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As the manager of a dry cleaning business.Your company is considering purchasing a new van for deliveries to your customers. The delivery van you currently

As the manager of a dry cleaning business.Your company is considering purchasing a new van for deliveries to your customers. The delivery van you currently have is on its last legs.

D0 Cost-benefit analysis of purchasing or leasing a delivery van.Using your weekly readings and lessons as well as sources from the internet, researchthe average costs of purchasing versus leasing a delivery van.

Consider the following:

  • Insurance
  • Average yearly maintenance
  • Mileage considerations (mileage cap for leasing)
  • Tax considerations
  • Loan and Lease fees (at minimum averages)

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