Depreciation and the dealer’s ability to defer Federal Tax liability is one of top three advantages Lease-Here, Pay-Here dealers cite as the initial reason they considered the product. In 2018, the Tax Cut and Jobs Act included a section called, “Bonus Depreciation.” Watch the clip below to learn how Bonus Depreciation has made LHPH even more advantageous to dealers.
Learn more about all the benefits of Lease-Here, Pay-Here by downloading our LHPH E-Book.