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Should I Lease Or Should I Buy?


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I'm self employed, and my business is incorporated in California. Which is better for me?

1) lease the car from Lexus

2) buy the car under my name, and write off the "expense" of the monthly payments to my business? The credit union giving me the loan will not allow me to buy the car under the business. They would only do it under my personal name.

What are the advantages and disadvantages for leasing? Thanks in advance.

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Call your accountant who can answer this question to your own personal advantages .

None of us know you exact situation and it would be best to not let anyone know that either.

BTW only make one post for the same question in one forum.

As any duplicates just get deleted.

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