09/17/2026
A business vehicle can feel like a straightforward decision.
Buy it. Lease it. Write something off. Done.
Except… it's not always that simple.
Your business use, finances, vehicle costs, tax treatment and overall situation can all matter when you're deciding whether buying or leasing makes sense.
That's why “my friend does it this way” probably isn't the best tax strategy. 😉
This is another question featured in the Ask Jill Business FAQ, and it's a good reminder that business decisions should make sense for your business, not just someone else's.
If you're making financial decisions for your business and want more questions answered, visit our website.