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When you purchase, you are required to pay 100% of the cost of the vehicle. Usually you have to make a significant cash down payment. The burden of price negotiation, purchasing and used car disposal are your responsibility. To get your money's worth, you generally must drive the same car for a longer time, which means higher mileage and a lower resale value. In short, ownership makes it economically more difficult to enjoy the newest technological advantages and styling innovations.
Leasing, on the other hand, places the burden of ownership and used car
disposal with the leasing company. 100% financing is available, requiring no
down payment, and payments can easily be structured to meet most budgets.
Because leasing requires much less cash up front, more of your capitol is
free for other purposes. Most importantly, you pay only that portion of the
car's value that you actually use - the depreciation of the car during the
term of the lease.
For the business professional, leasing offers a way to charge off a large portion as a demonstrable non-personal expense or business cost. For companies, leasing a vehicle or fleet of vehicles not only conserves working capital and improves cash flow; it provides a means for simplified record keeping for tax purposes, budgeting and cost control. Your company's current credit lines remain intact and readily available. Leasing expenses are deducted from gross income before taxes, offering a faster write-off when compared to a purchase. And finally, a fleet of shiny new vehicles is a great way to enhance a company's image. |
Curry Auto Leasing
About CAL
| Services
| Specials
| Used Cars
| Calculators
| FAQ
| Contact Us
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