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A simple Answer TO yOUr Question

Does the lease inclusion amount reduce my deduction?

Yes. For leased vehicles above a certain value (the threshold changes annually), the IRS requires you to reduce your deduction by a "lease inclusion amount." This prevents taxpayers from using leasing to avoid the depreciation caps that apply to purchased vehicles. The inclusion amount is relatively small but increases with the vehicle's fair market value.

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Testimonials

What Our Customers Say

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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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Vantage was so easy to deal with, we highly recommend them! This beautiful Jeep Grand Cherokee was just dropped off 2 days ago & we love it!!
Vantage was so easy to deal with, we highly recommend them! This beautiful Jeep Grand Cherokee was just dropped off 2 days ago & we love it!!

Samantha Gripps

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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 Auto Group was wonderful! I unexpectedly had to get a new car and I was nervous about the process, but they made it extremely convenient, promptly found multiple options for me to choose from within my price range, went above and beyond to help me get the best interest rate when I eventually made my purchase, and delivered the new car right to my door! All of my questions and concerns were answered quickly and fully along the way, and I never once got the “icky car salesman” feeling that you might expect when making a big purchase like this. Sean U was my main contact and I can’t thank him enough for all of his hard work to help me find the perfect car. Purchasing a car through Vantage was a refreshingly seamless experience and I highly recommend using them for all of your car needs!
My experience with Vantage Auto Group was wonderful! I unexpectedly had to get a new car and I was nervous about the process, but they made it extremely convenient, promptly found multiple options for me to choose from within my price range, went above and beyond to help me get the best interest rate when I eventually made my purchase, and delivered the new car right to my door! All of my questions and concerns were answered quickly and fully along the way, and I never once got the “icky car salesman” feeling that you might expect when making a big purchase like this. Sean U was my main contact and I can’t thank him enough for all of his hard work to help me find the perfect car. Purchasing a car through Vantage was a refreshingly seamless experience and I highly recommend using them for all of your car needs!

Nicole Salge

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Fantastic experience with Dave as always.

Fantastic experience with Dave as always.

Fil Mendes

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Denis Lipari

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I had an outstanding experience leasing my car from Vantage Group. From start to finish, the process was seamless and stress-free. I wholeheartedly recommend them to anyone looking for a smooth and enjoyable car-buying experience!

I had an outstanding experience leasing my car from Vantage Group. From start to finish, the process was seamless and stress-free. I wholeheartedly recommend them to anyone looking for a smooth and enjoyable car-buying experience!

Stefanie Jurista

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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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Incredibly easy to buy a car. We found the one we want. All arrangements made on the phone. The car was seamlessly delivered to our house. Very smooth process!!

Incredibly easy to buy a car. We found the one we want. All arrangements made on the phone. The car was seamlessly delivered to our house. Very smooth process!!

Todd Krell

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

The entire process from start to finish was handled with class

The entire process from start to finish was handled with class

Donald Blaine

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