If your truck lease is about to be up or you’re thinking of ending it early, you may be wondering what to do next. Should you turn in your truck and get something new? Or perhaps you’re considering buying the truck you’ve been driving for the last few years. If you’re not super attached to your particular truck, or you’ve been thinking about getting something different, you may want to consider buying back your truck and then selling it for an enormous profit. These pickup trucks were among the most popular trucks in 2020 and will net you the highest profit if you buy out their lease and then sell them yourself.
The 2020 Ram Pickup 1500 will give you the highest profit
The 2020 Ram 1500 is the number one pickup truck on iSeeCar‘s list of most popular cars with the highest profit. If you’re a year into a truck lease on a 2020 Ram 1500 and you’ve been thinking about buying it out and selling it, you could make a huge profit. The average 2020 Ram 1500 is worth an average of 42.5% more than it was valued at. That’s a profit of $10,493 if you buy out your truck lease and then sell your pickup truck.
If you like to always have new pickup trucks, or you have other reasons for wanting to get something new, buying your truck lease out and then selling your truck could get you a lot of money. This is especially true if you own one of the trucks above. While the ongoing supply chain disruptions continue to be a problem, it’s likely that there could be a silver lining for those with the flexibility to make the most of the situation.
Buying the truck lease on your 2020 Toyota Tacoma will net you a decent amount of cash
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Although it’s slightly below the average profit that you’d make if you buy out your lease and sell your pickup truck, the 2020 Toyota Tacoma was one of the best-selling trucks in 2020, and it’s still pretty popular. If you’ve been thinking about getting yourself a new truck, it might not be a terrible idea to buy out your lease and then sell your 2020 Tacoma on your own. iSeeCars says that the 2020 Toyota Tacoma is worth 25.5% more than projected a year ago. Buying out your lease and then selling your truck could net you $7,181.
The 2020 Ford F-150 will earn you an average of about $10,000 if you buy out your truck lease
That’s right, if you buy out the lease on your 2020 Ford F-150 and then sell it, you could make, on average, $10,811. This is 35.5% more than the 2020 Ford F-150 was projected to be worth at this point in time. The 2020 F-150 is number eleven on the list of the most popular cars in 2020, so you’d likely have a good number of interested buyers.
The 2020 Chevy Silverado 1500 is worth 39% more than anyone thought
Your truck lease on the 2020 Chevrolet Silverado could earn you a good amount of money. If you’re thinking about buying out your lease and then selling your 2020 Silverado, know this: it’s worth roughly 39% more than it was projected to be worth now. This could mean that you make $10,830 on your truck. Of course the exact number will depend on a number of factors, including the condition of your truck and what trucks in your area are going for.
The 2020 GMC Sierra 1500 was the fifth most popular car in 2020
Because the 2020 GMC Sierra 1500 was the fifth most popular truck, it should be relatively easy to sell, should you decide to end your truck lease and then sell your truck. If you do this, you could earn an average of $12,609, which is 40.2% more than the 2020 GMC Sierra 1500 was projected to be worth now. You could make a pretty good profit if you choose to do this.