Originally posted by G Sharp
Since this is a car thread, I'd like to know whether you guys think it's smarter to BUY a car as opposed to LEASING one. Since most of us are self-employed, car leases [and most other car-related expenses] can be written off... would this [and the fact that you only pay for the part of the car's life you actually use] justify a lease over a purchase?
Since this is a car thread, I'd like to know whether you guys think it's smarter to BUY a car as opposed to LEASING one. Since most of us are self-employed, car leases [and most other car-related expenses] can be written off... would this [and the fact that you only pay for the part of the car's life you actually use] justify a lease over a purchase?
It really depends on what your needs are.
I've always been partial to buying, just cause I like to do shit to my car. It's still a business expense, probably don't get as good a tax deduction as leasing though.

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