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Business Fleet - September/October 2003

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In This Issue:

Secrets of Closed-End Leasing
There are important differences between a business closed-end lease and a dealer (retail) closed-end lease. You can save thousands of dollars with a corporate business lease and a lower net depreciation vehicle.

The $100,000 SUV Tax Break
The accelerated depreciation included in the 2003 tax bill applies to any vehicle with a GVWR more than 6,000 pounds – a fact often overlooked by the media.

Here Today, Gone Soon
A 50 percent first-year depreciation is part of the Jobs and Growth Tax Relief Reconciliation Act as of May 28, 2003 – But only temporarily.
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