Maybe, but I'm yet to see a full set of circumstances were it was a better propositon. Most benefits of leasing usually are, no capital outlay, sometimes maintainence is thrown in, and you get a new car at the end of the agreement, no car to sell at the end etc.
Its still dead money imo, and I'm sure there are better propositions out there especially from a business point of view.......
agreed mate, its like renting - why would you if you can buy and invest but sometimes the capital can be put to better use or the capital isnt available at that time
Of course , but your assuming that I'm talking about using Digsy's capital, which I'm not. Take a loan for the new car. Inject money from old zed sale into the company. Monthly payments won't be far off leasing it. 6 months time business goes @*!#. Options when leasing? None. Send the car back to stop the monthly payment. Not going to keep the company afloat. Options if bought via a loan? Sell the car immediately and inject the money into the business. Ok the monthly payments continue but if the £20k injection keeps the company afloat thus turning it into a profitable outfit then its a no brainer. The worst that can happen is that the car is sold, the money goes into the company, it fails and your left with a loan to pay. I don't think Digsy is the sort of person to go into something like this blind so I'm pretty sure he knows, given time, he's quids in.
Alternatives make the mind stronger.......