Self-employed company car: Business use of vehicles
Businesses profit from our wide range of mobility solutions.
Find out how to benefit from a self-employment company car!
A company car offers countless advantages in self-employment, starting from the most obvious: mobility and flexibility. However, a classic company car also has high acquisition and running costs that not everyone can pay. On the other hand, especially when just starting a business, people are pleased about every opportunity to save money, resources and minimize risk. SIXT Business solves the traditional downsides of buying or leasing a car, which gives you all the benefits of a self-employed company car without stress.
Benefit from unlimited access to an extensive vehicle portfolio with the latest car models. When using your self-employed company car, you are ideally equipped for every task and occasion without having to buy or lease multiple vehicles at a time. For example, do you need a BMW 530 Hybrid for your customer appointments as a financial advisor or a Toyota Tacoma to deliver a custom-made order? Whatever task you have to manage, we have the perfect car to go with it, and since we are globally equipped, we can additionally provide for you during global projects.
Do you want to treat your loved ones to dinner after work or on the weekend? Lovely! Your self-employed company car is perfect for work use as well as private use making it incredibly convenient.
Benefit from full financial planning capability and low risk. There are no running costs in financially challenging times due to flexible rental times and an exemption from seasonal fluctuations. As a result, accounting could not be easier!
High investment and maintenance costs when buying or leasing a car can be discouraging. A company car should offer you complete flexibility and not turn into an unpredictable liability. SIXT Business provides the ideal overall package and delivers distinct advantages to the self-employed. Especially the immediate availability, flexible rental times, and the non-existent residual value loss grant our company rental option with an unbeatable value. Profit from an overall cost reduction, optimized processes, and an excellent price-performance ratio.
Pickup | PPAR
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This is car that is practical, durable, and versatile. The Dodge Ram is a hero on every surface and a true classic when it comes to vehicles that can handle a hard day’s work. It ticks all the boxes for practicality, comfort, power, and safety.
Perfect for transporting people and heavy goods or towing, even on untouched terrain.
SUV | SFAR
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The bigger version of the Cherokee models radiates strength and elegance from every angle. The SUV keeps you safe in every situation with practical driver assistance features and all the relevant data for your drive. Combined with the powerful engine, the Grand Cherokee is perfect for passionate drivers.
Perfect for long drives to clients or projects and if you have to carry a lot of equipment.
Convertible | LTAR
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With this German convertible, head-turning looks are guaranteed. The Audi A5 Impresses with pure elegance, defined lines on the hood, and luxury through and through. Rediscover your joy of driving! Enjoy your surroundings and relax before your next meeting with the top up or down, just as you please.
Perfect for driving to meetings with premium clients in sunny weather and little equipment.
SUV | IFAR
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The Forester is the perfect SUV for long drives. It keeps you alert with safety features such as EyeSight driver assist technology, a driver focus system, and “all-around awareness.” It adapts to any road thanks to symmetrical All-Wheel Drive and impresses with a spacious interior.
Perfect for long drives to clients, late-night work, and the option the bring a lot of equipment with you.
Pickup | PPAR
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The perfect vehicle for any transportation task. Don’t worry about getting a headache from all the driving noises. The Chevrolet Silverado comes equipped with tripled-sealed inlaid doors, a tuned exhaust system, and an aerodynamic windshield angle giving you a relaxing ride no matter the load.
Perfect for transporting heavy goods and relaxing after a loud work environment and a long day.
SUV | RFAR
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German cars are celebrated for their engineering, style, and sophistication, and the Volkswagen Atlas is no exception. Benefit from a wide range of safety and technical features and enjoy the spacious interior with seven seats and plenty of space for any materials you might need on the job.
Perfect for plenty of material you might need on the job and enough space for clients to join you.
Hybrid | XCAH
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The BMW 530 Hybrid has an all-electric range of 18 to 21 miles depending on the model. Perfect for short drives within a city. In addition, the 530 comes with an extensive amount of luxurious convenience features, making even the shortest drive a pleasant experience, despite any traffic.
Perfect for meetings and pitches to premium clients within short distances without compromising on luxury.
Pickup | SPAR
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The midsize pickup truck is suitable for any surroundings and masters even the most challenging roads, or lack thereof. It doesn’t try to lure you in with a lot of luxury. Instead, the Tacoma impresses with its capabilities as a willing workhorse and high durability making it the perfect reliable truck.
Perfect for unknown roads or rural areas as the most reliable craftsman car with space for many supplies.
In self-employment, a company car provides many benefits—the most obvious being mobility and flexibility. When buying or leasing a vehicle, however, significant investment and maintenance costs can be disheartening. Overall, a company car should provide you with complete flexibility rather than being an unpredictable and risky liability. SIXT Business eliminates the drawbacks of buying or leasing a car, allowing you to enjoy all the benefits of a self-employed company car without the hassle.
Enjoy unrestricted access to a diverse vehicle portfolio featuring the most up-to-date automobile models. Be well equipped for every activity and occasion without having to buy or lease multiple vehicles simultaneously. Whatever task you have to complete, we will have the ideal vehicle. Benefit from comprehensive financial planning and little risk due to variable rental terms and a lack of seasonal swings. As a result, accounting could not be more straightforward!
SIXT Business offers you an all-in-one package and provides unique benefits to the self-employed. Our company rental option is of exceptional value due to its rapid availability, variable rental times, and lack of residual value loss. Profit from lower total costs, more efficient operations, and a high price-to-performance ratio. A SIXT Business self-employed company car is the perfect solution for small companies, the self-employed, and start-ups. Get the ideal car for your daily tasks and circumstances. Register in five easy steps and get the car you need today. No acquisition costs. Maintain complete flexibility. Worldwide.
The laws on company car taxation may vary in every state. If your company owns the car, the financial worth of your business driving is a tax-free fringe benefit supplied by your company. This only applies if the business owns the car.
When a business owns a company car, it can deduct all associated real expenses. These can include, but are not limited to: depreciation, car loan interest, and insurance charges. If your firm is a pass-through organization (e.g., a sole-proprietorship, a limited liability corporation, or an S-corporation, among others), these deductions can reduce the amount of taxable profit passed through to your tax return. Otherwise, these expenses cannot be deducted.
The use of the automobile for personal purposes is a taxed fringe benefit. That sum must be added to your annual salary and income, and taxes must be paid on it. Find out more about the taxation of corporate cars in our article: How to use small business tax deductions.
To calculate the deductable car expense for business-related trips, either the standard mileage rate or the actual expense method can be applied. Find out more about these methods and how to calculate business mileage.