Putting a car on the company name - Tax Benefits?

hightech wrote: ↑ I was looking to upgrade my vehicle and was thinking of putting it on my Corporation name.

Here are some details I can think of:

$45K to $50K vehicle
25% work related driving
Monthly payment approx. $650
Personal tax bracket is pretty low around 20%
Maintenance costs I need to figure out
Insurance costs I need to figure out

Would it be beneficial to put on the corporate name vs. personal name?

Thanks

braveheart2006 wrote: ↑ If you use a company car for personal driving, there is a standby charge.

I've been told by multiple accountants that unless the car is used 90%+ for business, it is better to own personally and have the company compensate you for driving costs.