| Re: Will I have trouble getting a lease? Thanks TruZoom
Don't take this the wrong way but this isn't a lease or don't lease question. I just want to know the process and if I will be able to lease the said cars at my age.
As far as my personal the tax bracket, it's a business car. I would be writing it off as a business expense. I will use the car to deliver products, get supplies, and commute between my residence and the office/warehouse.
I personally won't pay cash for the car because I can make a higher return on the money than the interest rate.
The tax write off is much better leasing a vehicle rather than owning one IMO. When financing you cannot write off the interest on the loan and you write off depreciation instead of a constant steam of payments. |