I understand there are other financial considerations besides depreciation of the vehicles and yes I will have an accountant (might be via TurboTax or its partners) eventually but this wasn't my question. If you could explain to me how vehicles depreciation work, would be great. Vehicle loan (owned not leased) is 60K for 60 months -> Monthly payment is 1K. Bought in January. Used 100% for business. Can I use the standard miles per gallon deduction? Thanks for your time again.
