Everyone will have a slightly different take on this depending on their lifestyle and needs...
My personal reasons for suggesting a lease:
- Advancements in technology effect changes in vehicles at a pace like never before. Model life cycles seem to be shorter than ever.
- I feel like after 2-3 years, a vehicle is "outdated"
- The lease is a better write-off for the Inc...
- I don't want to be married to the car for 5 years.
- Most cars shouldn't be treated as investments, put as little money toward the capital cost, and always let the bank eat the depreciation.
- Swapalease.com