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January 4, 2022
Question

I was claiming lease payments on my car

  • January 4, 2022
  • 1 reply
  • 0 views
Car lease payments ended Dec 18, 2021, I put in $1k down and started monthly interest payments Dec 29, 2021. I understand that I still claim the monthly lease payments for Jan 2021 - Dec 18, 2021 but not sure how to include the downpayment part.

    1 reply

    January 6, 2022

    You can include the cost of the down payment as the cost of the car in the calculation of its CCA.

     

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