One of the key advantages of implementing a leasing program at your dealership is the significant depreciation benefit it offers. Leasing allows dealerships to leverage depreciation strategically, making it a powerful tool for financial planning and long-term success. Understanding and utilizing the right depreciation method can help you optimize your leasing portfolio, manage your assets effectively, and ultimately, boost your bottom line.

To shed light on this important topic, Stan Sumrall, owner of Nu-Way Auto, shares his insights and expertise on the depreciation methods he employs at his dealership. Stan discusses how he chooses the right method for his business and how it plays into the overall success of his leasing program. From understanding straight-line depreciation to exploring accelerated methods, Stan breaks down the considerations you need to take into account to ensure your depreciation strategy is aligned with your long-term business goals.

If you’re looking to enhance your understanding of how to use depreciation to your advantage in leasing, you won’t want to miss Stan’s insights. His experience in the industry provides valuable lessons on how to strategically plan for the future, optimize your leasing program, and maintain profitability in changing market conditions.

Ready to learn more? Tune in to hear Stan Sumrall's approach to depreciation and discover how you can create a long-term strategy that benefits your dealership’s leasing program!

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