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Old 11-29-2010, 12:28 PM
 
Location: Sanford
1 posts, read 1,043 times
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I live in Sanford NC and want to know if any one can help me, I want to purchase a vehicle through my bussines and don't know where to start is there any one who can point me in the direction I should go in to do this?
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Old 11-29-2010, 01:26 PM
PDD
 
Location: The Sand Hills of NC
8,773 posts, read 18,391,312 times
Reputation: 12004
If you have a licensed or registered business with good credit, you should have no problem buying a car on credit.
If you are paying cash your accountant will show you how to depreciate your car.
If you lease a car the entire monthly cost of the lease is a write off.

Certain vehicles can be written off completely for business use other vehicles you can only write off a percentage.
Trucks are a complete write off but not cars. Sometimes an SUV con be a complete write off depending how it's registered.
I have owned all kinds of construction vehicles and autos and some you can write off completely and some not.

I would consult with your accountant before making a purchase.

I hope I answered you question.
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