Timeline for Is it advisable to go for an auto loan if I can make the full payment for a new car?
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| Aug 18, 2016 at 23:06 | comment | added | Xalorous | What are US companies reimbursing? Are you speaking of car used for work required travel? If so then I agree and company leased car is the way to go. Followed by a personal lease (unreimbursed expenses for this are tax deductible, in part, IIRC.) Then there's buying a car outright and deducting as much as you can of unreimbursed expenses. Finally financing a car and deducting. I also agree that financing a depreciating asset is bad financially. | |
| Mar 22, 2016 at 14:40 | history | answered | Pete B. | CC BY-SA 3.0 |