Sure, its the same as renting a house - continuous cost to own a...

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    Sure, its the same as renting a house - continuous cost to own a car.

    I prefer to buy your returned car with cash from the offset account (lower interest rate)

    Take advantage of the huge depreciation

    Own it for 5 years

    Repeat.

    I usually pay about half the new price, have never in 25 years had any major repair bills (a common sales technique for leasing) and I utilise the extra funds to invest in capital growth.

    In addition the cash is loaned to my business as a directors loan so the cost is fully deductible.

    Each to their own.
 
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