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BUYING OR LEASING A CAR

In this day and age people need to have a car for transportation purposes. Often, they don’t know the best way to get the car. However, there are two different choices for getting a car. The first option is purchasing a car which can be owned, and the second one is leasing a car through a company. Each choice has an effect on the budget. It is better to buy a car than to lease one.
Leasing a car is not a bad idea for individuals who own a business because it is considered a business expense and can be written off of there taxies. Unfortunately, not all people have their own business, but in fact work for companies, so leasing a car is not the best choice for them.
When a person leases a car it will never become his own, even though he continues the payments every month, and he won’t have the feeling of “owning a car”.
A leased car is always new, so the person who leases it doesn’t have many mechanical problems. In addition, the new car ...

Posted by: Alexander Bartfield

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