Meh, free company vehicle... V8, V6, 4cyl, 3cyl... it's free
Technically, VMan pays for it at the end of the day...
Operating expense... will cost him less than if he was paying out of his personal income. Company makes less, pays less taxes, Vman makes less, pays less taxes... in the end he/they will come out a bit ahead. I write off a portion of my car thru my corporation as well, end up paying a bit less taxes because it reduces the company income.
I get that, but at the end of the day, by spending money on equipment, even though it's a tax write-off, the company still makes less net profit, and therefore VMan is worth less at the end of the day.
I get that businesses have to buy and renew equipment, but as the owner of a company, buying yourself a new company vehicle still isn't 'free'. He'll pay for it one way or another.