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Can I deduct my car payment if I'm self-employed?

If you are self-employed and use your vehicle for business, you can deduct either actual vehicle expenses (including depreciation on a purchased car or lease payments on a leased car) or the standard mileage rate. You cannot deduct the car loan payment directly, but you capture the cost through depreciation. The deduction is reported on Schedule C of your tax return.

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No credit impact, view Get personalized insights on your car’s value, so you can time your next car with the most savings.real payments while shopping.

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Testimonials

What Our Customers Say

People come for the number. They stay for how easy we make it.

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I've loved working with Vantage for my last two cars. It's so much better than having to go to multiple dealerships and haggle to get the right make, model and price you're looking for. Their customer service and quick turnaround to getting a car delivered to your door is incredible. Highly recommend them for your car shopping needs!!

I've loved working with Vantage for my last two cars. It's so much better than having to go to multiple dealerships and haggle to get the right make, model and price you're looking for. Their customer service and quick turnaround to getting a car delivered to your door is incredible. Highly recommend them for your car shopping needs!!

Scott Wolinsky

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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 had a great experience with Vantage. From start to finish the process was seamless and quick. My salesperson Mark Viegas was great and very professional. I would recommend him and Vantage to anyone looking to by a new car.

I had a great experience with Vantage. From start to finish the process was seamless and quick. My salesperson Mark Viegas was great and very professional. I would recommend him and Vantage to anyone looking to by a new car.

Brian Dorst

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This was the best experience i've had in buying a car. it was painless, easy and i know i got a good deal. Thank you Elka for making buying a car a great experience and one I no longer dread.

This was the best experience i've had in buying a car. it was painless, easy and i know i got a good deal. Thank you Elka for making buying a car a great experience and one I no longer dread.

Orly Steinberg

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.
From start to finish, purchasing my new Jeep was seamless and refreshingly honest. Every question was answered clearly with zero pressure, and I really appreciated the straight talk. An easy, smart decision all around.
From start to finish, purchasing my new Jeep was seamless and refreshingly honest. Every question was answered clearly with zero pressure, and I really appreciated the straight talk. An easy, smart decision all around.

Lisa Salzberg

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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

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

Best buying experience I have ever had!!! Sean took care of me through every step, no waiting around and NO DEALERSHIP! I have bought over a dozen cars in my lifetime and this was by far the way I will do it from now on!!! Keep up the great work Vantage you guys rock 😁

Best buying experience I have ever had!!! Sean took care of me through every step, no waiting around and NO DEALERSHIP! I have bought over a dozen cars in my lifetime and this was by far the way I will do it from now on!!! Keep up the great work Vantage you guys rock 😁

Tom Rich

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

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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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.
This was my first time using a car broker, and it was a great experience. The entire process was incredibly smooth and easy from start to finish. Communication was clear, responses were quick, and they were very patient while answering questions and walking me through everything. I work in operations, so I tend to notice when processes are organized and efficient, and I really appreciated how straightforward and seamless they made the entire experience. What is usually a stressful process felt simple and well managed. I would absolutely recommend them to anyone looking for an easier way to lease or purchase a vehicle.
This was my first time using a car broker, and it was a great experience. The entire process was incredibly smooth and easy from start to finish. Communication was clear, responses were quick, and they were very patient while answering questions and walking me through everything. I work in operations, so I tend to notice when processes are organized and efficient, and I really appreciated how straightforward and seamless they made the entire experience. What is usually a stressful process felt simple and well managed. I would absolutely recommend them to anyone looking for an easier way to lease or purchase a vehicle.

Angela Karkoska

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.
Robyn and David were great to work with and made sure I got exactly what I was looking for!
Robyn and David were great to work with and made sure I got exactly what I was looking for!

Justin Schoenberg

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