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

You are 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.

cost-benefit analysis of purchasing or leasing a delivery van.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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