It depends on your financial qoals. Some states such as PA have favorable tax advantages to business owners who lease their vehicles, so for these people it is a wise decision.Jsen7 said:putting $$$ down on a lease is just plain dumb and throwing money away.
tax write-off baby! :thumbup: I'm a partner in a daytrading firm and don't pay taxes until end of year. i was only able to write-off up to $4,000 a year of payments on a finance but instead i'm writing off 90% of my lease payments with only 1.9% interest. if i had an M3 and was paying let's say $900 a month, i'd be able to write-off $333 a month on a finance and $810 a month on a lease. if you were smart, which would u do? if your referring to a down payment, your right, try not to put anything down upfront, not even taxes.Jsen7 said:putting $$$ down on a lease is just plain dumb and throwing money away.