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re: If an employer pays full mileage rate, does leasing make sense?

Posted on 8/3/14 at 7:45 pm to
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45889 posts
Posted on 8/3/14 at 7:45 pm to
I don't want my employer picking out my car. Why should she? Part of working remotely is treating your job as you'd treat your business.

I came here thinking the money board might have people on here who actually understand finance and taxes. Seems like I came on the wrong day. My bad.
This post was edited on 8/3/14 at 7:52 pm
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 8/4/14 at 7:49 am to
quote:

I came here thinking the money board might have people on here who actually understand finance and taxes. Seems like I came on the wrong day. My bad.




If a new luxury car is required for her job they should pay for it or at least provide an allowance. If you don't want them to do that and just want to lease just because, it's your money to blow I guess.

But her getting paid mileage does not make leasing a better choice than buying used. If buying used is not permitted by her employer, she should get a car allowance.
This post was edited on 8/4/14 at 7:53 am
Posted by reb13
Member since May 2010
10905 posts
Posted on 8/4/14 at 8:00 am to
quote:

I came here thinking the money board might have people on here who actually understand finance and taxes. Seems like I came on the wrong day. My bad.


That's definitely a good way to get better advice.

My advice: if you're so well off why not just go ask your CPA to run some numbers for you? Instead of asking a message board?
This post was edited on 8/4/14 at 8:04 am
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