When I lease anything in my business I have a lower interest rate , 10 %
buyout or less, and the total of the lease payments is less than the total
payments on a straight loan. Consumer car leases are nearly always bad
deals for the consumer.
----------
> From: David Gloff <dgloff@xnet.com>
> To: dakota-truck@buffnet.net
> Subject: Re: DML: Lease or Buy an R/T??
> Date: Tuesday, February 02, 1999 10:06 AM
>
> >> I see way too many high income executive types driving leased
> vehicles to accept your conclusion.<<
>
> One reason executives and business owners lease vehicles is because it
> makes for an easier tax writeoff, because they don't acquire any
property.
> Therefore, it can be deducted as a business expense, which can be quite
an
> advantage. Personal drivers are almost always at an advantage with
> purchasing as opposed to leasing
>
> David Gloff
> Computer Technician
> Valcom Professional Computer Center; Kemper/Scudder/Zurich Funds
> aolim: dgloff
> Loaded Intense Blue '99 Dakota Sport CC 318 5-speed 3.92SG
> Sony C680 CD Player and HX-504 amp
> Phoenix Gold XS 10" Sub, 6 1/2" midranges, 3/4" tweeters
>
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