In a leasing model, the asset’s depreciation is accounted for over time, meaning dealers can defer taxes on that portion of the vehicle's value while still collecting regular payments from customers. This tax advantage, combined with the ability to structure leases that align with customer affordability, makes leasing a powerful tool for dealers looking to optimize both their financial performance and customer satisfaction.
Curious how depreciation could boost your leasing program’s success? Dive into the benefits of leasing and discover how it can help you defer tax liabilities while keeping profits strong.
Read the full article in BHPH Magazine.