It’s month to month, you can cancel at any time with no penalties.
Insurance, maintenance and roadside assistance, you pay one price for everything, no need to have any outside expenses – you just pay for the fuel.
No personal guarantees, regardless of how long you have been in business or your credit standing.
We can do this with any vehicle you are looking for: cars, trucks, SUV’s, CUV’s premium luxury, any vehicle you want for your business, whether it’s for a few months or longer.
We are not CPA’s or tax experts and recommend you contact your local CPA or tax expert. According to Mike Broemmel who wrote a great article titled: What is the Tax Write-Off for Renting a Car for Your Business? There are a few advantages to renting a car for business purposes instead of leasing it. Please refer to his full article for complete information on this subject. I will attempt to summarize below the key points.
1. 100% of the legitimate business use of the car can be deducted. Minus, personal use costs.
2. You can take the full deduction for rental fees in the year expended, according to the IRS whereas if you purchase a car, you must deduct the cost as a capital expenditure over the course of a number of years.
3. Fuel costs are deductible if used for business purposes.
Again please see the IRS and/or your Tax expert for how this applies to you but if you’re interested in learning how to switch from leasing or financing your business vehicle to renting, contact us today!
There are thousands of Rent to Own vehicles available today some as low as $0 down
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