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Advantages or Disadvantages in Registering Vehicles Under Your Business
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Advantages or Disadvantages in Registering Vehicles Under Your Business - July 7, 2012, 06:57 PM

Advantages or Disadvantages in Registering Vehicles Under Your Business vs. Personal use.

Anyone familiar with the pros and cons? Is there financial savings in doing one over the other in terms of tax deductibles, property taxes paid, insurance, etc.?

Which is better in your experience?

Thanks for posting!


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July 10, 2012, 08:03 AM

thx for posting
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July 10, 2012, 08:27 AM

You can amortize the cost of the vehicle and write it off over time, however using a company vehicle for personal use is a big no no. My neighbor got popped by the IRS and got some hefty fines.


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