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Is it better to lease or buy an automobile?
This is one of the most common questions we get and we help you to take the guesswork out of it. We navigate through the complex calculations to provide you with the right information to make a final decision. Our analysis answers questions like:
- Can a Corporation have an automobile?
- Should the corporation lease or buy the automobile?
- Is finance or cash payment better?
- Are there any special deductions for green vehicles?
- What are the taxable benefits to the employee for using the corporate vehicle?
- Is there an impact on the Insurance, if the automobile is in in the Corporation?