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Old 13th October 2018, 15:28   #16
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Re: Mahindra Leasing! 13499 / month for the KUV100 and 32999 for an XUV500

Has anyone made an excel sheet on this form of vehicle ownership for a business?

Benefit of tax on Interest + Benefit on Depreciation over 5 years VS benefit of tax on the lease amount per month+benefit of maintenance and insurance.

I think the latter might weigh in just a bit more. Typically What kind of Mileage cap is there on these leased vehicles?
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Old 15th October 2018, 18:41   #17
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Re: Mahindra Leasing! 13499 / month for the KUV100 and 32999 for an XUV500

I am employed at a pvt company. Finance dept in my company are saying lease amount can be shown under flexible benefit bucket which means the amount becomes tax free! It comes under car maintainance. That's very attractive for me. Can this be true?
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Old 15th October 2018, 22:29   #18
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Re: Mahindra Leasing! 13499 / month for the KUV100 and 32999 for an XUV500

Quote:
Originally Posted by navpreet318 View Post
Has anyone made an excel sheet on this form of vehicle ownership for a business?

Benefit of tax on Interest + Benefit on Depreciation over 5 years VS benefit of tax on the lease amount per month+benefit of maintenance and insurance.

I think the latter might weigh in just a bit more. Typically What kind of Mileage cap is there on these leased vehicles?
Not exactly an excel, but there are few calculators comparing lease v/s loan here : https://www.salaryplan.co.in/
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