A dealership's demonstrator (demo) vehicle was sold as a new vehicle due to it never being purchased, registered, or titled. For warranty purposes, the vehicle's placed in service date was the date the dealership began using the car as a demonstrator vehicle. For my personal tax purposes, since the car is for personal use only (not business), would the placed in service date reported to the IRS be the date I purchased and took possession (occurred on the same date in this case) of the new vehicle?
