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 and one out of Dallas. They were able to lease it to me for about the same cost as I could buy it and they covered all non insurable events like oil changes, tire replacements, brakes, and repairs. You may find different now but at the time it was a pretty good deal. On Wed, May 27, 2015 at 12:46 PM, Sean Heskett <[email protected]> wrote: > 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 calculate the actual > interest rate of a lease it's WAY above 0%) > > When interest rates are higher then you could argue for a "tax advantage" > of leasing but at 0% they are basically paying you money to finance it > because of the time value of money. > > -Sean > > > On Wednesday, May 27, 2015, Travis Johnson <[email protected]> wrote: > >> 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 Wednesday, May 27, 2015, Josh Corson <[email protected]> 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 Manager >>> BlueBit Networks >>> bluebitnetworks.com >>> o. 573.355.5381 c. 573.259.3073 >>> >> >>
