seep: he/she/it: seeps: present participle: seeping: past tense: seeped: past participle: seeped
If you lease a new car for use in your business, you will probably be able to deduct the lease payments from your taxes as a business deduction. However, you need to be careful and keep track of all the miles you spend in the car and whether the miles traveled are for business or personal reasons.
There are various methods of claiming work related car expenses that the tax office allows for a car that you own, lease or hire. You are able to use the method that gives you the biggest deduction provided you have the evidence that is required.