How To Buy A Car In Your Business Name [STEP-BY-STEP]

Buy a car in your business name. We're walking through the steps, should you lease or finance, and insurance. Whether it's for Turo or to meet clients, here's a guide to using your business to purchase a vehicle.

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

[chmada]

you are the only man online to give real info on how to do this..thanks for the no nonsense info.

[ClassyLyfeStylellc]

I have options where I can buy vehicles for the low…. I’d use my personal money to invest and purchase…. No leasing or bank loans needed bro. I purchased two motorcycles for our racing team for promotional marketing and mobile advertisement. Sold all my extras and fun stuff to buy the two bikes, now I rent them for music videos, photoshoots and photography set ups.

[aaronanderson]

Came just looking for general info and ended up filling for a DUNs number, something I hadn't heard of until now. Automatic like & subscribe. Thanks!

[togomarketing]

Value packed information in less than 10 mins. Excellent job on this video. TY!

[zahktuthalxalyrion]

I never heard of DUNS, but I knew the rest. That means I learned something new! Makes this video great by default! Thanks for the great information!

[foreigntay_]

Love how he explained it. He made it sound so easy but is it really that easy?

[mellymel]

Still don’t know how to buy a car in my business name but thanks 😂

[emilymurphy]

Awesome explanation. Thank you so much for your knowledge and sharing. It's been super helpful. Direct and to the point. Thank you, thank you, thank you.

[jamaridavis]

Love that this knowledge is coming from a black man ! #LETSKEEPITUP

[ritualsinz]

I’m just gonna say bro, this video was dope and so informative. NEW subscriber! Thanks again

[SigningWithOmar]

Thank you for this video...I will follow your advice when I purchase me business vehicle

[codyhaas]

If you are just paying for a car cash, do you use business funds from business checking account or do you use personal checking account and then depreciate the vehicle? Particularly looking at trucks.

[jreevesnfg]

Thank you so much for this! What are your thoughts on selling your personal car to you LLC, would it be easier potentially?

[thegoodcremeveganicecream]

Thank you so much for this information!!! Now to set up my trade lines.

[teddychriss]

I was like this guy looks familiar. Great video. I hope you continue to be blessed!

[RKHTY]

Super helpful! This is the first video I've watched that gives clear step by step instructions! Thank you!

[r.e.]

Great afternoon, LYFE Accounting family! Once again, y'all are right on time with this one... Thank sincerely 👍

[gabrielacastillo]

Thank you so much for such clear explanations!

[andreacarter]

This is absolute Knowledge! Thank you as always... 👍

[richardmingo]

When you finance can you write off the payments. I’m a CDL driver that started my logistics business. Will be getting a tractor and new vehicle next year.