Is Your Company Car Lease Worth It? HUGE Tax Benefits!

Is Your Company Car Lease Worth It? HUGE Tax Benefits!

Ever thought about leasing a car from your employer and wondered if it REALLY makes sense? 🤔 In this video, we welcome Abhishek, a Chartered Accountant who's been there, done that! He actually leased a Tata Harrier himself and crunched all the numbers to figure out the best strategy. Abhishek's sharing his personal experience and expert insights on ALL things company car leases: Tax benefits? 🤑 You bet! We're breaking down how leasing can actually save you money. Foreclosing the lease? 🤔 Is it a good idea? When should you do it? Minimum lease duration? 🗓️ We'll tell you the sweet spot. What happens after the lease ends? 🤷‍♂️ We've got you covered. Quit your job midway? 😨 Don't worry, we'll explain your options. Abhishek's even brought his trusty Excel sheet to walk us through the calculations and help YOU make the smartest decision. 🤓 Use the Google Sheet below, make a copy and tinker around. https://docs.google.com/spreadsheets/... Hit that play button and become a company car lease pro! 🚀 Here is my video setup of products that I use in the video below. I've found these to be the best value for money products. Camera: DJI Osmo Pocket 3 Creator kit: https://amzn.to/3ZqgMhk Microphone: Rode NT-USB: https://amzn.to/3zqYly8 Tripod for microphone : HerculesMS432B: https://amzn.to/4d6hZx6 I love using Riverside to record these sessions. Check it out below. https://www.riverside.fm/?utm_campaig... 0:00 Intro 1:22 About Abhishek's car 2:05 Getting into the excel 3:20 Q1: Does leasing make sense? 11:27 Other things to keep in mind while leasing 12:57 Q2: Does Foreclosure make sense? 16:11 Abhishek's plans 17:18 Transferring ownership 18:50 Any additional charges? 19:19 What happens if you change jobs? 20:37 Parting thoughts