Yes, you can get a Ford lease for your business, allowing you to drive the newest Ford vehicles while increasing your deduction. Find out more below, then visit us at Helfman Ford and find the perfect vehicle for your business today!
Can I Lease a Car for My Business?
If your car is being used for the purposes of the business, you can lease a car under your business’s name. This allows you to maintain a more flexible fleet of vehicles. The end of the lease lets you adjust your fleet to accommodate growth or new needs that have developed during the lease.
Can I Save Money?
Cars leased for business use are eligible for tax deductions, but you’ll need to keep careful records, especially if the vehicle is mixed-use. You can either take a standard mileage deduction, which increases for every mile driven as part of business or calculate the actual cost of the lease and adjust for any non-business use. However, it’s important to remember that commuting to and from work does not count as business miles.
What Kind of Car Can I Lease?
The Ford lineup has vehicles for every type of use and they’re all eligible for business leases. Commercial vans like the 2024 Ford Transit Connect are great for companies that need to move employees around, while the 2024 Ford Super Duty trucks are designed to be able to handle the toughest jobs. And if you’re looking for day-to-day transportation, consider an SUV like the 2024 Ford Escape.
Lease a Vehicle for Your Business at Helfman Ford
Our team at Helfman Ford will help you find the perfect powerful vehicle for your business’s needs. Visit our Stafford Ford dealership and take one for a test drive, then apply for business financing today!
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