“To buy or to lease? That is the question.”

Hamlet asked, “To be or not to be?” But there’s another important question he should have asked…

“To lease or to buy a new car?”

The answer to this question is not an easy one. And if you come up with the wrong answer, you could end up paying a lot more than you should and miss out on some big tax savings.

That’s why my new article is so important. It lists the ten factors you should consider before you go car shopping. You’ll get the whole story when you check out Tax Tips: Buy or Lease: 10 Tax and Money Factors That Decide.

Three ways our fact-filled article can help you:

1. We’ll warn you about the “conventional wisdom.” Most people think that buying is better if you want to own your vehicle and that leasing is better if you don’t care about ownership. These simple assumptions can get you in hot water fast. Find out how when you read the full article.
2. We’ll explain the risks involved when you buy or lease. The fact is,  you’re making a residual-value bet whether you buy or lease. When you buy, you bet against yourself. When you lease, you bet against the house — the lessor. All will be explained when you read the full article.
3. You’ll learn the tax implications of your transaction. Whether you buy or lease, you’re generally allowed to deduct the business costs of your vehicle. There are two ways you can deduct those costs. We’ll list them when you read the full article.