Tax benefits for business drivers: If you use your vehicle for business purposes, you might be eligible for more substantial tax deductions if you lease instead of finance it. This is also beneficial if your situation changes and you need a larger vehicle to accommodate a growing family or a more efficient vehicle for a longer commute. New car more frequently: If you opt for a short-term lease, you can get newer models more frequently. A lease allows you to contract to use part of the value instead of the full value of the car.
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