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Corporate Car Leasing | Car Leasing vs Buying

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Upsolv (formerly Jobsurance)

Car leasing or car buying which is better? If your company offers you a corporate car leasing policy then should you go for it or purchasing a car is better?
What is corporate car leasing? Car leasing is a preferred vehicle ownership model where an employee can opt for a car and have monthly lease rental directly paid from their pretax salary by their employer. For this, the enterprise will first need to tie up with the car leasing company, undergoing an onboarding process which involves a credit check, after which the company would need to draft and roll out a company car lease policy for its employees.
This video compares corporate car leasing with car purchasing with examples to help you make the decision. It also covers the tax benefits on car leasing.

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posted by ukinulag1