BUY or LEASE a CAR Which is Better?

The question of whether one should lease a car or buy one often comes up. Most people that I know even accountants like myself are at a loss to give an accurate answer and support it by detailed calculations.

Joseph Tavana - C.A. (Canada), FCA (England and Wales)

CalcuLeases is a specialized application software that provides an accurate answer to the above question.

CalcuLeases performs all the detailed and complex calculations such as tax deductibility of auto expenses, tax on benefits assessed on users of company cars, notional GST charged on the benefits and the GST input credit and also the opportunity cost of cash.

CalcuLeases supports its answers by providing several reports which show detailed calculations supporting its answers. It also has the lease optimizer utility that allows you to compare different scenario's of given lease.

CalcuLeases has a database of personal tax rates for all the provinces.