Commercial Car Leasing: Everything You Should Know

100 THINGS TO KNOW ABOUT GPS AND FLEET MANAGEMENT

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Moreover, the typical lease in general has 12.000 miles on a yearly basis.

It is of a great importance to estimate the mileage before leasing, because otherwise you will have to pay for the additional mileage that is being used at the end of the lease.

Lease Fees and Additional Payments 

Lease fees and additional payments are something that dealers do like to add on each lease contract.

Source: www.cstatic-images.com

So, what you as their future client should try to negotiate these fees out or at least down.

Also, expect for the car leasing company to require an advance payment.

Leased Company Cars and Taxes

Taxes must be considered even when you are leasing a commercial car.

Thereupon, let’s start up with the fact that leased vehicles are not depreciated. Yet, the business driving costs for the leasing vehicles can undergo deduction (it can be done under certain circumstances and limits).

commercial car leasing and taxes
Source: blog.intlauto.com

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