Truck Lease Guide 2025
Find the best truck lease deals of 2025. From full-size workhorses to mid-size versatility, we break down everything you need to know about truck leasing.
Key Highlights for Truck Leases
- Trucks typically have strong residual values, often 55-58% after 36 months
- Current money factors averaging 0.00175 (4.2% APR equivalent)
- Best truck lease incentives typically appear in Q4 and Q1
- Consider special commercial lease programs if using for business
- Fuel costs are a significant factor in total cost of ownership
Best Truck Models to Lease in 2025
| Model | MSRP | Monthly Payment | Monthly Energy | Total Monthly | Residual |
|---|---|---|---|---|---|
| Ford F-150 XLT | $49,995 | $489 | $175 | $664 | 58% |
| Chevrolet Silverado 1500 LT | $50,995 | $499 | $185 | $684 | 56% |
| RAM RAM 1500 Big Horn | $48,995 | $479 | $195 | $674 | 54% |
| Toyota Tundra SR5 | $51,995 | $509 | $155 | $664 | 59% |
Frequently Asked Questions About Truck Leases
Are truck leases more expensive than car leases?
Typically, yes. Trucks generally have higher MSRPs than comparable sedans, which results in higher lease payments. However, they also tend to have stronger residual values, which can partially offset the higher cost. Additionally, fuel costs are usually higher for trucks, so factor that into your total monthly expenses.
Can I negotiate a truck lease?
Absolutely. While residual values are set by the leasing company, you can negotiate the selling price (capitalized cost) and the money factor. Additionally, ask about available rebates and incentives that can lower your monthly payment.
Should I lease a truck for business use?
If you use a truck for business, leasing can offer tax advantages as the full lease payment may be tax-deductible as a business expense (consult your tax advisor). Many manufacturers also offer special commercial lease programs with more favorable terms for business users.
What mileage allowance should I choose for a truck lease?
Truck owners tend to drive more than sedan owners on average. While standard leases offer 10,000-12,000 miles per year, consider a higher mileage allowance of 15,000 or even 20,000 miles if you frequently use your truck for long trips or work purposes.
Truck vs. Alternative Vehicle Types
Truck vs. SUVs
Truck Advantages
- Higher towing capacity and payload ratings
- Open bed for transporting large items
- Often available with more powerful engine options
- Better for off-road capabilities in many cases
Truck Disadvantages
- Lower fuel efficiency than comparable SUVs
- Less interior passenger space than 3-row SUVs
- Can be more difficult to park in urban environments
- Typically higher monthly lease payments
Truck vs. Electric Trucks
Truck Advantages
- Lower maintenance costs with traditional powertrains
- No range anxiety on longer trips
- Faster refueling versus charging times
- More established resale/residual value metrics
Truck Disadvantages
- Higher fuel costs compared to electric models
- Higher emissions and environmental impact
- Miss out on EV-specific tax incentives and benefits
- Less torque than electric truck counterparts
Ready to Compare Truck Lease Options?
Use our lease comparison tool to find the best truck lease deals based on your location, driving habits, and preferences.