Leasing your car through your business?

[use-IP]

Has anybody got any experience with this?

Any pros & cons to mention?

Any suppliers to recommend (or steer clear of)?

An accountant's view?

In simplistic terms; I'd like a new car - why spend thousands to own one (which I'd have to find/fund) and the car will depreciate greatly, when it would seem to be much better (for cashflow at least) to lease one for a few hundred per month.

Over three years, the lease payments on a new £20K car will probably be approximately the same as that car will depreciate in value.

Debate .....?

[steve]

I have looked into leasing in the past. It was a jump too far for me as they wanted a 3 year term and had some hefty early opt out payments.

What kind of car are you looking at getting?

[use-IP]

Maybe Volvo V70 ..