Your business needs vehicles suited for the job, and buying them has been the traditional route. However, your business can take advantage of a Volkswagen lease at Patrick Volkswagen to acquire company cars without purchasing them outright. To see what benefits leasing a new Volkswagen car can provide, here are the key factors to consider.
Lower Initial Payments
If you don’t want to pay a lot out of pocket for a new vehicle, leasing is undoubtedly the better option for your company. With a Volkswagen lease, you get the vehicle you’re after while also reducing your initial payment. In addition, your monthly lease payments will usually be lower than those of an auto loan.
Leased Vehicle Warranties
Leased cars are new, so they will typically be covered by their original new vehicle warranty. This is important for business vehicles as you may want that extra insurance.
Newer Models
You’ll have to trade in the vehicle when your Volkswagen lease ends. However, you’ll be able to trade it in for a newer model if you desire. This allows your company to stay on the cutting edge of Volkswagen technology and innovation, adding newer models to your fleet on a regular basis.
Tax Deductions
You can still apply for business tax deductions with a leased vehicle. For business vehicles, you can deduct lease payments from your taxes, provided the vehicle is used primarily for your company. In addition, regular tax incentives like fuel and repairs are also applicable for leased cars.
Secure a Volkswagen Lease at Patrick Volkswagen
If you want to add a new Volkswagen vehicle to your business, you’ll want to investigate leasing versus buying. Contact Patrick Volkswagen today to find applicable Volkswagen lease options and explore other business incentives.