Vehicle #1 was presumably used for most of 2014 and could be depreciated at $8,500 /12 x 11 = approx $2,337
Vehicle #2 depending on when in December you began using it might be depreciated at ($20,000/2) /12 x 1 x 30% = approx $250.00
You cannot depreciate both vehicles at the full depreciation for the entire year.
You can record a deemed sale of the first vehicle at December 31, as a change of use from business to personal at the UCC if you can find identical vehicles priced at the same value of $8500 give or take. This would prove market value, which is what CRA would expect you to pay if you were buying the vehicle in reality. The advantage to this would be no capital gains or as it shows on TT, a recapture. The sale would be a personal one in 2015. The disadvantage would be a repayment of any GST/HST claimed, at the difference between the GST/HST claimed on the purchase price and the GST/HST on the sale at $8500. Bear in mind, too, that if it was HST claimed on purchase, CRA will expect HST repaid on the deemed sale. This is assuming you are a GST/HST registrant.
