Do you get a tax write-off for purchasing a new car?

Question:
I bought a 2007 Toyota tacoma...do you get a tax write-off for buying a new car?

Answers:

Is anyone willing to trade a 2000 mitsu eclipse GS for a 4x4 vehicle.?

The answers above are correct. Unless you use it for business or the vehicle is a "qualifying alternative fuel vehicle" e.g. hybrid, which your Tacoma is not, you won't qualify for a tax-deduction or write-off.

2000 VR6 jetta?

Sorry to say

What car should i buy?

not unless you own a business.

I bought a used car the car may have been in an accident that was not reported on carfax. What can I do?

nope, unless you can show it as a business expense.

When will the 2008 Ford Shelby GT500 start showing up in dealerships?

If you use it for business. Also, if your state doesn't collect income tax you can write off the sales tax on the purchase for your federal income tax

I sold a car about a month ago...?

No. unless you have a business or something.

Selling my car from a family trust?

I heard of small business owners buying Hummers and writing it off due to a loophole but not small trucks.

Why not remove sales tax on all hybrid cars in order to encourage more production and increased sales?

You can get a tax write off on new and used vehicles providing that it is used for business (This does not mean travel to and from work).
Work related would be a sales person that is require by his company to visits customers etc..

I am trying to find out which truck model needs the less maintenance and'll last: ford toyota doge chevy ect.?

Nope.

I'm thinking of buying an R registered VW Golf GTi but am a little concerned that it has done 130,000 miles

Only for home purchases can you write off the tax.

What car do you reccomend for starters?

Our country no longer rewards consumption of consumer goods. Haven't you heard of global warming?

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