Thread View: net.taxes
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Started by Jeff Wallace
Mon, 28 Jul 1986 19:14
auto lease vs. buy
Author: Jeff Wallace
Date: Mon, 28 Jul 1986 19:14
Date: Mon, 28 Jul 1986 19:14
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1221 bytes
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Assuming that deductability of non-mortgage interest payments will
no longer be allowed for personal taxes in the new tax bill, how does
this affect the lease vs. purchase (and finance) decision concerning a
new car for personal use?
Also, if the depreciation schedules and investment tax credit (if
any) are made less favorable for leasing agencies I assume that the
cost of leasing will go up. Therefore, if one is concidering a lease
would it be wise to do so in 1986 as opposed to 1987?
Jeff Wallace
{decvax,ucbvax}!trwrb!felix!jeff
FileNet Corp. Costa Mesa, CA
--
Jeff Wallace
{decvax,ucbvax}!trwrb!felix!jeff
FileNet Corp. Costa Mesa, CA
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