[SickToo]

Satellite RR GTX same difference to me ha

Except maybe 1970

 

[LaFlama1968]

Yea if used for business and you use the “actual cost method” you write off all other actual expenses. Fuel, insurance, tags, repairs, etc. but in 2018 employee business expenses went away. So only for business owners.

I own the law firm, so it’s 100% business. Shame it’s the last year we can do it.

 

[Boris632]

I buy a 7100 Lbs Escalade and deduct 100% with bonus depreciation. It sunsets Dec 31, let’s go Brandon!

Goes to 80% I thought

 

[LaFlama1968]

Goes to 80% I thought

100% with bonus depreciation if it’s over 6000lbs. This is the last year. Has to be in service by Dec 31st.

 

[Srtb]

Im sorry but i call bullshit on some of this. Nobody who has had a hellcat, or was in the market for a hellcat, then said **** it and ordered a V6. Anyone who was or has ever been seriously in the market for a hellcat is not buying a v6 mopar. stop it

Dodge is not the only brand and if you ordered a hellcat and then the price goes up or the intrest goes up, there are a ton of other cars which are similar enough that you can go get one

 

[PurrKitty]

Im sorry but i call bullshit on some of this. Nobody who has had a hellcat, or was in the market for a hellcat, then said **** it and ordered a V6. Anyone who was or has ever been seriously in the market for a hellcat is not buying a v6 mopar. stop it

Dodge is not the only brand and if you ordered a hellcat and then the price goes up or the intrest goes up, there are a ton of other cars which are similar enough that you can go get one

ZL1 1LE loaded with everything I want is 30K less. My dealer couldn’t get one. He wants me to place an order anyway so maybe they get an allocation. He doesn’t want any money down and if the Cat gets cancelled I have backup. He said if I don’t buy it that’s fine they would put it on the floor. No reason not to order it I guess.
Not sure how the Chevy allocations work but he has an SS on the way that when sold they get another allocation?
Can’t hurt I guess but my original backup plan was to look for a used 19 REWB in sublime if this one is cancelled for some reason or the dealer plays any crazy games.
Would NEVER get a wee six.

 

[troyus]

Im sorry but i call bullshit on some of this. Nobody who has had a hellcat, or was in the market for a hellcat, then said **** it and ordered a V6. Anyone who was or has ever been seriously in the market for a hellcat is not buying a v6 mopar. stop it

Dodge is not the only brand and if you ordered a hellcat and then the price goes up or the intrest goes up, there are a ton of other cars which are similar enough that you can go get one

You sound like a rational person... who doesn't have a credit score of 500...

 

[shapiroeric]

Im sorry but i call bullshit on some of this. Nobody who has had a hellcat, or was in the market for a hellcat, then said **** it and ordered a V6. Anyone who was or has ever been seriously in the market for a hellcat is not buying a v6 mopar. stop it

Dodge is not the only brand and if you ordered a hellcat and then the price goes up or the intrest goes up, there are a ton of other cars which are similar enough that you can go get one

I completely agree....

 

[Reaperhwk]

When I went to pick up my 2022 JB I walked into the dealer. If I didn't get the rate I wanted I was DEFINATELY getting an SXT!

 

[furious70]

Before I found hellcat Jesus I actually did consider buying an AWD GT and putting a riptune supercharger on it....
AWD was appealing to me. Not the same power level but I am pretty much mopar or nocar.

 

[Superbee]

Didn’t they make GTX thru 1974?

Yes, but it was just an option package on the base roadrunner- the final GTX model was 1971

 

[DesertCat]

100% with bonus depreciation if it’s over 6000lbs. This is the last year. Has to be in service by Dec 31st.

Correct. Then 80 percent in 2023. You must have at least two cars in your family to claim 100 percent business use. And make sure it never goes at or below 50 percent business use or you will be recapturing depreciation at the ordinary income tax rates. I also recommend keeping it for its entire useful life. Off the top of my head, it is a 5 yr. asset. There are no 1031 exchanges on personal assets anymore. So, if you trade her in before her useful life is up you will pick up the sales price as the trade in value given. Plus, you will recapture depreciation at the ordinary income tax level for the bonus depreciation which exceeds the straight-line depreciation. Then the rest is capital gains.

Sorry the CPA is coming out in me. LOL. I have my own tax practice.

 

[LaFlama1968]

Correct. Then 80 percent in 2023. You must have at least two cars in your family to claim 100 percent business use. And make sure it never goes at or below 50 percent business use or you will be recapturing depreciation at the ordinary income tax rates. I also recommend keeping it for its entire useful life. Off the top of my head, it is a 5 yr. asset. There are no 1031 exchanges on personal assets anymore. So, if you trade her in before her useful life is up you will pick up the sales price as the trade in value given. Plus, you will recapture depreciation at the ordinary income tax level for the bonus depreciation which exceeds the straight-line depreciation. Then the rest is capital gains.

Sorry the CPA is coming out in me. LOL. I have my own tax practice.

Yes sir! I’m all good to go Amigo!

 

[OverTheTarget]

People are walking away from jeeps as well, here’s three.

 

[Donkeybee]

Didn’t they make GTX thru 1974?

1971 was the last year of a stand alone GTX model, became an option for Road Runner to get a 440 engine from 1972 to 1974

 

[GOING TO HELL 19]

1971 was the last year of a stand alone GTX model, became an option for Road Runner to get a 440 engine from 1972 to 1974

Did those come with a 400, too or just in the Road Runner for those years?

 

[furious70]

Holy cow, a $70k wrangler that doesn't have the 392 in it?

 

[Jimmy N.]

That "health care" thing might look good for some people, but the insu for my wife and I went from $450/mo to $1100/mo and the deductible went from $5600 to $11,200. And we were not allowed to say no.

It could be worse.

In Sweden we had free health care. That my parents paid 80% in tax to get it is surely irrelevant.
Anyway, in my case the bummer was that when my knees went out at 18 (couldn't walk more than about 10 feet), I got a doctors appointment for three years later.

Thankfully my mom had contacts and could get me to a private doctor in a mere three months. Yeah, "free" healthcare is great. NOT!

 

[Donkeybee]

Did those come with a 400, too or just in the Road Runner for those years?

Only Road Runner 1972 up to 1974

 

[FreddyG]

Are people really financing 100% of any luxury vehicle?
In this instance only a fool would not put down enough to cover taxes, ADM and the immediate depreciation. I won’t finance more than I could dump the car in a day or two if something terrible happened.
I would assume that anyone with the wherewithal to buy a 100k car would have the wherewithal to pay for it.
I know there will be exceptions but probably not enough exceptions to move the market values. I can however see many of these cars not being taken when the time comes 9-12 months from now because life just can change in that amount of time.
If interest rates go nuts and starts killing deals I could see Chrysler financial offering “deals” to help the dealers out. If too many cars are not taken a LOT of people will walk away from their down payment to save the ADM and the dealers will take a bath.

I don't understand how someone would pay the ADM in the first place! I also think that it's Stupid to help the dealers out with financing deals for selling cars that could've been sold at sticker but weren't sold because of being Greedy (ridiculous ADM's)!

Whether of not the Manufacturer's realize it or not, those dealerships reflect back on them by being a representative and by not stopping them from adding ADM, shows that they can't control their reps. By giving financing deals will help sell cars, but by offering them is like rewarding a child for bad behavior and telling them that it's alright, we'll bail you out!

What they should do is find the greedy dealership's and cut their allocations. When they've proven that they can be good representative's of the brand (no ADM's), then they can get back on the allocation list.

Just a thought!

I'm thinking POUND sand would be more recognizable.

You're right! I got my adages mixed up! Thanks for the correction!

Also, Sorry SickToo but Thanks for the "Pack Sand" Definition and in a way your definition still fits what the dealer adding the ADM can do with their car!