I talked to my accountant about my Section 179 X and though some of your might be interested in his response. I was considering selling the car in the next year to get something with a third row (*cough e70 cough*), but I think he talked me out of it, and I'll make due until December 2008 when my current ride will be 5 years old.

Here is his reply:

"Generally, if the vehicle were retired within 5 years of the time it was placed in service, we would have to recapture the excess 179 deduction over the amount we would have taken had we depreciated the vehicle over the same time. After 3 years of service, the recapture would be about 30% of the original cost. A sale also results in any gain being treated as ordinary income."

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-'13 E93 M3 Cab, Interlagos Blue, Carbon Black leather, DCT, all options, and fun, endless fun!
-'13 X5 35i M-Sport, Carbon Black & Cinnamon, Dinan Stage 2!
-'15 Toyota Sienna Limited Premium AWD, Silver & Grey, Nav & BluRay, and less lame than the 2011 it replaced
-'07 Mini Cab S, Laser Blue, 6sp, endless fun that ended (sold)
-'04 X5 4.4i, loaded, loved, modded and sold