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A vehicle for hire is a vehicle providing private transport or shared transport for a fee, in which passengers are generally free to choose their points or approximate points of origin and destination, unlike public transport, and which they do not drive themselves, as in car rental and carsharing.
A chauffeur (French pronunciation:) is a person employed to drive a passenger motor vehicle, especially a luxury vehicle such as a large sedan or a limousine. Originally, such drivers were often personal employees of the vehicle owner, but this has changed to specialist chauffeur service companies or individual drivers that provide both driver ...
By using the vehicle for work, older adult drivers may be able to deduct a portion of the lease payment on tax returns, as well as the cost of vehicle upkeep and the vehicle’s depreciation.
Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.
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Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years. The lessee pays a fixed monthly payment for the privilege of driving the vehicle, and when the lease ends, the lessee returns the vehicle to the lessor. The lessee pays only for the value of the vehicle for the term of the lease.
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