A simple Answer TO yOUr Question
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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The Smart Buyer's Guide to Leasing vs. Buying in 2026
Discover:
✓ When to lease vs. buy
✓ Hidden fees to watch for
✓ Tax benefits for business owners
✓ Current manufacturer incentives
Smart move!
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Insurance Coverage
Effortless to buy and personalized to you, with coverage deals with Vantage.
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600+ Testimonials
What Our Customers Say
People come for the number. They stay for how easy we make it.
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Another five star experience!!! This is the 3rd car I’ve purchased through David and the crew at Vantage. No hassle, no bait and switch, no high pressure sales tactics or incessant follow up phone calls like with a traditional dealership. A few phone conversations with David, and he finds the car you want, with the trim package you want, at the best possible price. Delivery is convenient and the crew are always the constant professionals, taking the time to go over vehicle features and getting you setup to go…. Cant say enough.
Another five star experience!!! This is the 3rd car I’ve purchased through David and the crew at Vantage. No hassle, no bait and switch, no high pressure sales tactics or incessant follow up phone calls like with a traditional dealership. A few phone conversations with David, and he finds the car you want, with the trim package you want, at the best possible price. Delivery is convenient and the crew are always the constant professionals, taking the time to go over vehicle features and getting you setup to go…. Cant say enough.
Rob Ellmyer
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Super streamlined way to purchase a car.Very professional and easy to work with.
Super streamlined way to purchase a car.Very professional and easy to work with.
Jason Levy
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Stacy Sackett
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I’ve always used brokers to get my car, It’s definitely much easier than going to the dealers and getting screwed over later.Brandon and his team were a great help In helping me find a car that suited my needs. Although I was a little skeptical, cause I’ve only done it one other time, but the process was quick and easy. I wanted to carbefore February, and Vantage Motor delivered, I mean actually delivered the car to my house.Only thing I had to do was decide which one I wanted. Will definitely be using them again for my next car!
I’ve always used brokers to get my car, It’s definitely much easier than going to the dealers and getting screwed over later.Brandon and his team were a great help In helping me find a car that suited my needs. Although I was a little skeptical, cause I’ve only done it one other time, but the process was quick and easy. I wanted to carbefore February, and Vantage Motor delivered, I mean actually delivered the car to my house.Only thing I had to do was decide which one I wanted. Will definitely be using them again for my next car!
Vincent Zecca
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The experience was great working with Dave and his team. I hate buying cars but this changed it for me - Thanks everyone!
The experience was great working with Dave and his team. I hate buying cars but this changed it for me - Thanks everyone!
Michael Fonseca
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David Alesso made the impossible happen! My family grew & my SUV got very small FAST but I still had a year left on my lease. This was my 2nd time using Vantage Auto Group & David worked a miracle! Yet again, everything was very seamless & easy & my Telluride was delivered right to my door!
David Alesso made the impossible happen! My family grew & my SUV got very small FAST but I still had a year left on my lease. This was my 2nd time using Vantage Auto Group & David worked a miracle! Yet again, everything was very seamless & easy & my Telluride was delivered right to my door!
Jennifer Silver
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I just had a really great experience with Deborah getting a new car. The whole experience could not have been easier. I highly recommend and will definitely be working with them again.
I just had a really great experience with Deborah getting a new car. The whole experience could not have been easier. I highly recommend and will definitely be working with them again.
Timothy Norsworthy
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Very nice company. They helped me find the vehicle I wanted and helped sell my old car as well. Everyone in the company is great and very helpful explaining all the steps involved. Would highly recommend using them.
Very nice company. They helped me find the vehicle I wanted and helped sell my old car as well. Everyone in the company is great and very helpful explaining all the steps involved. Would highly recommend using them.
DreadBasil
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David Wagoner was referred to me by a co-worker. All I can say is wow. We were under a tight timeline to purchase a vehicle, and from our initial interaction late Thursday afternoon through the delivery of our vehicle Monday afternoon, David and Vantage Auto Group were transparent, quick, and provided excellent customer service throughout! Strongly recommend!
David Wagoner was referred to me by a co-worker. All I can say is wow. We were under a tight timeline to purchase a vehicle, and from our initial interaction late Thursday afternoon through the delivery of our vehicle Monday afternoon, David and Vantage Auto Group were transparent, quick, and provided excellent customer service throughout! Strongly recommend!
Craig K