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Stevens Point, WI
I would ask your accountant. They can give you the best answer, unlike any of us here who are not CPA's. You can tell we love to use professionals who are focused on issues like that. A
I have leased since being in real estate. Keeps me in a modern vehicle and the payments are low.
I am a buyer, not a renter.
I am not interested in the many complexities related to leasing vehicles. Much simpler to buy it.
I own my Subaru, and I'm about due for a new one. I will own that one, too.
We bought our vehicles.
I buy my cars.
I own my SUV for 12 years!
I've been leasing for years. New are every three years. My husband keeps my books and runs our S corp and says it makes more sense for me.
I buy my vehicles and typically keep them for around 10 years.
Paul S. Henderson, Realtor, Tacoma Washington I purchased it so it is pretty much depreciated. It may be be more beneficial to lease, but I didn't want to be bothered with lease payments, etc.
I buy and only leased one vehicle.It drove me crazy worrying about going over the mileage or doing somethng that would devalue it at the end of the lease. Not a program for me.
I bought my realtor car. It was two years old and I've had it for six years. Owning seems like a better value than a lease.