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What You Need to Know About Leasing

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This story appears in the October 2015 issue of Entrepreneur. Subscribe »

Leasing

Terminal rental adjustment clause leases let you keep less capital tied up in your vehicles. At the outset of the loan, you negotiate for a higher end-of-term value for the vehicle, meaning you finance less on a monthly basis but will owe more at the end of the term. But you still get to deduct the higher true-market value of the lease on federal taxes.   

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