Maintenance. I have three locations. Only one of them has anyone that can discern Motor Oil from Olive Oil. I did it primarily because Enterprise Fleet Services has about 75 ASE mechanics in a call center that shops have to gain approval from to get paid to do work. I was getting drilled every time one of my vehicles went for an oil change or got any kind of service. The ASE guys also have database access of national, local, and historical parts cost and they negotiate with the service provider on pricing. The first year it saved me more than what the leasing fees cost. Basically anything that is not an insurable or abuse event is covered. You do have to opt for that and pay a reasonable fee for it.
Tax. They try to sell the tax advantage but with Sec 159 there really isn't one in my case. Price. Somebody like Enterprise Fleet buys over a million vehicles a year. They get unbelievable pricing and are very transparent with it. I could lease my vehicles, get maintenance for 3 or 5 years included (including one set of tires, brakes, and all recommended oil changes and services) and it only cost me about $2,000 more than buying the vehicle outright. The total price of all that has routinely been a couple thousand less than any price I could get from a dealer. Cash. The last reason would be cash conservation. I have one more reason but am hesitant to discuss it on a public forum so you can email me privately and we can discuss it. I did approach a couple of local dealers and try to negotiate an all inclusive maintenance plan for similar money, which I thought they would jump at, but nobody wanted to do it. I know I would have if I was them. On Tue, Jan 30, 2018 at 9:14 AM Adam Moffett <[email protected]> wrote: > Lewis mentioned that he leases company vehicles. What's the scenario > where you'd rather lease than own a vehicle? > >
