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Why is it better to lease a car if you own your own business?

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Because cars lose their value very quickly, if you lease it through your business you can right off a large portion of the expense. You can also turn it in and lease another before it becomes obsolete. A purchased car is only worth the investment if you drive it for a very long time.

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It has it's pros n cons. It's most likely for people who love cars and cant just stick with one so leasing is the best way to go.

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