| Leasing new Automotive Care Equipment in 2008 has become a very attractive option.
Upgrade to new equipment and conserve capital in 2008. |
- 100% Financing
Including freight, installation and all related soft costs.
- Retain Cash
Leasing enable the preservation of cash reserves.
- Keep Bank Lines Open
Critical bank lines of credit can remain open for
the short-term working capital needs of the business as well as for unforeseen expenses.
- Tax Advantages*
By lowering your taxable income the Enhanced Section 179(1) and 50%
Bonus Depreciation(2) could dramatically cut your 2008 tax bill,
thereby freeing up cash in the near term. In many cases, the tax saving
will cover the first year of lease payments on the equipment.
- 36 to 72 month terms
Other lengths are available as well
- $1.00 Purchase Options
- 10% Purchase Options
- 60 to 90 Day Deferrals Available
- Up to 6 months deferred with only $100.00 monthly payment
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| *Capital equipment purchased and placed into service prior to Dec. 31, 2008 may generate additional tax savings for your business. Since tax situations differ, please consult your tax advisor/professional related to the tax benefits for your business and the tax benefits of leasing. |
| (1)Under IRS Section 179, equipment purchases can be expensed (deducted from taxable income) if installed during the 2008 tax year. Using Tax Code 179, the amount of investment that may be immediately deducted by businesses is $250,000 (increased from $128,000). Qualifying businesses cannot exceed $800,000 (increased from $510,000) in Section 179 assets during the tax year. |
| (2)The 50% Bonus Depreciation applies for equipment placed in service between 12/31/07 and 1/31/09. For calculation purposes the Section 179 is claimed first and the 50% Bonus Depreciation is applied to any remaining (reduced) cost basis. |
