Deductions & credits

No matter where/how  you finance the auto loan it is still just a lien on the car title like a mortgage on your home.  You OWN  the property you just couldn't pay it all in cash up front, someone else needed to loan you the money.  

 

If this was a restriction the IRS reg would say so ... like it says leased vehicles are not allowed since you are not the registered owner of the car.