Our business guy says leasing is actually the most expensive way to own a car.......... I can not as we drive too many miles.....Also you take a huge hit if you go over the annual mileage allowance most leases charge a per mile, mileage rate over the base miles. To the average Joe there is no tax advantage nor to many businesses. If you take a tax deduction then any personal miles need to be accounted for. If you own the car then you can take the business mileage, and a portion of the interest. Talk to your tax person!!!!!!!!
We bought a new car in Sept 2014 & already have over 20,000 miles on it. If we had leased it we would already owe about $5000 extra dollars. We had a person at work that leased a car She had to pay an extra $4000 as she went over the mileage allowance for the lease term..... Beware !!!!