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From: jeff@felix.UUCP (Jeff Wallace)
Newsgroups: net.taxes,net.auto
Subject: auto lease vs. buy
Message-ID: <1406@felix.UUCP>
Date: Mon, 28-Jul-86 15:14:34 EDT
Article-I.D.: felix.1406
Posted: Mon Jul 28 15:14:34 1986
Date-Received: Tue, 29-Jul-86 03:03:11 EDT
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Organization: FileNet Corp., Costa Mesa, CA
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Xref: mnetor net.taxes:508 net.auto:6041

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	Assuming that deductability of non-mortgage interest payments will
no longer be allowed for personal taxes in the new tax bill, how does
this affect the lease vs. purchase (and finance) decision concerning a
new car for personal use?

	Also, if the depreciation schedules and investment tax credit (if
any) are made less favorable for leasing agencies I assume that the
cost of leasing will go up.  Therefore, if one is concidering a lease
would it be wise to do so in 1986 as opposed to 1987?


					  Jeff Wallace
				{decvax,ucbvax}!trwrb!felix!jeff
				  FileNet Corp. Costa Mesa, CA
-- 
					  Jeff Wallace
				{decvax,ucbvax}!trwrb!felix!jeff
				  FileNet Corp. Costa Mesa, CA