[pianotech] vehicle lease

[Gerald Groot]

I drive 25,000 + miles a year so leasing isn't practical for me either.  Too
costly for the additional mileage.  Most only allow 12,000, some, up to
15,000 miles a year.  

 

Jer

From: pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On Behalf
Of John Ross
Sent: Monday, November 07, 2011 3:04 PM
To: pianotech at ptg.org
Subject: Re: [pianotech] vehicle lease

 

Depends on your mileage.

Lease price is 100% deductible, assuming business vehicle. Otherwise just
depreciation, and interest on the loan is deductible.

A lease didn't make sense in my situation, as there was a premium for the
extra kilometres/miles I needed to drive.

With a purchase, you may have some years free of payments, not possible with
a lease.

Things down there may be different.

John Ross

Windsor, Nova Scotia

On 07-11-2011, at 3:44 PM, Tom Driscoll wrote:





List,

  Anyone out there lease their service vehicle ?

My Hyundai Santafe has been great but it's bigger than I need and I'm at the
tipping point so to speak. That is big $ repairs on the horizon.

 I'm thinking about a fuel efficient little wagon --Kia soul, nissan cube.
Chevy  whatever it it's called.

 Any way your collective thoughts, experiences appreciated.

 Tom Driscoll

 

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