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What happens to my deduction if I stop using the car for business?

If you claimed Section 179 on a purchased vehicle and business use drops below 50%, you may have to recapture (repay) a portion of the deduction. With a lease, you simply stop deducting the payments once business use drops below 50%. Leasing carries less recapture risk, which is an advantage for business owners whose vehicle use might change.

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Testimonials

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Such a wonderful experience with Sean and his team at Vantage Auto Group. Imagine not having to sit at a dealership for several hours. That alone is worth the 5 star review. Add to that how knowledgeable Sean is, how he actually wants to get you the best deal, and how little stress you'll experience throughout the entire process, and 5 stars just aren't enough. I would recommend Vantage Auto Group to anyone!

Such a wonderful experience with Sean and his team at Vantage Auto Group. Imagine not having to sit at a dealership for several hours. That alone is worth the 5 star review. Add to that how knowledgeable Sean is, how he actually wants to get you the best deal, and how little stress you'll experience throughout the entire process, and 5 stars just aren't enough. I would recommend Vantage Auto Group to anyone!

Lisa

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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 experience from start to finish with the team. Made the process very easy and worked with us through the whole process, answering any and all questions. And actually returned all phone calls and texts. Ended up with the car we wanted at the price we wanted.

Great experience from start to finish with the team. Made the process very easy and worked with us through the whole process, answering any and all questions. And actually returned all phone calls and texts. Ended up with the car we wanted at the price we wanted.

Jeremy Golden

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Dave was a pleasure to work with; simple, easy, and straight to the point. The car is beautiful - will definitely be using him again. Thank you!!!

Dave was a pleasure to work with; simple, easy, and straight to the point. The car is beautiful - will definitely be using him again. Thank you!!!

Brittany Smith

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

Working with Vantage Auto Group was a real pleasure. They made the leasing process easy, without any of the normal stress of going to and dealing with the dealership. This is my second time working with Dave and his staff and it was as smooth the second time as it was with the first lease.

Working with Vantage Auto Group was a real pleasure. They made the leasing process easy, without any of the normal stress of going to and dealing with the dealership. This is my second time working with Dave and his staff and it was as smooth the second time as it was with the first lease.

William Jenkins

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Using Vantage simplifies purchasing a new car and ending a lease. The new car and the paperwork is brought to you and they take away the old leased vehicle. It takes10 minutes. They shop among many dealers to find the best value. Very Satisfied.
Using Vantage simplifies purchasing a new car and ending a lease. The new car and the paperwork is brought to you and they take away the old leased vehicle. It takes10 minutes. They shop among many dealers to find the best value. Very Satisfied.

Stephen Perrone

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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 Goldstein and his team are great. He was always available and responsive whenever I voiced a concern. He was quick to answer questions, which was extremely helpful it making decisions as I did not need to wait long to connect with him. I highly recommend connecting with David the next time you are looking for a vehicle!

David Goldstein and his team are great. He was always available and responsive whenever I voiced a concern. He was quick to answer questions, which was extremely helpful it making decisions as I did not need to wait long to connect with him. I highly recommend connecting with David the next time you are looking for a vehicle!

Joseph Bestreich

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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 experience with Vantage. Was able to avoid the hassle of going to multiple car dealerships and the service was great. They Dropped off my new car, picked up my trade in and handed me a check. Will definitely use them in the future.

Great experience with Vantage. Was able to avoid the hassle of going to multiple car dealerships and the service was great. They Dropped off my new car, picked up my trade in and handed me a check. Will definitely use them in the future.

Stephen Stanton

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Not only did they negotiate the absolute best prices for us for two vehicles, they were also very thorough and very quick with response time. Delivered the vehicles to our house and made the process very hassle free. I will never buy a car at a dealer again
Not only did they negotiate the absolute best prices for us for two vehicles, they were also very thorough and very quick with response time. Delivered the vehicles to our house and made the process very hassle free. I will never buy a car at a dealer again

Joe Piazza

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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 experience with Vantage has truly been exceptional. The group’s streamlined purchasing process and attention to personal needs is highly commendable. I will surely be taking advantage of their services again.

My experience with Vantage has truly been exceptional. The group’s streamlined purchasing process and attention to personal needs is highly commendable. I will surely be taking advantage of their services again.

Debra Sullivan

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