Hey all you CPA / Accountants, help us run down the pros and cons of leasing or buying a commercial vehicle.  Let's assume this scenario; we're a small business looking to finance a delivery truck.  We can afford the monthly payments for a lease or a loan, and we also have enough cash for the initial capitalized-lessors-cost or the loan down payment.

 

What's the best route?  How do all the factors play in: off-balance-sheet financing (lease), depreciation, tax credits, etc.?

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Hello! Do you know how heavy the truck is? Also, it is new or used? Are you interested in just taxation factors or do you keep GAAP financials as well?  I am guessing you have already made your decision, but didn't see any replies, so thought that I would offer just in case!

 

 

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