Danny, a reader of Car guide, owns a 2020 Ford F-150 FX4. With 45,000 kilometers on the odometer, his lease ends next year. He wonders if he should buy back his vehicle or rent a new one.
Our animators Antoine Joubert and Mathieu Roy look into the question.
“Currently, the owner-lessor of a vehicle generally has the best role because the residual value at the end of the term is always – with a few exceptions – much lower than the market value of the vehicle”, explains Antoine. He specifies that this is particularly the case of the F-150.
Photo: Ford
So should he rent a new van? The chronicler does not believe. “We must not forget one thing. Rental rates are now much higher than they were four years ago,” he adds.
Watch the capsule at the top of this article for more details.