Home – New Forums Money matters Buying Vs Leasing a vehicle for business Reply To: Buying Vs Leasing a vehicle for business

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beancounter
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There’s no simple single answer to you question – It depends on
1) how your business is structured – whether it’s a company / business /sole trader purchase
2) your business / personal tax situation
3) how long you intend to have the lease / purchase the item

Too many variables to give a “general” answer here

Speak to your accountant, assuming that s/he has a handle on your financials – A solution that suits one business may have an adverse effect for another business