Forum Discussion
Should I lease or buy a work vehicle?
We at GB Plumbing decided to lease our first work vehicle as we thought we wouldn’t be growing or doing much besides having 1 truck. But once things got busier, and we had to start hiring more, we ha...
I like your point of view on this. Im wondering if I should buy my first truck/van. I work out of an enclosed trailer right now. It has its advantages and drawbacks. Im struggling to decide if its worth the monthly cost and if I can afford the monthly cost. And how the business can buy it not me.
I don't think you'll have much luck with the business buying it. The company can pay for it, but until you have two years, nobody is willing to finance your company. I financed all our vehicles early on, then transferred the titles to the company as soon as I could.
