This was an old tax loophole - employees would request a leased vehicle from the employer in lieu of actual cash wages, lowering their taxable income. It hasn'

This was an old tax loophole - employees would request a leased vehicle from the employer in lieu of actual cash wages, lowering their taxable income. It hasn't been a loophole for years (fringe benefits tax took care of that), but many older people still do it anyway.