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#41
08-17-2005, 11:58 AM
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-- A small business could now write off up to $100K of the cost of a vehicle IF: - The vehicle is used 100% of the time for businesses (and not less than 60%, I believe). This, by the way, was not verified by anyone. - The vehicle has a Gross Weight Rating (GWR) of 6,000 lbs. Now, GWR means what the vehicle weighs WHEN FULLY LOADED. (The X5's GWR, by the way, is 6005 lbs. Coincidence? You decide  )- You must keep the vehicle for no less than three years. - Many more provisions... you get the gist. Depending on whom you ask, this was either a way to help small businesses (to purchase delivery vans or tractors, for example), OR a huge loophole for rich people given to them by the Republican-dominated government. The truth, as with most things in politics, is probably somewhere in the middle. Section 179 allowed folks to purchase large SUVs, take that expense off their income, and therefore pay less in taxes. Thousands of self-employed people (including me) rushed to buy SUVs, and why not? After dealer rebates, negotiation and Section 179 tax savings, I paid for my X5 what I would have paid for a Honda Accord! Alas, this did not last long. The backlash and criticism was so intensive that Congress repealed the changes it had made to Section 179, and as of 1/01/05 this is no longer avialable. (Well, it is. It's just back to the original $25K instead of $100K, and I think they increased the minimum GWR that can be used to qualify.) That's about it... I don't think I screwed up too much in my explanation. Juan
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Whenever I text "Barack," my phone suggests the word "Capable." I guess my my phone IS pretty smart. 
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#43
08-17-2005, 03:38 PM
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Juan,
I have this discussing in my head often! Man, there are so many rides that I find interesting that I will have to drive before I make a move with my Sect. 179 X5.  I am thinking seriously of getting a Mini Cooper S Convertible sometime soon, in which case, my next ride will be something more along the lines of an Acura TL or E90 (4 cars is a lot!). If I skip the 4 seat convertible (yes, the back is small, but for little kids it is perfect!), I will look seriously at an AWD sedan, starting with whatever BMW offers at that point, finishing with the Infiniti M45, and I'll drive everything in between. Then I'll move onto the Audi Q and all similar rides. The MDX replacement should be around at that point. Sigh. I could go on here forever!!
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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
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#44
08-17-2005, 04:32 PM
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Well, just went on the E90 test drive. 45 minutes on some of Britains windiest roads, and most travelled by annoying a$$ famers who do 12 mph in their carrot trucks - but thats another story..
Anyway, all I can say is, HOLY SH*&@!! Somebody over there at BMW knows what they're doing..Of course, there are a couple things that already bug me, like, WHY THE HELL WOULD THEY PUT CUP HOLDERS THERE??!?! WHAT WERE THEY THINKING?!?! otherwise, what a nice auto..and i dont care what the skeptics say, but i made my wife drive while i sat behind her (in the back seat your dirty ba$tards)...I had LOADS of space, and she's 5'6". The ride was quieter than my E46, which I thought near impossible. A solid, very satisfying car all round.. And then I went on E90post.com to ask those fanatics some questions, and not one person has anything good to say about run flats..UH OH... Anyway, this WILL be my second car...
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Been there...Done that
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#45
08-17-2005, 09:05 PM
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Oh Juan, it's a tough question. I'm getting ready to sell my Boxster so you can cry for me. I have thoroughly enjoyed that car and am only selling it to fund a pool for the new house. Sad, sad. I console myself by thinking that I can always buy another one down the road or that I will be getting something cool eventually.
The short term plan is for the X5 to stay but go to my fianceé/wife (sharing sucks) but then I can get something for me. I'm number 1 on the list for the E90 M3 but it's looking more and more like I'll go with something else. Lately it has been an E39 M5. It is the ultimate car if you only could own one car. Talking to Josh and Adam just convinces me more and more. If not the E39 M5 then I would consider an E46 M3, Audi S4 (either the B6 or the B7), or an E90 3er turbo. I'm not too keen on the looks of the E90 and the grille on the B7 S4 is ugly too so looks are a big factor. I'm leaning towards a 2003 E39 M5. It's a modern classic.
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#46
08-17-2005, 09:11 PM
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Quote:
Juan
__________________
Whenever I text "Barack," my phone suggests the word "Capable." I guess my my phone IS pretty smart.
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#47
08-17-2005, 09:23 PM
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__________________
Curious Joel 2002 BMW X5 4.4i retired 2003 BMW 330xi retired 2007 BMW 335i Coupe Montego Blue-Saddle Leather-Light Poplar Wood-Sport Package-Premium Package-Navigation w/iDrive-Comfort Access-Park Distance Control-Automatic w/Paddle Shifters-USB iPod link-Autobahnd clear bra
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