Why You Should Buy A Truck Instead Of Leasing


As fellow truckers, we know not everyone has enough cash to buy a truck on the spot, and that’s why some of us opt-in for truck leasing. The idea of leasing a truck for a significant amount of time may sound amusing, however, there are a number of things that you’re missing out when you’re leasing it.

One example of this is that you don’t practically own the truck, you’re just renting it out for a significant amount of time, while having an option to renew the contract or buy the truck at the end of the deal.

Another is that you’re not getting a brand new Truck Loans Canada, this means that you will be operating a truck that has been used by other people for various expeditions.


Using a used truck may bring problems while you’re working, things such as unexpected breakdowns, frequent services, and or even sudden bursting tires may occur.

Not only that, the hassle of having to go through all the leasing paperwork may bother you, considering the fact that you will be renting a valuable property for a long time.

When you’re leasing a truck, you also have to make sure that you are not causing any damages to the vehicle, remember, some leasers conduct annual checkups on the vehicle that they own, just to make sure that you’re taking good care of it.

Talking about the contract, in case you break something in the agreement, there is a huge chance that you may be facing legal charges.

Another thing that you might want to think about is the cost, remember, in some instances, truck leasing can end you to cost more money compared to just buying a new trailer truck. Some of the key points that you should note are rental fees, additional charges, Prorate Filing Alberta, premiums, hidden fees, Truck Insurance Alberta, and service charges of the vehicle.

With all these things in mind, we agree to conclude that buying a truck is more convenient that leasing a truck.
Remember, buying a truck removes the hassle of constantly thinking that the truck is not yours, that the truck should be handled with extreme care or you might end up paying fines or lawsuits, and the fact that you’re spending a lot of money on something that is not even yours.

The choice is yours, but if you listen to us, you would benefit more!

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