Let me break this down for you the way I always do — simple, clear, and strategic. I recently purchased a 2025 Cadillac Escalade under my C-Corporation — and not once did they ask for my social security number or date of birth. That’s right. No personal credit. No personal guarantee. Just straight business.
So how did I do it?
And better yet — how is this vehicle going to be a full tax deduction, build my business credit, and position me for even more leverage in a few months?
Let me walk you through it — and at the end of this blog, I’ve got a video you can watch that shows you step by step how I did it.
The receipts. The proof. The truth.
No gimmicks. No fluff. Just pure reality.
Step 1: My Corporation Bought the Vehicle — Not Me
When I say "own nothing but control everything," this is exactly what I mean.
I didn’t walk into the dealership as Dewayne Williams.
I walked in representing my C-Corporation, MAC Enterprise Consulting Inc.
That means:
No social security number was given
No date of birth was requested
They financed the vehicle in the business name only
This is the power of corporate credit and building your business foundation the right way.
Step 2: I Used a Down Payment
(a.k.a. Business Voucher)
I put money down on the vehicle — not from my personal account, but from my business account. That down payment is a tax deduction.
Why?
Because the IRS allows you to deduct the cost of acquiring business assets. And since the car is for business use (meetings, speaking engagements, client site visits, and more), that down payment reduces my corporate tax liability.
Step 3: Monthly Car Note = More Tax Deductions
Each month I make a car payment — from the business bank account. That payment is a business expense.
But here's where it gets even better:
As I make those payments every month, GM Financial is reporting that positive payment history to business credit bureaus.
So I’m not just driving a luxury SUV.
I’m building business credit while reducing my taxes.
Step 4: Gas. Maintenance. Repairs. Insurance. Tolls. All Business Deductions.
Every time I fill up the tank — that’s a deduction.
Every oil change? Deduction.
Tire rotation? Insurance? Even the car wash?
All tax-deductible — as long as the vehicle is used for business purposes.
Step 5: Depreciation – Explained in Simple Terms
Now let me break this down for the people in the back:
Depreciation is when the IRS says:
“We know the value of this vehicle will go down over time, so we’ll let you subtract a portion of that value from your business income.”
Let’s make it even simpler:
Imagine you bought a brand-new video game for $100. After a year, it’s only worth $60. The IRS lets you “pretend” like your business lost money on the car the same way — and that loss can reduce how much tax you owe.
There’s a rule called Section 179 that lets you deduct a huge chunk — sometimes up to 100% of the purchase price in the first year — especially for large vehicles like an Escalade.
So even though I’m making payments, the IRS is letting me reduce my tax bill based on the full price of the vehicle.
Translation?
When I file taxes next year, this truck will have essentially cost me nothing.
Checkmate!
Step 6: I’m Not Chasing the Bag — I’m Chasing Leverage
Because I used the corporation, I:
Protected my personal credit
Didn’t risk my personal finances
Took advantage of business tax laws
Positioned myself to scale
Now that GM Financial has funded this vehicle, I’m already setting up to expand.
In just a few months, I’ll be able to apply for a fleet of vehicles under my company — with no personal guarantee — and use those vehicles to launch an entirely different business.
So if you’re still using your personal name and personal credit for business?
You’re leaving money — and leverage — on the table.
So I Know What You’re Thinking...
“If you didn’t give them anything… what did they verify?”
And this is where it gets real.
Don’t ever follow anyone who hasn’t been where you’re trying to go.
And never take advice from anyone who hasn’t accomplished what you’re trying to accomplish.
Remember when I told you that Stripe will fund your business without using your personal credit — when your business is structured through the Legacy Builder?
And remember I said that once Stripe funds you and you start making payments, they report that loan to the Small Business Financial Exchange (SBFE)?
WELLLLLLLLLLLL…
When GM Financial pulled my business credit, they saw a term loan already reporting.
That told them:
✅ This business has borrowed money
✅ This business has made on-time payments
✅ This business is low risk
So guess what?
That’s all the verification they needed.
No SSN.
No DOB.
Just business credit receipts.
And there you have it.
No gatekeeping. Just pure sauce.
Now do you see why I always say the Legacy Builder is the most important investment you can make?
It’s not about having a company on paper.
It’s about building the right foundation — so you can move in real power.
Final Word
I’m not sharing this to impress you.
I’m sharing it to teach you what’s possible when your business is structured right.
Stop playing small.
Stop thinking like a consumer.
And remember:
We don’t chase the bag — we chase leverage.Checkmate.
If you’re ready to structure your business properly, build credit, reduce taxes, and stop using your SSN to do business — schedule a consultation or sign up for my Masterclass or Legacy Builder Package today.
Let’s build.
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