Re: Are the finance charges on my auto loan the sa...
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Are the finance charges on my auto loan the same thing as interest paid on my auto loan?

 
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Are the finance charges on my auto loan the same thing as interest paid on my auto loan?

No, and neither one is deductible if auto is for private use only.

Finance charges are a one-time event, thus added to purchase price for determining depreciation.

Interest is an annual charge, deductible proportionate to business use IF you use Actual Expenses vs. Standard Mileage.

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