RE: Owning or renting / Besitzen oder mieten

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I find it depends on what you are using it for and how many miles you will put on the vehicle. As a business owner leasing a vehicle was nice because I could write off all costs against taxes so it was dumb not to lease. But if you drive a lot of miles it's better to own. Then again owning has it's maintenance issues and breakdowns. If you own a business and can write it off leasing is the way to go!



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For business, we always lease. It makes the most sense, from an economic point of view. We have, for our business, a holding structure, with different companies under it. One of the companies is managing the property for all others. On cars, each company leases it's own.

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Very smart move!

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For Germany it is the only way to go, else the state is eating 45% of the income.

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