Loan
You own the truck once it is paid off. Payments build equity. You handle repairs and resale.
Lease
Payments may be lower, but you may not own the truck at the end. Contracts vary a lot by lender.
Which is right?
It depends on how long you keep trucks, your cash flow, and taxes. Ask your tax advisor about Section 179.
Common questions
Which has lower payments?
Leases can have lower payments, but the total cost depends on the contract and end-of-lease terms.
Do I own the truck with a loan?
Yes, once the loan is paid off. The lender usually holds a lien until then.
What about Section 179?
Ask your tax advisor about Section 179.
Dump Truck Capital is a financing broker, not a lender. We help you shop your deal to lenders. Lenders decide terms. All financing subject to lender approval.