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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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What Our Customers Say

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David and his team were excellent to work with! They were able to get me an incredible deal and walked me through each step of the process. Everything was transparent and efficient. I will come back for all future auto needs!!

David and his team were excellent to work with! They were able to get me an incredible deal and walked me through each step of the process. Everything was transparent and efficient. I will come back for all future auto needs!!

Sandeep Rajpal

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Front view of three luxury SUVs in blue, silver, and black, positioned side by side with the blue vehicle centered.
Mark Viegas, my Vantage broker, did an awesome job securing a beautiful 2026 VW TIguan fully loaded with sunroof for a great price! Mark was very patient and was very happy to close the VW deal for me! Delivery by Jordan went smoothly, delivered car right to my home. I would highly recommend Mark Viegas for he was a pleasure to work with! Barbara Casale
Mark Viegas, my Vantage broker, did an awesome job securing a beautiful 2026 VW TIguan fully loaded with sunroof for a great price! Mark was very patient and was very happy to close the VW deal for me! Delivery by Jordan went smoothly, delivered car right to my home. I would highly recommend Mark Viegas for he was a pleasure to work with! Barbara Casale

Barbara Casale

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

Fantastic to work with. Everyone on the team was great. They personally worked with us on pricing and model requests. Can’t recommend Vantage enough.

Fantastic to work with. Everyone on the team was great. They personally worked with us on pricing and model requests. Can’t recommend Vantage enough.

Ken Hurd

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Excellent to work with. Super easy to work with. The staff is great. Dave Alesso was excellent in helping what I was looking for. He sent Nikko to give me the car and he was so helpful showing me the car details. I would highly recommend them to anyone.

Excellent to work with. Super easy to work with. The staff is great. Dave Alesso was excellent in helping what I was looking for. He sent Nikko to give me the car and he was so helpful showing me the car details. I would highly recommend them to anyone.

Rebecca Perez

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We had some unfortunate events with 2 cars, Vantage made it all the difference in getting us back to normal. They were extremely easy to work with, amazing service and attention to detail, and made buying a car a fantastic experience.

We had some unfortunate events with 2 cars, Vantage made it all the difference in getting us back to normal. They were extremely easy to work with, amazing service and attention to detail, and made buying a car a fantastic experience.

Sameer Joglekar

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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 was so knowledgeable and made this a wonderful experience .
David was so knowledgeable and made this a wonderful experience .

David Bloomberg

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David & Tommy made getting a new vehicle for my wife very easy and simple. Great customer service and they deliver the car right to your house. Great Experience and I highly recommend Vantage Auto Group.

David & Tommy made getting a new vehicle for my wife very easy and simple. Great customer service and they deliver the car right to your house. Great Experience and I highly recommend Vantage Auto Group.

Steve Barrios

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

Sean was just fantastic to work with! We secured our new Volvo lease through him, and he was attentive and friendly every step of the way. He made the experience great and answered any questions we had in a timely manner.

Sean was just fantastic to work with! We secured our new Volvo lease through him, and he was attentive and friendly every step of the way. He made the experience great and answered any questions we had in a timely manner.

Nina Ramadan Patel

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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 the pleasure of working with Sarah to find me a car. She was incredible! I called her needing a car and I had my car within a couple of days, while also meeting my price point and the specific style of car I wanted. Sarah is so approachable, knowledgeable, friendly, and reliable.Vantage Auto Group as a whole is a very dependable company and I couldn't recommend them more. They deliver your car to your house on time and are knowledgeable about the car and any questions that you have. I am so happy with how this process went and recommend Vantage Auto Group to anyone looking for a car!

I had the pleasure of working with Sarah to find me a car. She was incredible! I called her needing a car and I had my car within a couple of days, while also meeting my price point and the specific style of car I wanted. Sarah is so approachable, knowledgeable, friendly, and reliable.Vantage Auto Group as a whole is a very dependable company and I couldn't recommend them more. They deliver your car to your house on time and are knowledgeable about the car and any questions that you have. I am so happy with how this process went and recommend Vantage Auto Group to anyone looking for a car!

Ava Ilyse

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