41. Consider leasing. If you put lots of mileage on your business vehicle and expect to drive it for less than five years, try leasing. (Beware, however, of mileage limits and nonrefundable deposits, which may make leasing less attractive.) Leasing frees up capital and enables you to drive a luxury car for less.
42. Put your best fleet forward. Ask your dealer if you qualify for a cost-saving fleet incentive program. Though such programs are typically geared toward fleets of 10 or more cars, some dealers will work with small-business owners.
This article was originally published in the February 1997 print edition of Entrepreneur with the headline: Savings Plan.
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