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Can I deduct my car loan payment as a business expense?

Not directly. With a purchased vehicle, you cannot deduct the loan payment itself. Instead, you deduct the vehicle's cost through depreciation (Section 179 and/or standard depreciation). You can also deduct the interest portion of your loan payment as a business expense. The principal portion is not deductible because it is already captured through depreciation.

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

David made a seamless transaction without the hassle of going to the dealer. Located the truck I wanted and delivered it on time. Signed the paperwork which took 5 minutes and the professionism was top notch. It's rare these days that you get someone who's responsive and didn't put you through an automated response. Answered all my questions promptly and made sure I received the truck I was looking for.....Was a pleasure!

David made a seamless transaction without the hassle of going to the dealer. Located the truck I wanted and delivered it on time. Signed the paperwork which took 5 minutes and the professionism was top notch. It's rare these days that you get someone who's responsive and didn't put you through an automated response. Answered all my questions promptly and made sure I received the truck I was looking for.....Was a pleasure!

Brian Lopazanski

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I had a great experience working with Sean at Vantage Auto Group. I wasn’t really looking forward to going through the car-buying process, but Sean made it incredibly easy. He found the exact car I wanted, got me a great deal, and had it delivered right to my driveway, without ever having to deal with a dealership. There was no pressure, no pushing, and no feeling that anyone was trying to take advantage. Everything was smooth, straightforward, and stress-free. I would absolutely recommend Vantage Auto Group to anyone who wants the car-buying experience to be easy and hassle-free.

I had a great experience working with Sean at Vantage Auto Group. I wasn’t really looking forward to going through the car-buying process, but Sean made it incredibly easy. He found the exact car I wanted, got me a great deal, and had it delivered right to my driveway, without ever having to deal with a dealership. There was no pressure, no pushing, and no feeling that anyone was trying to take advantage. Everything was smooth, straightforward, and stress-free. I would absolutely recommend Vantage Auto Group to anyone who wants the car-buying experience to be easy and hassle-free.

Neetu A

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.
Vantage was top notch. Not only did they take care of my car perfectly they also delivered it to me without having to even ask!! I’ll def be using them for all my car needs moving forward!!!
Vantage was top notch. Not only did they take care of my car perfectly they also delivered it to me without having to even ask!! I’ll def be using them for all my car needs moving forward!!!

Josh Baker

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

We just bought our 3rd car from Dave and his group. They make it so easy not having to go to a dealer, I wouldn't do it any other way. You tell them exactly what you want, they find it, get you a great deal and deliver it.....need I say more!!! Dave is a true professional.

We just bought our 3rd car from Dave and his group. They make it so easy not having to go to a dealer, I wouldn't do it any other way. You tell them exactly what you want, they find it, get you a great deal and deliver it.....need I say more!!! Dave is a true professional.

John Pepe

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.
Highly recommended for their professionalism, keeping me updated and helping me find the exact car I wanted. The customer service is second to none. Vantage Auto I can't thank you enough for going the extra mile to make me one happy customer.
Highly recommended for their professionalism, keeping me updated and helping me find the exact car I wanted. The customer service is second to none. Vantage Auto I can't thank you enough for going the extra mile to make me one happy customer.

Rita Gutman

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.
Prompt, courteous, helpful, thorough. Highly recommended.
Prompt, courteous, helpful, thorough. Highly recommended.

Mitchel Bayer

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.
I’ve had multiple transactions with this dealership and every experience has been excellent. The team is professional, responsive, and consistently follows through on everything they promise. From the initial conversation to delivery and post-sale support, the process has always been smooth and transparent. It’s clear they value long-term relationships, not just one-time sales. I will continue to come back because I trust them
I’ve had multiple transactions with this dealership and every experience has been excellent. The team is professional, responsive, and consistently follows through on everything they promise. From the initial conversation to delivery and post-sale support, the process has always been smooth and transparent. It’s clear they value long-term relationships, not just one-time sales. I will continue to come back because I trust them

Mike Liloia

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

My car was delivered right to my house - it’s just what I asked for - Tom went out of his way to locate the vehicle I was interested in. No haggling at the dealership - everything was taken care of and signing paperwork online was easy. I’m very happy with the process and efficiency of Vantage. Tom even brought toys and treats for my cats !! Thanks so much

My car was delivered right to my house - it’s just what I asked for - Tom went out of his way to locate the vehicle I was interested in. No haggling at the dealership - everything was taken care of and signing paperwork online was easy. I’m very happy with the process and efficiency of Vantage. Tom even brought toys and treats for my cats !! Thanks so much

J Marie

Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.

Great customer service! Dave was very responsive and worked hard to find the car we were looking for. His pricing was unbeatable and the vehicle was delivered right to our driveway. There was a small issue with the vehicle from the manufacturer, but Dave and his team have been working hard to rectify it. Goes to show their service doesn’t disappear after delivery, and are committed to developing relationships and making longterm customers.

Great customer service! Dave was very responsive and worked hard to find the car we were looking for. His pricing was unbeatable and the vehicle was delivered right to our driveway. There was a small issue with the vehicle from the manufacturer, but Dave and his team have been working hard to rectify it. Goes to show their service doesn’t disappear after delivery, and are committed to developing relationships and making longterm customers.

Eric A

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