American City Business Journals
From the executive summary: ?Businesses and individuals face a common car dilemma when it comes to new cars. This pertains to whether one should go for the car lease or buy option. When it is a vehicle for business purposes, there are even more aspects to consider. Two issues tend to rule debate on the subject. They are tax liability and cash flow issues. Leases and loans are simply two different methods of automobile financing. The former finances the use of a vehicle while the latter finances the purchase of a vehicle.? The paper examines this issue in detail.