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Old 12-17-2011, 05:30 PM   #74
rio7
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Just want to throw this out there. For tax reasons, you might want to go for leasing rather than straight purchasing because if you have a small business, and the lease payment can be deducted from your business income, but the payment to purchase car is not considered an expense, but rather - the capital expenditure which should be considered as an asset and taken as depreciation expenses.
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