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Reply to "Am I missing what's so special about an expensive luxury car? Driving one now..."
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[quote=Anonymous]All of the tax codes are set up for the rich to exploit, which is what fuels luxury dealers, notably large SUVs via the Section 179 Deduction. And in the grand scheme of things, a nice car just isn't a lot of money. It's not like you're blowing literally $100,000 on a new $100,000 car. You, your LLC, or your employer are only paying for the depreciation and maybe a little vigorish. And a new car has new tires and a warranty, so you're paying a premium for the peace of mind and never worrying about maintenance and upkeep. It's carefree compared to being middle class and being paranoid that any service issue on your used car is min. $500 to upwards of $10,000.[/quote]
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