Is Getting a Company Car for Your Business Worth It?

Once you’ve established yourself as a successful business owner, it’s time to think about getting a company car for your business. Between purchasing the car and finding auto insurance online for coverage, do the benefits outweigh the costs? Benefits of a company car The main reason you may consider getting a company car is for tax benefits. You get deductions on the expense of using the car – including mileage, gas, and general maintenance. Keep in mind that you cannot deduct mileage ...
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