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    1 Reply Latest reply on Feb 8, 2009 8:29 AM by LUCKIEST

    question about vehicles

    newsbowner Newbie
      We have a small electrical contracting company (LLC) and have a question about vehicles. Currently we are using our SUV for the company and want to know our options to "sign it over to the company". There is currently a loan on the vehicle. I know we can just refinance thru the business, but we are concerned since we are just starting out if we are not bringing in enough to make the monthly payments. Can we "lease" the vehicle to the company? Or are there other options? Ideally we would get another vehicle (a van) because it is easier to work out of, but I also do not want the hassle of another vehicle right now (maintenance, parking, taxes). Any suggestions would be great!