HELP with leasing or financing

[autumnrain]

to all the accountants out there.
so i am self employeed.. and i thought leasing was the only way for me to write off. i know i have a max. of writing off $800 a month. but i was just told that i can also finance and still write off. is this true and how does it work.
i brought a used vehicle from hyatt infiniti since its used they dont let me lease it.
someone with info please help. thanks

[Mangina]

Don't you have an accountant?

[autumnrain]

i called. left a msg she hasn't called back.. kinda of antsy want to know now. just thought i would try out beyond.

[Altezza]

You can write off the interest portion of the loan and you can claim CCA up to $30k of the vehicle's cost. What percentage you're allowed to write-off/claim will depend on your usage.

[autumnrain]

cca is???

[Altezza]

Capital Cost Allowance