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It's Tax Write Off Season at Car Dealerships

Posted on 10/21/24 at 8:15 am
Posted by sidewalkside
rent free in yo head
Member since Sep 2021
4608 posts
Posted on 10/21/24 at 8:15 am
G-Wagons and other heave vehicles will be flying off the shelves from here until the end of the year for tax write off purposes.

What are the OT baws buying this year?
Posted by TiptonInSC
Aiken, SC
Member since Dec 2012
21217 posts
Posted on 10/21/24 at 8:23 am to
I thought the F250 was the OT’s official vehicle?
Posted by rattlebucket
SELA
Member since Feb 2009
12858 posts
Posted on 10/21/24 at 8:24 am to
It still is. The G wagon is what they have just to loan out to friends when their F250
is in the shop
Posted by Fat and Happy
Baton Rouge
Member since Jan 2013
19961 posts
Posted on 10/21/24 at 8:51 am to
I wait for December because it’s a Lexus December to remember
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53509 posts
Posted on 10/21/24 at 9:09 am to
Posted by blueridgeTiger
Granbury, TX
Member since Jun 2004
22285 posts
Posted on 10/21/24 at 9:10 am to
quote:

Tax Write Off Season


Posted by Dragula
Laguna Seca
Member since Jun 2020
6816 posts
Posted on 10/21/24 at 9:21 am to
quote:

What are the OT baws buying this year?


Too many poors in OT
Posted by TackySweater
Member since Dec 2020
24650 posts
Posted on 10/21/24 at 9:22 am to
quote:

It still is. The G wagon is what they have just to loan out to friends when their F250 is in the shop

Talk about trying way too hard lol
Posted by N2cars
Member since Feb 2008
39639 posts
Posted on 10/21/24 at 9:28 am to
Sec 179 FTW.
Posted by Cosmo
glassman's guest house
Member since Oct 2003
131579 posts
Posted on 10/21/24 at 9:29 am to
Last Christmas I got myself a Sierra and my wife a Yukon but she ran and took the Sierra :/
Posted by N2cars
Member since Feb 2008
39639 posts
Posted on 10/21/24 at 9:30 am to
Posted by Rendevoustavern
Member since May 2018
1917 posts
Posted on 10/21/24 at 9:31 am to
Bonus depreciation was significantly phased out starting in 2023. 60% this year, not as attractive as it once was with current financing rates.
Posted by 777Tiger
Member since Mar 2011
92263 posts
Posted on 10/21/24 at 9:31 am to
quote:

I got myself a Sierra and my wife a Yukon but she ran and took the Sierra :/


but she loves it!
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
12704 posts
Posted on 10/21/24 at 9:31 am to
One of the few times SNL can be real funny and yet hit a nerve:

Posted by N2cars
Member since Feb 2008
39639 posts
Posted on 10/21/24 at 9:32 am to
Wait, what?

No 100% no mo'?
Posted by Rendevoustavern
Member since May 2018
1917 posts
Posted on 10/21/24 at 9:44 am to
Link Yes this has been know since 2017/2018 jobs act.
Posted by TDTOM
Member since Jan 2021
25893 posts
Posted on 10/21/24 at 9:48 am to
quote:

60% this year, not as attractive as it once was with current financing rates.


Do you get to right off the remaining 40% in year 2?
Posted by WeeWee
Member since Aug 2012
45560 posts
Posted on 10/21/24 at 9:52 am to
quote:

What are the OT baws buying this year?


I bought a 2025 Tundra last week. I had to wait to test drive it because they were still unloading it from the truck. I do not have to worry about interest rates because I just wrote a check for it. Damn it is good to be IRL rich and not just OT rich.
This post was edited on 10/21/24 at 10:05 am
Posted by GB1017LSU
Member since Nov 2015
1078 posts
Posted on 10/21/24 at 10:17 am to
quote:

Last Christmas I got myself a Sierra and my wife a Yukon but she ran and took the Sierra :/



Hilarious!

This post was edited on 10/21/24 at 10:18 am
Posted by sidewalkside
rent free in yo head
Member since Sep 2021
4608 posts
Posted on 10/21/24 at 1:14 pm to
Just clamping down on loop holes everywhere they can.
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