Business Car Leasing

Business car lease, otherwise called "commercial car lease",  is a leasing concept wherein cars are leased for business use or purposes. Generally, this is  a more convenient and inexpensive alternative than purchasing a car since businesses are offered a better way to manage their finances. Companies are not burdened with a large capital outlay and business car leasing offers a likely significant tax advantage at the same time.  In general, all expenses associated with a lease can be deducted, including up-front costs, monthly payments, insurance, maintenance, and repairs.

Most business car lease are "open end" wherein the residual value is set low. Monthly payments will be higher however the tax benefits are greater. The business lessee is responsible for the differential amount between the car's residual value and the lease-end market value; although this is now minimized due to the low residual value from open-end type of car lease.

Make a mental note that if the leased car is used both for personal and business reasons, the tax benefits is only applicable to the business related expenses.

What Our customers are saying

The lease rate I got by calling the dealer was $67 higher than the rate I got from Car Leasing Secrets. It’s all about the local competition. So happy with my Benz!
 
Cristoph Wiese
Athens, GA
This is probably the easiest way to get quotes and compare them. I got one from each dealer in my city. One of them was surprisingly low. The quotes are free. No worries there.
Kristen Fletcher
Albany, NY
What a great way to shop around! I wanted a Corolla. There’s only one Toyota dealership in my city but I got a quote for a Honda Civic and decided to go with that one because I got such a good offer.
Mark Dolan
Missoula, MT