Purchasing vs Leasing Macan S with business writeoff

overtimegrinders555overtimegrinders555 Member Posts: 2
edited January 11 in Porsche
Hello, I'm exploring options to either lease a new vs buying a used Porsche Macan S

Lease MSRP $70,870, 10K miles, 36 month lease, zip 11753

I'm looking for the best bang for my buck at the end of the day. I can write off more if it's a lease, but I could own a car at the end of financing

Has anyone experienced this situation? What decision have you made?

Comments

  • kyfdxkyfdx Moderator Posts: 187,895

    Hello, I'm exploring options to either lease a new vs buying a used Porsche Macan S

    Lease MSRP $70,870, 10K miles, 36 month lease, zip 11753

    I'm looking for the best bang for my buck at the end of the day. I can write off more if it's a lease, but I could own a car at the end of financing

    Has anyone experienced this situation? What decision have you made?

    I haven't had a vehicle expense for business, but from what I understand, the more expensive the vehicle, the better off you are with a lease, from a tax perspective.

    You can always purchase it, once the lease is up, if that's the way you want to go.

    Or, Porsche might have some sort of commercial lease program, where you lease it for 60 months, but the buyout is virtually nothing at the end. (like a copier). These types of leases often have onerous rates, though.

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