Compared to 0% the "tax advantage" does matter much and the interest savings is greater than the "tax advantage"
You can still depreciate the asset and lately we've been able to depreciate 100% of the vehicle in the first year when you purchase. Compared to writing off the lease expense (and if you calculate the actual interest rate of a lease it's WAY above 0%) When interest rates are higher then you could argue for a "tax advantage" of leasing but at 0% they are basically paying you money to finance it because of the time value of money. -Sean On Wednesday, May 27, 2015, Travis Johnson <t...@ida.net> wrote: > Leasing vehicles has other tax benefits that you don't get with buying. > Check with your accountant. > > Travis > > On 5/27/2015 11:28 AM, Sean Heskett wrote: > > Interest rates on cars are so low right now it's worth it just to buy. > > We just got 0% for 4 years on our new tundra. > > 2 cents > > -Sean > > On Wednesday, May 27, 2015, Josh Corson <j...@bluebitnetworks.com > <javascript:_e(%7B%7D,'cvml','j...@bluebitnetworks.com');>> wrote: > >> What has been the experience with leasing commercial cargo vans? Any >> hidden gem companies out there that are awesome to work with? >> Pros and cons? >> >> Thanks! >> >> -- >> *Josh Corson* >> Operations Manager >> BlueBit Networks >> bluebitnetworks.com >> o. 573.355.5381 c. 573.259.3073 >> > >
