Should I Buy or Lease a Car for My Small Business?

Should I Buy or Lease a Car for My Small Business?

Should I buy or lease a car for my small business? And should I buy or lease a car under my name personally, or through my small business or corporation? As chartered accountants based in Toronto, these are the two most common questions we hear from small businesses, independent consultants, engineers and project managers.

So, if you’re a, contractor, entrepreneur or small business wondering what the answer to those questions might be, that is what this business video is all about.

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  1. InstTaxSolutionsLLC September 12, 2013

    There are indeed many questions that business owners should ask about how to establish their business vehicle. It’s also important they keep proper records so they can substantiate their deductions as well.

  2. MelloMan2008 September 19, 2014

    I dont understand–  “if your assets are owned by the corporation, you have limited the liability to your assets”?

  3. October 7, 2015

    Hi Andrew,
    Great video

  4. gotthemgoing April 5, 2016

    This video is crap

  5. Wayne Howland December 12, 2016

    Business car

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