This is a great question. Its also one of those that may bring up many more questions - so I hope that you're not looking for a quick & simple answer. I assume that your corporation is registered with the state and that the car would be used 100% for business use. In that case, the car should be considered an asset of the company. I don't know if it can be depreciated like real property, but the car expense should reduce your gross income as a business expense. I'm not an accountant and didn't stay at a Holiday Inn Express last night, so you know what they say about free advice...
I think there are enough other factors involved, like the auto insurance, liability, etc., that a business advisor or accountant would be a good idea. If you're a student, maybe a business class or tax accounting class would be useful. I believe that you can even get free tax training from the IRS if you volunteer in their VITA program.
I hope some others chime in here on this question.