|
1. Better Investment Opportunities
Regardless of your background, you are likely to turn to leasing
if your available cash resources can be used in more profitable
ways other than in the ownership of automobiles. Instead of
tying up or borrowing large amount of money to purchase a
vehicle, you can acquire the use of a car by paying relatively
low monthly payments.
2. Better Time Management
You will likely turn to leasing if the time and effort to
price, purchase, maintain and dispose of your automobile is
costly and/or burdensome to you.
3. Better Long-term Planning
You will find it and advantage to lease if it is important
to you to be able to plan for and accurately budget car expenses
for two to three years into the future and to have ready records
for tax purposes.
4. Better Administrative Control
You will find leasing an advantage if it is important to you
to have the details of operating automobiles such as maintenance,
insurance, licences and taxes handles without involving the
people who will be using the units.
5. Tax Deductions
You will find it an advantage to lease, in many cases, to
take advantage of tax deductions resulting from leasing. You
should seek advice on this possibility from expert tax counsel.
6. Hedge Against Inflation
Leasing provides you with a fixed monthly rental for two or
three years or longer. On this basis, it provides you with
an excellent hedge against the high inflationary factors that
have been prevalent in recent times.
|