Business Car Loan Should I Buy Or Lease A Business Car Or Should I Pay My Employee Mileage?

Should I buy or lease a business car or should I pay my employee mileage? - business car loan

HELP! I pay a salesman who now .36/mile mileage. Would it be cheaper to buy a car and let them use the car instead of paying $ 200 a month? I understand that insurance would be higher, but what about liability? Certainly it would be a good business, but the responsibility is it worth it? Is there a responsibility towards them with her own car? We thought about buying a Toyota Corolla and the packaging of our business data and images. The total cost would be approximately $ 15,000 to buy and wrap. Can anyone help, what is the best solution here? Thank you!