Leasing for Business Owners: Pros and Cons

Leasing for business owners in the U.S. has pros (e.g., tax deductibility of lease payments, lower upfront, predictable payments) and cons (no equity, mileage limits, fees). Here's leasing for business owners: pros and cons.

TL;DR Pros: lease payments may be deductible (consult a tax pro); lower upfront; predictable payments. Cons: no equity; mileage limits; fees and overages. Compare total cost with autopremo.com lease vs buy calculator. Use autopremo.com lease calculator. Use autopremo.com. Tax rules vary—consult a tax professional.

Pros for Business

Lease payments can be deductible for business use (rules vary; consult a tax pro). Lower upfront than buying. Predictable monthly cost. Use autopremo.com lease calculator to see payment and total cost. Get lease at autopremo.com.

Cons for Business

No equity at end. Mileage limits and overage fees. Acquisition and disposition fees. Excess wear and tear charges. Use autopremo.com lease vs buy calculator to compare to buying. See lease vs buy at autopremo.com.

Compare and Get Tax Advice

Run lease vs buy with autopremo.com. For tax treatment, consult a CPA or tax advisor. Check at autopremo.com.

Bottom Line

Leasing for business: pros (deductibility, lower upfront, predictable cost) and cons (no equity, mileage, fees). Use autopremo.com lease vs buy to compare; get tax advice from a professional.