Leasing vs Buying a Car: Save Thousands in TAXES by Leasing Your Next Car!

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Leasing vs Buying a Car: Save Thousands in TAXES by Leasing Your Next Car!

A lot of people don't know this, but by leasing a car, you can actually say thousands of dollars in taxes. As an example, let's say you finance a $50,000 car. Well here in the state of Washington, you would have to pay $5000 in taxes straight away, and it doesn't matter if you own the car for 10 minutes or for 10 years.

Now, when you lease a car, you only pay taxes on the depreciation, not the full price of the car. This alone can save you thousands!

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