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Can an S-Corp lease a car for the owner?

Yes. An S-Corp can lease a vehicle and provide it to a shareholder-employee as part of their compensation. However, personal use of the vehicle must be reported as taxable income to the employee. The S-Corp deducts the lease payments, and the employee reports the personal-use portion on their W-2. Proper documentation of business vs. personal mileage is essential.

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Thank you Vantage Auto for getting me a good deal on an Odyssey! Shout out to Charlie who made this process painless and smooth from beginning to end. Totally beats having to go to the dealership.

Thank you Vantage Auto for getting me a good deal on an Odyssey! Shout out to Charlie who made this process painless and smooth from beginning to end. Totally beats having to go to the dealership.

Erick Punsal

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Sean did such a wonderful job. I cannot thank him enough. The two young men he sent to deliver the car did a great job also
Sean did such a wonderful job. I cannot thank him enough. The two young men he sent to deliver the car did a great job also

Kenny Barnett

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I had an amazing experience working with Mark Viegas! He helped me get a leased vehicle without ever having to step foot in a dealership. Mark handled all the negotiations, worked within my down payment and monthly budget, and made the entire process stress-free. The best part — he even had the car delivered right to my home! I couldn’t be happier with how smooth and easy everything was. Highly recommend Mark if you want a professional who truly takes care of everything from start to finish.

I had an amazing experience working with Mark Viegas! He helped me get a leased vehicle without ever having to step foot in a dealership. Mark handled all the negotiations, worked within my down payment and monthly budget, and made the entire process stress-free. The best part — he even had the car delivered right to my home! I couldn’t be happier with how smooth and easy everything was. Highly recommend Mark if you want a professional who truly takes care of everything from start to finish.

Jessica

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I just had a really great experience with Deborah getting a new car. The whole experience could not have been easier. I highly recommend and will definitely be working with them again.

I just had a really great experience with Deborah getting a new car. The whole experience could not have been easier. I highly recommend and will definitely be working with them again.

Timothy Norsworthy

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Incredible service! Quick, easy, and got exactly what I wanted at the right price

Incredible service! Quick, easy, and got exactly what I wanted at the right price

Steven Finkelstein

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Working with Vantage was an awesome experience. They walked me through every step and made me feel like their top priority! They even returned my EZpass device that I had mistakenly left in my trade-in. I didn’t even know this industry existed prior to working with them, but I will never walk into a dealership to buy a car again, thanks to the amazing service Vantage provided. Highly recommend!

Working with Vantage was an awesome experience. They walked me through every step and made me feel like their top priority! They even returned my EZpass device that I had mistakenly left in my trade-in. I didn’t even know this industry existed prior to working with them, but I will never walk into a dealership to buy a car again, thanks to the amazing service Vantage provided. Highly recommend!

PJ Jones

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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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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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Amanda Rodrigues

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