Startups need to be sensible with their scarce resources. You have heard of "not putting the cart before the horse, right?" The startup should make sure it is extremely efficient with its capital. Should a startup buy or lease its car?
The reasons why startups might want to lease cars is 1. Affordability, 2. Efficient Capital Usage, 3. Tax Benefits and 4. New Car Trade-Ins. Leasing tends to offer a lower monthly payment. The short-term lease is more efficient than a lump-sum purchase. You might be able to write-off the car as a business expense. You can trade in the automobile for the newest model.
We want you to look great when you are hosting or visiting your important clients. A luxury SUV might be the best for your startup. We have plenty to choose from at our dealership. We can talk about leasing or buying, what do you need?
Categories:
Finance
