I think this topic has been beaten to death, but I'll admit I still don't understand leasing fully. So, beyond, please advise me on the following scenario.
Vehicle cost: $50k (new low/mid option F150)
Finance rates up to 72 months 1.9%
Lease rates up to 48 months 2.9%
I have ~25k I could put down, but would likely put down less and leave the remainder in a low-ish risk investment earning ~5%.
I fully intend to keep this vehicle more then 5 years. I've owned a vehicle of this type for at least the last 10 years.
So, monthly payments are nice when they are low, and leasing payments are lower, but then ya gotta buy out the vehicle at the end of you want to keep it. I haven't had a vehicle payment in a decade, and I remember I kind of hated it, so I may want to pay this out faster if possible.
How does beyond advise I analyse this situation?