features, you can go with the High Country and the LTZ model.
2020 Ford F-150
Lease Deal: $269 per month for 24 months with $4,579 due at signing
The 2020 Ford F-150 is a regular cab that took second place in the large truck category. The new series offers advanced driving aids in several packages. Some new appearance packages are also available. The system is equipped with a 4G LTE Wi-Fi hotspot with all standard features.
You would love this unit more for its high capacity for towing and play load. Whether you need to work or play, you can rely on this vehicle. The safety tech applied from the basic to luxury living also provides comfort in every angle.
This Midsize Pickup-Truck is equipped with multiple engines that also deliver a balance on fuel economy and power. Off-road experience is fully supported. However, when the bed is unladen, the ride can be a bit rough. After we tested the fuel economy, it fell shorter than the estimation.
2020 Jeep Gladiator
Lease Deal: $251 per month for 36 months with $3,995 due at signing
2020 Jeep Gladiator is surely on the list of the best truck lease deals in 2020. The new series offers the new model-based for the Wrangler SUV model. You would love this unit for its rugged Jeep character that supports off-road experiences.
Other than that, if you are up for a convertible truck, then this one is the only one you can buy for now. The unit also offers a big back seat compared to other pickups in the midsize class.
However, the steering is slightly slower and vague compared to rivals, especially if you try the Rubicon model. At some point, you may experience jiggles while riding. The unit is only available in one engine.
If you want a model for high towing capacity, you can go with the Sport S model. Meanwhile, the Gladiator Rubicon is suitable for those who want to tame the toughest terrain.
2020 Honda Ridgeline
Lease Deal: $469 per month for 84 months with 0 due at signing
2020 Honda Ridgeline is considered the best midsize truck on several review pages. The new features that make this unit great include its nine-speed transmission, which was previously only available at six speeds.
The unit is also equipped with the Honda Sensis technology, which is part of safety features. The standard type includes the Apple CarPlay and Android Auto. Several available trim options include the Black Edition, RTL-E, RTL, and Sport.
2020 Honda Ridgeline is part of 2017’s second Ridgeline generation. The good things about this unit may include its superior handling and ride supported by its independent rear suspension. Its in-bed trunk is large and lockable, while the tailgate can be controlled two-way.
Since the AWD driving system supports it, the vehicle runs smoothly and comfortably on every traction. As a crew cab type, the cabin space is pretty spacious and glamorously finished. However, a few points need to be closely looked out for.
The touchscreen audio display and navigation interface might be a bit frustrating. The low-range gearing is not available, while it has a typical tuck’s underbody clearance. It supports towing, but it can only accommodate as heavy as 5,000 pounds, while the FWD version can tow 3,500 pounds of weight.
Its driving aids are sensitive, and it could be distracting at some point. However, the 2020 Honda Ridgeline is one of the best truck lease deals.