New car purchase for business
$30,000-$80,000
Can I Write Off a New Car for My Business?
Short answer: Yes for the business-use share, through depreciation or the standard mileage rate.
Vehicles over 6,000 lbs GVWR get the biggest first-year write-off; passenger cars are capped at roughly $20,000 in year one.
Records to keep: Keep a contemporaneous mileage log (date, miles, business purpose), business-use percentage, the purchase contract, and a photo of the door-jamb GVWR sticker.
BW-B22-00634
medium risk
New car purchase for business
Typical range: $30,000-$80,000
General Business
Vehicles & Fleet
Vehicles by Make & Model
Yes for the business-use share, through depreciation or the standard mileage rate.
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
Yes for the business-use share, through depreciation or the standard mileage rate. Vehicles over 6,000 lbs GVWR get the biggest first-year write-off; passenger cars are capped at roughly $20,000 in year one.
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- Vehicles by Make & Model
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search demand 2026
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