I'm not familiar with how leases work. Do they pay for all maintenance and repairs? I assume you avoid sales tax when you lease. Are there other fees you have to pay?Lease 3 Yr
2018 4x4 SV Crew Cab Midnight edition
No money down 380 a month 12,000 miles a year
If it were me I would be figuring out the cost per mile for maintenance, depreciation, and taxes/fees to own vs lease for the first three years (36000 miles) of the vehicle's life. You can ignore insurance, fuel, and licensing costs because you have to pay those whether you own or lease the vehicle.
My 2018 SV's cost out the door was $32,143.02. Kelley Blue Book private party value for a 2015 with similar options, 36k miles, in good condition is $21,156. That's about $.31 per mile for depreciation and taxes/fees.
I don't know what maintenance costs for the Frontier will be, but in the first 36,000 miles of owning my 2009 Honda Accord V6 coupe I spent $1,004 on maintenance. Estimate about $.03 per mile for maintenance on the Frontier just to have a reasonable number to work with.
So to own my Frontier for the first 36,000 miles I think depreciation and maintenance/repairs are going to cost me about $.34 per mile x 36,000 miles = $12,240. To lease will cost you $13,680.
It's only a difference of about $1,400 dollars. That's just an estimate, though. YMMV (literally).
There are other things to consider that are harder to put a dollar amount on. What if you decide you want to take a long road trip that would put you over the mileage limit? Would that make you decide to not take the trip and miss out on the experiences and memories? Do you want to mod/customize the truck? Is it allowed if you lease? Do you tend to keep vehicles for a long time or do you usually buy a new vehicle every few years anyway? Lots of non-monetary variables could affect your decision.