Quote:
Originally Posted by cuiter23
+1 basically lease if you are a business owner (self-employed). If not, it would be quite a bit cheaper to buy.
Unless you have a lot of money and like to change cars often, then the option will be open to you  |
If you're a small business owner, you basically are the co., I.e. you have no shareholders. If you spend money, it comes out of your bottom line. It makes sense to lease equipment where you don't have cash flow to buy, when the equipment is used to generate revenue. IMHO it's not a no brainer to lease your car. The transit authority purchases hybrid buses, basing them on a twelve year life and running them twenty.