Quote:
Originally Posted by Hatterasguy
Well the way I understand it because I haven't done it yet is if I buy a car in my business I do get to write the whole thing off in a year, but that is like spending $1 to save .30 cents give or take depending on the taxes your saving.
While a lease is 100% written off.
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Lease payments come off your taxable income. So they let you save 30c in the $ as well.
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Grumpy Old Diesel Owners Club group
I no longer question authority, I annoy authority. More effect, less effort....
1967 230-6 auto parts car. rust bucket.
1980 300D now parts car 800k miles
1984 300D 500k miles 
1987 250td 160k miles English import 
2001 jeep turbo diesel 130k miles 
1998 jeep tdi ~ followed me home. Needs a turbo.
1968 Ford F750 truck. 6-354 diesel conversion.
Other toys ~J.D.,Cat & GM ~ mainly earth moving
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