Posted by David G on January 13, 2015 at 07:40:39 from (204.12.184.93):
In Reply to: To Lease or To Buy posted by spudm on January 12, 2015 at 16:10:40:
I think leasing is good if you want a new vehicle every other year and do not drive a lot. I drive about 35K per year, so it does not make sense for me.
I think in business the only advantage to leasing is if you do not have the cash to purchase. I always finance so I get the cash back, then either pay it off the first year and take the 179 deduction, or finance it for the depreciation period so they line up.
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
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