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What is the difference between deducting a car loan vs. a lease payment?

With a loan, you deduct depreciation and interest, not the payment itself. With a lease, you deduct the actual lease payment. The timing and amount of the deductions differ: loan deductions are front-loaded through Section 179/bonus depreciation, while lease deductions are spread evenly over the lease term. Both methods can be effective depending on your tax situation.

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Prompt, courteous, helpful, thorough. Highly recommended.
Prompt, courteous, helpful, thorough. Highly recommended.

Mitchel Bayer

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I’ve never used a broker to buy a car before and honestly, I was skeptical. But after this experience, I’ll never step foot in a dealership again. I have a demanding job with very little free time, so I simply texted David exactly what I wanted—and that was it. The entire process happened while I was in back-to-back work meetings. I never even had to pick up the phone! It was completely stress-free and I couldn’t be happier with my Maserati Grecale!

I’ve never used a broker to buy a car before and honestly, I was skeptical. But after this experience, I’ll never step foot in a dealership again. I have a demanding job with very little free time, so I simply texted David exactly what I wanted—and that was it. The entire process happened while I was in back-to-back work meetings. I never even had to pick up the phone! It was completely stress-free and I couldn’t be happier with my Maserati Grecale!

Kelly Winch

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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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Vantage Auto Group is the most efficient and professional group to get a car from.David, my contact was very professional and a pleasure to deal with

Vantage Auto Group is the most efficient and professional group to get a car from.David, my contact was very professional and a pleasure to deal with

Joe Bouton

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Recently bought a car through Vantage Auto Group and can’t say enough how great they were. Their process was seamless and they made buying a car a great experience. highly recommend Vantage Auto Group!

Recently bought a car through Vantage Auto Group and can’t say enough how great they were. Their process was seamless and they made buying a car a great experience. highly recommend Vantage Auto Group!

Cory Rothbort

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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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Had the absolute smoothest and informative process working with David. He got me an excellent price well within was I was hoping spend after a dealer quoted me WAY more. Appreciate him and his team so much for making this process not stressful at all. Anyone looking to buy a car, use Vantage!!

Had the absolute smoothest and informative process working with David. He got me an excellent price well within was I was hoping spend after a dealer quoted me WAY more. Appreciate him and his team so much for making this process not stressful at all. Anyone looking to buy a car, use Vantage!!

Corinne Antonelli

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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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The car was delivered as expected and communication regarding its status was excellent.
The car was delivered as expected and communication regarding its status was excellent.

Rodney Brown

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