CINCINNATI –

With so much buzz lately on used lease options, consumers naturally want to know if their monthly payments on a used vehicle will be significantly lower than for a new one.

To give consumers a glimpse into deals that are out there, Swapalease.com recently compared new versus used monthly lease payments on two popular GMC trucks. 

The new lease monthly payment is based on current payments, and the used lease monthly payment is based on what the payments would be if leased three years down the road.

​The analysis showed that while monthly payments are lower on a used lease, the margin can vary.

The 2016 Yukon 4WD SLE (average MSRP $53,885) runs about $614.57 a month plus taxes for a new lease, and an estimated $424.80 a month for a lease on a 3-year-old vehicle — about 30 percent less.

Meanwhile, the 2016 Sierra Crew Cab 4WD SLE (average MSRP $48,050) runs about $513.61 for a new lease, and an estimated $421.29 for a lease on a 3-year-old vehicle — about 18 percent less.

“There’s plenty of talk in the marketplace about the prospects of used lease deals, which historically haven’t been a large part of lease availability,” Scot Hall, executive vice president of Swapalease.com, said in a news release. “We wanted to provide a snapshot to the industry and to consumers what some average comparison deals might look like as a way to provide education ahead of any possible deals.”

For a complete look at the numbers behind these deals, click here and here.