: Business owners can often deduct lease payments as a business expense. Cons
: You can customize the car (tint, sound systems) and drive unlimited miles without penalty. pros and cons of leasing versus buying a car
“I personally think you should never, ever ever ever, lease a car... you're pouring in money each month with nothing to show for it.” CNBC · 7 years ago : Business owners can often deduct lease payments
: Lower monthly payments might allow you to drive a higher-trim or more expensive model than you could afford to buy. you're pouring in money each month with nothing
: You must return the car in "showroom condition" (minus normal wear). Dents or stains can lead to hefty charges at the end of the term.
“Buying... is way cheaper in long run if you take care of it and are willing to drive a 5-15 year old car once it's paid off.” Reddit · r/personalfinance · 2 years ago
