Ready to upgrade your vehicle for work? Want an Alfa Romeo lease but want tax benefits too? You’ll be happy to hear, there are still perks to leasing a vehicle from Helfman Alfa Romeo of Houston.
What’s the Difference Between Financing and Leasing?
When you finance a vehicle, you are working towards making it yours. With every payment you make, you are building up equity. It is yours to use and customize as you see fit.
When you lease, you make an arrangement with our dealership to rent the vehicle. You first agree to a term. Then, at the end of your term, you must return the vehicle to your dealership.
What are the Perks of Leasing?
Even though it may seem like you have more freedom when buying, there are still many reasons to lease instead. Leasing almost always costs less than financing, since you’re only paying for the depreciation of your vehicle during your term.
Plus, you have the benefit of modern features and technology, which can help make your day so much easier. You’re also less likely to have issues with a new vehicle. And, if an issue should pop up, it will likely be covered under your warranty protection.
But, I Want the Tax Benefits of Buying…
You may be surprised to hear, but you can still write off a leased vehicle in the same way you can one you purchased; there is no rule that it has to be a vehicle that you own. If you own a business and use your vehicle for work, you can write off your vehicle expenses or your mileage.
We encourage you to reach out to our Alfa Romeo finance center with any questions you may still have or stop by to start shopping today!
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