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| Free Car Lease | ||
The term, free car lease, usually refers to the concept of receiving a new car from a promotion, contest, or from the company you work for, where the car is actually leased for a fixed number of months. The sponsoring companies sometimes pay the cost of maintenance, insurance, and even gas. When the lease term has expired, the car must be returned to the lease company. This free car lease concept provides the sponsoring company with the lowest cost method of providing such cars, and provides the best tax benefits. This concept is also used by advertising companies who provide free car leases to drivers who are willing to drive around with the car "wrapped" in colorful advertisements. For more on this topic, see Free Cars - Fact or Fiction? For more information, see: The Lease Guide
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