The Best Way to Buy a Company Car
Take the time to consider your particular circumstances before deciding on a payment plan.
By David Port •
Opinions expressed by Entrepreneur contributors are their own.
Ask three business owners the best way to pay for a company vehicle, and you'll likely get three different answers: buy, finance or lease.
Jonathan Crandall, who runs J.C. Landscaping in Danvers, Mass., is a big believer in holding out for financing deals that pop up at the end of a model year. "If you're in good shape financially and have some working capital in the bank, take advantage of 0 percent financing," he says. "It's free money."
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