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jvpodd

We are about to purchase a 2nd hand car. We wonder if there are any benefits for leasing rather than buying.

Regards,
John

Anon

Hi there,
Leasing is primarily seen as an advantage for business use where tax can be claimed. But for a private individual it might be seen as similar to renting a house; at the end of the day you walk away with nothing but a good experience living in a house you can't really afford to buy. Here is a link with some interesting info: https://generateaccounting.co.nz/should-yo-lease-or-buy/