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Price of car |
- Monthly rent has to be paid
- Monthly regular pay
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- Pay cash at one time
- Cash has to be prepared
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Tax, insurance premium |
- All included in rent (an average monthly pay)
- No business expense
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- A regular pay
- Business expense has to be paid
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Content |
All-directional service
- Vehicles
- Maintenance
- Insurance
- Pay fine for customers upon requests
- Substitute car
- Handling after lease
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Vehicle only |
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ownership of car |
- Car ownership belongs to the leasing company
- After lease car has to be returned
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Buyer has the ownership。 |
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Acounting matters |
- No increase in fixed asset
- Input tax derived from invoice of rent can be legally deducted
- Expense of rent can be seen as amortization and deduction for business income tax legally
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- Based on fixed asset legal depreciation expense will be added
- Increase in fixed asset
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Maintenance |
- Maintenance is the responsibility of the leasing company, if a related contract is signed
- Vehicle management saves customers time and money
- After giving the Company a call, things are settled
- Lease can be continued and a new type of car changed
- Car plate is owned by the Company and driver’s identification cannot be known for avoiding any harm
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- All costs are born by buyer; for a company needs many vehicles, additional personnel is required for management
- Have to negotiate the price of maintenance
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Handling of used car |
- Car is returned after lease termination
- Any cancellation before contract termination, actuarial valuation has to be made
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- The used car has to be handled by buyer directly; the fixed asset has to be written off and loss calculated including process of measure conservatoire
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