Aegean Finance

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Economy Finance

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Is It Better to Lease or Buy a Car?

Is It Better to Lease or Buy a Car?

Buying A Car

If you plan to purchase a passenger car for the business you own, you can’t allocate 12 months of depreciation in the same year. Monthly depreciation can be calculated from the date of purchase of the car until the end of the year and only this figure can be shown as expense. Let us also remind you that the income tax you pay when buying the vehicle can not be offset.

When you…

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