[pianotech] vehicle lease

[John Ross]

Depends on your mileage.
Lease price is 100% deductible, assuming business vehicle. Otherwise just depreciation, and interest on the loan is deductible.
A lease didn't make sense in my situation, as there was a premium for the extra kilometres/miles I needed to drive.
With a purchase, you may have some years free of payments, not possible with a lease.
Things down there may be different.
John Ross
Windsor, Nova Scotia
On 07-11-2011, at 3:44 PM, Tom Driscoll wrote:

> List,
>   Anyone out there lease their service vehicle ?
> My Hyundai Santafe has been great but it's bigger than I need and I'm at the tipping point so to speak. That is big $ repairs on the horizon.
>  I'm thinking about a fuel efficient little wagon --Kia soul, nissan cube. Chevy  whatever it it's called.
>  Any way your collective thoughts, experiences appreciated.
>  Tom Driscoll

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