It's a tax thing. Lease costs are deductible business expenses. For a personal vehicle, there is only a narrow range of circumstances where leasing makes sense (like a temporary need). Two of my kids leased (vs bought), against my strongest advice, and it hasn't worked well. One used up the allotted miles and had to park the car for the last several months of the lease. The other will need to lease another very soon (with big up-front costs) or buy out the existing lease for too much money. I think this was a case of wanting more car than they could afford and getting trapped as a result.
> -----Original Message----- > From: Curt Raymond via Mercedes Sent: Monday, August 15, 2016 11:15 AM > > I know companies like to lease stuff since it keeps it off the ownership > books ... _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
