What are the advantages of leasing a car as opposed to buiyng one?
452531
Leasing is like renting a car. Cheaper payments and if you want the car at the end you pay a residual which is usually high and not worth it. Ask yourself how long you want to keep the car. I always buy mine and keep them for 7 to 10 years or more. Some people like a new car every 3 years and that's why you see a lot of leases. Financially speaking leasing is a very expensive way to have wheels and nothing to show for it. Other people lease cars through their business and can write it off that would be the only way i would lease a car. Buy it because when it is paid for it is sure nice not having car payments...
128648
A certified used car is one that has been inspected by factory trained mechanics for defects and abuse. \n\nThe advantage is that a certified car will usually come with some sort of extended warranty because of this inspection. \n\nThe disadvantage is that you will pay a little more for a certified car. \n\nWhareas if you simply buy a used non-certified car any problems you have down the road will probably not be covered and you will have to pay out-of-pocket for the repairs. \n\nEither way you should always have a mechanic you trust inspect the car you want to buy before you make an offer. \nIt will cost you a little money but think of it as insurance from getting a complete lemon. \n\nYou can also use any problems the mechanic finds to haggle the price of the car down if you really want it.
205150
There are a couple of ways of looking at this.\n\nSuppose they are leasing the car for you, at $350 per month, and covering all expenses, including gas. Let's also assume you use the car 60% business, 40% personal. Then you're earning:\n\n1. The lease cost: $140 per month;\n\n2. The monthly insurance cost: If your premimum is, say, $800 per year, then that's $27 per month;\n\n3. If the gas tab for all uses is $40 per week, that's $70 per month;\n\n4. If you figure an average maintenance cost of $300 per year, that's $10 per month.\n\nFor a grand total of about $250 per month, or about $3,000 per year, if you figure it on your actual use of the vehicle and what percentage of their costs you are using for your own purposes. That's how the IRS figures your taxable deduction for a business car that's also used for personal stuff.\n\nOr, you could look at it this way: Take the total cost of operating your car last year. If you had a $300 per month payment, $800 in insurance, $800 in gas and $500 in maintenance, then you're getting an extra $5,700 per year in salary.\n\nOr, you could compute it the way the IRS would if you used the mileage-based system of auto reimbursement: They allow you to take 40.5 cents per mile for business use.\n\nSo, if you put 5,000 miles on the car for personal use in a year, you've gotten $2,025 in extra salary.\n\nIt's also important to note that since you are receiving this as a fringe benefit, it's not taxed.\n\nFor example, let's suppose your 2005 adjusted taxable income is $45,750 and you file single. You then owe the IRS $8,109. \n\nIf you add $2,500 cash to that, making your taxable income $48,250, you owe $8,734 -- a difference of $625.\n\nSo, if you got $2,500 worth of car use from your employer, it's like getting another $625 on top of it -- because that form of compensation isn't taxed.
198604
in our country,yes,so when buying or leasing property make sure you check first.if you bought a car and it had many outstanding fines on it,you would be liable.
974256
There is not really any difference.  Leasing a property does not give you any ownership.  However, a lease usually implies that there is a long-term contract of some kind, for example, a one-year lease.  "For rent" can mean that you are renting month-to-month.  No one would say "for lease" if they were only offering a month-to-month rental.  However, "for rent" can and often does mean that you will be asked to sign a one-year lease.  So in all probability, there is no difference.
2094
I have read that it is better to buy one in 2006, but there are a maximum number of cars per make and model that will receive the credit.  Too late for me as I already bought mine.
875383
Just specify it in the lease, and your tenants will be bound by it.  You can charge the tenants for damage they cause from leaking oil.  You probably can't do anything about the out-of-state registrations, these are probably members of the military that have their cars registered at their home states which is legal.
154293
Buying is almost always better than leasing..no matter what the product is. Remember, it's an investment. If you don't own it, how can it be a worthwhile investment?  I leased a car many years ago, just to save myself some money initially. In the long run, I wound up paying MUCH more for this car than I would have if I'd bought it ouright. And I spent all this hard earned money on something I never even owned. Needless to say, I would not do it again!
643414
advantage:\nexpand your market and make more $\ndisad:\nlearning/dealing with different cultures, languages and laws\nunstable governments\ndifferent currencies
1034053
You basically pay more for the car than the selling price - the new amount financed is the price of the car plus the excess loan amount, added together into a new loan.\n\nYou should really keep a new car that is on a loan for at least 2/3 of the loan period and you won't get in this situation.  If you are paying too much interest, make about $40 more in principal payment per month and you will pay the loan off sooner and incur less interest.
985315
Given youre the owner of the company. advantages includes a subcontractor can be called in when necessary rather than having them working for you permanently. You dont have to worry about pension, national insurance, holiday pay etc. disadvantages - subcontractprs may be hard to find in the area you want, they charge per hour, are not under your control
792011
Renting & leaseing are to different things, "renting" basically means month to month payments. Leasing is a pre arranged length of time you will be paying, Exsample ( you will be paying mothly for a year, or whatever length of time is prearranged)\n\n  Yes you will have to sign & date it, it would be a good idea to read it also.
888570
Advantages\n# Profit from your passion, hobby or area of expertise...\n# Work from anywhere...\n# Start Easily...\n# Start Cheaply\n# Enjoy Huge Profit Margins..\n# Your Business is automated, no worries of inventory or late delivery\n\nDisadvantages :\n# People don't treat you right.. they think you are either one of those scammers or have porn sites :D\n# Because the investment is low.. there is too much competition. If you want to jump into this field, stick to it, it'll make money...\n# you become TOO lazy
296372
it all depends on how long you leave it idling, how fast you accelerate (the faster you accelerate tha more gas you use) and if its city or interstate driving... you get better mileage outside of the city where you dont have stop and go traffic...
98251
It really depends on you...\n\nIf you tend to want a new car ever 2-3 years, it may be better for you to lease.  This way, you can pretty much turn the keys back into the dealership and find a new lease.  However, if you put a lot of miles on a vehicle, this might not be the best for you either, as there are usually penalties if you exceed a certain mileage that is spelled out in your contract.\n\nIf you plan on keeping a car for a long time, it is best to buy.  The car will become your asset, as eventually you will have it paid off and it will be yours.  Most new car loans are for 5 years, and sometimes longer, so you get the most benefit out of a purchase if you plan on keeping it for the length of your loan.  This way at the end you either have a vehicle that you can trade for a credit toward a new car...or you simply have a car that is yours free and clear.  \n\nThere is NOTHING better than having no car payment!  However, that means you sacrafice having the newest and latest as your car ages.
257099
you would have to be the owner of the car for the loan to be secured.  The lender may give better terms if someone with good credit co-signs the loan.  However this is a bad idea.  If the person with good credit has the money and is willing to risk it, they should loan it directly.  Because as a co-signer they are putting their money at risk without any benefit.
69572
The major advantages are that there an unlimited number of members allowed, there is generally no personal liability of the members, the entity is not taxed (profits and losses are passed through to the members), ease in filing with the states, and it is generally run through a Manager, rather than a board of directors (great for small companies or one that you wish to be similar to a closely-held corporation)