Originally Posted by
kJUMP
i too have a prof corp and i have been advised very clearly by my accountants at MNP in addition to my FIL who is a retired CRA auditor, to not even think about putting a car in the business, and i even work at several different sites. as others have said before, holding it personally and claiming mileage in some fashion is the best way. it just opens you up to more scrutiny, which should be the one thing we are all trying to avoid on the tax front. think about it, if i was a CRA lifer driving a honda accord and a file came across my desk showing a dentist driving a fancy AM for "business purposes", i'd get ready to tee off.