S4gasbord

But then I'm not financing it either.

Evil Buddha

I seem to remember that the lease would be increased to cover any income and the residual value of the car would be worth the trouble.

Silver Fun

I would rather "float" my losses up front than guarantee them with a residual value designed to protect the lease company. I have no way to expense a car in my profession. Can only use the uncle sam $0.37 per mile.

Sarge

I.E. finance the car some rate lower than your cash standstill rate of return, probably a 24 month loan with 20% down on the car at hopefully something under 6% (haven't looked at car loan rates lately).

I'd think you could manage to have a personal loss and a business expense.

Of course at the end of the day you still have to divvy the % of miles for business vs personal use (personal use is income usually), but it seems like that's the best you could hope for anyway...

Not sure that all beats just declaring it as bus. use. I'm not an accountant by any means, either. This is just conjecture.