Hi all i havent been able to find much information on this and only can find stuff if you have a small business. I was previously in real estate and went to back uni, now with uni almost finished i am going back into the real estate and need to purchase a car. I will receive a car allowance from work of about $140 a week. is that just for the ongoing use and maintenance of a car? or does is cover the potential purchase of a car aswel. My 3 options were as follows Buy a car with the money i have plus a little extra from the sale of my previous car Use the money from the sale of my car and finance to source a newer car or completely finance the above or a brand new car. My question come tax time can all the above scenarios deduct the purchase of the car when doing the tax refund ? Which would be the best scenario to make sure i am utilising my funds best.