We leased from eFleets, a division of Enterprise, and if my math was
correct we saved over buying with cash or 0%. I know it seems odd but they
buy over a million vehicles a year and get better breaks than you or I.
I compared a single vehicle line for line from Enterprise and two loacl
dealers
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
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 wrote:
What has been the experience with leasing commercial cargo vans? Any
hidden gem
Waste of damn time to lease the vehicle IME. I bought a brand new Tacoma,
5 years something like 0.9 or 1.9%. Not a big expense after dealing with
an old rickety Ford for years. The Tacoma's really really hold their value.
Josh Luthman
Office: 937-552-2340
Direct: 937-552-2343
1100 Wayne St
My accountant told me to buy (this was August 2013)
Josh Luthman
Office: 937-552-2340
Direct: 937-552-2343
1100 Wayne St
Suite 1337
Troy, OH 45373
On Wed, May 27, 2015 at 1:33 PM, Travis Johnson t...@ida.net wrote:
Leasing vehicles has other tax benefits that you don't get with buying.
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
Efleet was great to work with
On May 27, 2015 11:45 AM, Josh Corson 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
Hi,
Like I said, you would need to check with your accountant. If you are
buying $500,000 worth of equipment per year, you can't depreciate a
vehicle in a single year, because there are annual limits. In that case,
leasing is a better deal because you can write off the total amount of
the
