Monthly payment

[Mervin the Maverick]

What are ya'll paying per month? I am financing a 2023 ecoboost. $33k after taxes fees. Trading in my car for a minimum of $8.5k. $5k down. 7.7% interest rate. $379 per month.

$320!

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[NorthShoreMaverick]

I am paying $399 a month on a 36 month lease with $2000 down back in January 2022. $500 of that $2000 was covered by my first responder discount. My interest rate is 3.1%.

I decided to lease because it was first model year for this truck and I didn’t know how reliability would be, but looking back on it the slightly higher monthly payment to finance was the much better choice.

I now have to decide what to do with my lease when it ends a year from now. I love the truck and will most likely purchase it outright for the buyout price of $20,570 or finance it if for some reason interest rates drop.

Thoughts?