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    3. I am a contractor for the Oil and Gas Industry; for tax purposes, is it better to lease or buy to own a vehichle?
    I am a contractor for the Oil and Gas Industry; for tax purposes, is it better to lease or buy to own a vehichle?

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    0  Views: 300 Answers: 3 Posted: 11 years ago
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      3 Answers

      There are many factors involved in that decision.  Ask your accountant.

      11 years ago. Rating: 3
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        That depends on numerous factors such as, place of residence, term of lease, accumulated mileage, specific use of vehicle, specific make and model of vehicle, personal use of vehicle, etc. There is no one answer that fits all.


         

        11 years ago. Rating: 1
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          Yes it would be better to buy !

          11 years ago. Rating: 0
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            Ducky

            Moderator
            Not necessarily. We need a lot more information to be able to say, one way or the other.
            commented 11 years ago


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