{"id":42915,"date":"2022-07-01T10:04:49","date_gmt":"2022-07-01T10:04:49","guid":{"rendered":" https:\/\/dev.way.com\/blog\/?p=42915"},"modified":"2022-07-01T10:04:49","modified_gmt":"2022-07-01T10:04:49","slug":"how-to-buy-a-car-under-a-business-name","status":"publish","type":"post","link":"https:\/\/dev.way.com\/journal\/how-to-buy-a-car-under-a-business-name\/","title":{"rendered":"How to Buy a Car under a Business Name : All You Need to Know"},"content":{"rendered":"<p style=\"text-align: center;\"><em>Now that your company is up and running, you may want to consider buying a vehicle or two to help you get around. Having a vehicle for commercial purposes is almost always a must. Additionally, it saves time and energy for you and your field crew, allowing you to get more done in a shorter period of time. Want to know how to buy a car under a business name? Read on to find out what you need to know.\u00a0<\/em><\/p>\n<h2><span data-contrast=\"auto\">Advantages of buying a car under a business name<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h2>\n<ul>\n<li><span data-contrast=\"auto\">Separation of personal and business assets: If you get a business vehicle in your own name, you&#8217;re mixing your business and personal assets, which many people don&#8217;t like to do (rightfully so). When you buy a car for your business under your business name, you keep the two separate. You are also protecting yourself from being sued if there is an accident with the car.<\/span><\/li>\n<li><span data-contrast=\"auto\">Higher insurance coverages: Again, because business vehicles pose more risks, commercial auto insurance tends to have higher coverage limits. This means that if you get into an accident, you shouldn&#8217;t have any gaps in coverage.<\/span><\/li>\n<li><span data-contrast=\"auto\">Tax deductions: If you buy a car under your business name, it is a business expense, so you can write off some of the cost on your taxes.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.way.com\/auto-insurance\/car-insurance-in-new-york\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/blog.way.com\/wp-content\/uploads\/2022\/06\/MicrosoftTeams-image-1-3.png\" alt=\"buying a car under a business name \" width=\"2382\" height=\"882\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2><span data-contrast=\"auto\">How to buy a car with business credit<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h2>\n<h3><span data-contrast=\"auto\">Set up credit for your business<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h3>\n<p><span data-contrast=\"auto\">Before you can get a loan to buy a car under your business name, you&#8217;ll need to build and keep up enough business credit.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Get an ID number for taxes. To start building credit for your business, you&#8217;ll need an Employer Identification Number (EIN) from the IRS. You can also go to the IRS website and fill out an SS-4 form.<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Create a credit profile. Sign up with one of the best credit bureaus. After you make your profile, you can upload financial statements and other information about your company.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"auto\">You&#8217;ll need at least three trade lines with big companies like FedEx or Staples to get a credit score from a credit bureau. Make sure your supplier sends the payment information for your company to the credit bureau.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/media1.giphy.com\/media\/WyXzZAzHOvtnYdDbgE\/giphy.gif?cid=ecf05e47lfg4xlt8dwwlpv4o2ln39uqdqej4fwuk9yzwwd7s&amp;rid=giphy.gif&amp;ct=g\" alt=\"Rap Game GIF by TrueReal\" width=\"443\" height=\"249\" \/><\/p>\n<p style=\"text-align: center;\"><em>Via <a href=\"https:\/\/giphy.com\/\" target=\"_blank\" rel=\"noopener\">Giphy<\/a><\/em><\/p>\n<h3><span data-contrast=\"auto\">Build and keep good credit for your business<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h3>\n<p><span data-contrast=\"auto\">It can take up to two years to build up enough credit for your business, so you should start as soon as possible. To get a high credit score, you&#8217;ll need to do the following:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Pay your bills on time. It&#8217;s always a good idea to pay your bills on time, but sending them in early will help your credit score.<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Don&#8217;t use a lot of credit. Limit your business to 20\u201330% of the credit it can get.<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">Check your public files. To get good credit, you&#8217;ll need a clean record. Your score will go down if you go bankrupt or get fined by the court.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/media3.giphy.com\/media\/wRgtUUCRA8uQ42TnxS\/giphy.gif?cid=ecf05e47ksbtqnxm0docxlvxxrcl7v7j06z7zlvim7k5gumz&amp;rid=giphy.gif&amp;ct=g\" alt=\"Vegan Pet GIF by John Crist Comedy\" width=\"451\" height=\"249\" \/><\/p>\n<p style=\"text-align: center;\"><em>Via <a href=\"https:\/\/giphy.com\/\" target=\"_blank\" rel=\"noopener\">Giphy<\/a><\/em><\/p>\n<h3><span data-contrast=\"auto\">Finalize the car you want to buy<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h3>\n<p><span data-contrast=\"auto\">Now it&#8217;s time to choose your car, but before you go to the dealership, there are a few things you need to do.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"6\" data-aria-level=\"1\"><span data-contrast=\"auto\">Check the credit score of your business. Check with several credit bureaus to see what your business&#8217;s credit score is. To check your credit score, you&#8217;ll have to pay, but it&#8217;s worth it to know where you stand. <\/span>Most of the time, seeing your score costs between $37 and $100. Your score will be between 0 and 100. If your score is 80 or higher, you should be able to get a loan. If it&#8217;s below 80, it&#8217;s better to get a car loan in the name of your business than to buy a car right now.<span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559685&quot;:720,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\"><br \/>\n<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"7\" data-aria-level=\"1\"><span data-contrast=\"auto\">Look for car lots that sell mostly commercial vehicles. These divisions help businesses buy vehicles and will make it easier for you to buy a vehicle.<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"8\" data-aria-level=\"1\"><span data-contrast=\"auto\">Choose the car you want. Make sure the vehicle fits the needs of your business. For instance, if you run a delivery service, a minivan or truck would be a good choice. If your car will be used to get around, choose one that gets good gas mileage.<\/span><\/li>\n<li style=\"text-align: center;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"9\" data-aria-level=\"1\"><span data-contrast=\"auto\">Show your financial documents. Before giving out a loan, banks will want to see a variety of financial records and other documents. Lenders will probably also check your credit score, so you should check your credit report first.<\/span><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/media4.giphy.com\/media\/5zfv4V9HiHw2dPWOkA\/giphy.gif?cid=790b7611bdb4ab4391ef05c1e2bd6bd5ac5df1016f931339&amp;rid=giphy.gif&amp;ct=g\" alt=\"Car Sales Money GIF by PWL Capital Inc.\" \/><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\"><em><br \/>\nVia <a href=\"https:\/\/giphy.com\/\" target=\"_blank\" rel=\"noopener\">Giphy<\/a><\/em><br \/>\n<\/span><\/li>\n<\/ul>\n<h3><span data-contrast=\"auto\">Getting a business car loan<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h3>\n<p><span data-contrast=\"auto\">Now that you&#8217;re ready to buy a car, you can do one of two things. You can either get a loan from the dealership or look into car loans at banks and credit unions in your area.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"10\" data-aria-level=\"1\"><span data-contrast=\"auto\">You can always sign a guarantee if your business&#8217;s credit score isn&#8217;t high enough to get a loan. This means that if your business can&#8217;t make the payments, you will have to pay the amount yourself.<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"11\" data-aria-level=\"1\"><span data-contrast=\"auto\">Make your loan payments on time. Don&#8217;t forget to use the bank accounts of your business to pay back your loan. If your business payments are made with a personal account, the IRS might look into it.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/media1.giphy.com\/media\/8UHSFMTCnK80EQQiSd\/giphy.gif?cid=790b76117cd62f310bf85cd64af53fe76e5421f91fa577a8&amp;rid=giphy.gif&amp;ct=g\" alt=\"The Middle Deal GIF by ABC Network\" \/><\/p>\n<p style=\"text-align: center;\"><em>Via <a href=\"https:\/\/giphy.com\/\" target=\"_blank\" rel=\"noopener\">Giphy<\/a><\/em><\/p>\n<h3><span data-contrast=\"auto\">Register your vehicle<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h3>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"12\" data-aria-level=\"1\"><span data-contrast=\"auto\">Get car insurance: If you&#8217;re going to use the car mostly for business, you should get commercial auto insurance. If you only plan to use the car for business part-time, it might be better to get personal auto insurance. Apps like Way can help you compare quotes and helps you get the best affordable car insurance for you.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"13\" data-aria-level=\"1\"><span data-contrast=\"auto\">Put the car in the name of your business: Every state has its own rules about how to register your car. You might have to show copies of your Articles of Organization to show that your business is being run correctly.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"4\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"14\" data-aria-level=\"1\"><span data-contrast=\"auto\">Ask for a tax deduction: You already know that the rules for tax deductions are hard to understand. Depending on whether your business is an LLC, a corporation, or a partnership, you may be able to claim a bigger deduction.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/media1.giphy.com\/media\/3otPorfb8Lu7wjKllm\/giphy.gif?cid=ecf05e4735yal1vc7h5yuhcwm7pkdds51cs7bkkbv1nzuhw4&amp;rid=giphy.gif&amp;ct=g\" alt=\"Voting Stanley Tucci GIF by Election 2016\" \/><\/p>\n<p style=\"text-align: center;\"><em>Via <a href=\"https:\/\/giphy.com\/\" target=\"_blank\" rel=\"noopener\">Giphy<\/a><\/em><\/p>\n<h3><span data-contrast=\"auto\">Double-check everything for your safety<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/h3>\n<p><span data-contrast=\"auto\">In terms of paperwork, there are a few important things to remember both before and after the purchase. First, make sure that the car has insurance. You shouldn&#8217;t leave the dealer without it. Second, make sure the car is registered and know what rules your state&#8217;s DMV has for company-owned cars. This will help you stay on the right side of the law and keep your money safe.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Buying a car under a business name is not very different from buying a car as an individual. If you keep your credit in good shape and follow the rules in your state, you&#8217;ll be on your way to growing your business and meeting its needs in no time. Once you have the car in your possession, you can register it in the name of your business.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><em><span data-preserver-spaces=\"true\">Here&#8217;s more info on <\/span><\/em><a class=\"editor-rtfLink\" href=\"https:\/\/www.way.com\/airport-parking\" target=\"_blank\" rel=\"noopener\"><em><span data-preserver-spaces=\"true\">top-rated airport parking<\/span><\/em><\/a><em><span data-preserver-spaces=\"true\">,\u00a0<\/span><\/em><a class=\"editor-rtfLink\" href=\"https:\/\/www.way.com\/cities\" target=\"_blank\" rel=\"noopener\"><em><span data-preserver-spaces=\"true\">the best parking spots in your city<\/span><\/em><\/a><em><span data-preserver-spaces=\"true\">, affordable\u00a0<\/span><\/em><a class=\"editor-rtfLink\" href=\"https:\/\/www.way.com\/auto-insurance\" target=\"_blank\" rel=\"noopener\"><em><span data-preserver-spaces=\"true\">auto insurance<\/span><\/em><\/a><em><span data-preserver-spaces=\"true\">, easy\u00a0<\/span><\/em><a class=\"editor-rtfLink\" href=\"https:\/\/www.way.com\/auto-refinance\" target=\"_blank\" rel=\"noopener\"><em><span data-preserver-spaces=\"true\">Auto refinance<\/span><\/em><\/a><em><span data-preserver-spaces=\"true\">, and\u00a0<\/span><\/em><a class=\"editor-rtfLink\" href=\"https:\/\/www.way.com\/car-wash-near-me\" target=\"_blank\" rel=\"noopener\"><em><span data-preserver-spaces=\"true\">high-quality car washes near you<\/span><\/em><\/a><em><span data-preserver-spaces=\"true\">.<\/span><\/em><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Now that your company is up and running, you may want to consider buying a vehicle or two to help you get around. Having a vehicle for commercial purposes is almost always a must. Additionally, it saves time and energy for you and your field crew, allowing you to get more done in a shorter&hellip; <a class=\"more-link\" href=\"https:\/\/dev.way.com\/journal\/how-to-buy-a-car-under-a-business-name\/\">Continue reading <span class=\"screen-reader-text\">How to Buy a Car under a Business Name : All You Need to Know<\/span><\/a><\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-42915","post","type-post","status-publish","format-standard","hentry","category-cars-explained","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.3 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to Buy a Car under a Business Name : All You Need to Know &#187; Way Blog<\/title>\n<meta name=\"description\" content=\"Want to know how to buy a car under a business name? 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