Ivy Zero Finance » Business Leasing

Commercial Leasing – Should You Lease Or Buy?

Posted by finmaster | Leasing | Monday 14 February 2011 23:57
leasing45 Commercial Leasing Should You Lease Or Buy?
The main reason that companies prefer to use a Commercial Equipment Lease as apposed to a Commercial Equipment Purchase Loan is quite simply a lesser cash outlay at the time of the purchase. You generally do not need to put nearly as much down on an Equipment Lease as you do with an Equipment Purchase.Another prominent reason is the fact that with a Commercial Equipment Lease you can turn in the old obsolete equipment at the end of the lease and re-lease new up-to-date equipment.Then there are the tax implications. There are different types of Commercial leases and you may be able to deduct 100% of the lease payment as an expense on your taxes as apposed to having to use a depreciation scale to write off the purchase over time. For the differences between Capital Leasing and Operating Leases in regards to your taxes, speak to your Tax Accountant and they will be able to give you a detailed guide in relations to your business and industry.What can you lease?There are very few items that businesses use that can not be leased. You can lease assets that you
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Leasing Vs Buying

Posted by finmaster | Leasing | Monday 26 April 2010 07:27
leasing Leasing Vs Buying

Let’s start with an outline of the major differences of leasing vs buying a car…

Leasing

The leasing company holds the title to the vehicle You are required to have higher insurance limits, which results in higher insurance premiums Most of your lease payment goes to interest, fees and taxes If sued for a car accident, the leasing company is liable If you decide to buy the car at the end of the lease, you’re paying the equivalent of 84 month financing Sales tax is paid on each monthly payment Payments are tax deductible as a business expense … Continue reading ...

Company Car Leasing

Posted by finmaster | Leasing | Thursday 4 February 2010 08:31
leasing16 Company Car Leasing

Company car leasing is a great way to have the transportation you need for your business. Leasing a vehicle is not something new. In fact, it’s been around for many years but it is more popular today than ever before. Companies, both large and small, can greatly benefit from obtaining their vehicles through a leasing company.

If your company has never leased a vehicle before but you’re in need of transportation now, then it’s certainly something that should be taken under consideration. … Continue reading ...