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When Leasing is Better Than Buying a Car | Tax Tip of the Week | No. 108
Leasing can make sense for certain people in certain situations. Leasing, however, isn’t for everyone. Here are some of the factors we consider when clients ask us whether they should lease or buy:1. If you drive less than 15,000 miles per year, and if you buy a car every few years.2. If you have a steady income stream, and/or3. If you are self-employed and use the car for business.