Deductions & credits

if you are an employee you can not deduct lease payments or depreciate the vehicle, but if you sell it for more than you cost the gain is taxable.

with a lease your holding period would not begin until the date of the buyout so you could have a short-term capital gain. if a loss, it's  not deductible. 

 

if you are self-employed, other complications arise if the use was not 100% business.