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Want to order an XC40 and an XC90 for my wife and I

Old Aug 5, 2018 | 05:36 PM
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macmovieman's Avatar
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Default Want to order an XC40 and an XC90 for my wife and I

We thought it would be cool to order one of each in the same color and thought they would look great parked next to one another in the garage. I am going to order one for my business under section 179 deduction Section 179 Deduction for Trucks / Vehicles | Section179.Org to reduce my taxes by $25000 and my wife wants to turn in the lease on her i3 and get into the XC40. Was hoping to learn a little more here about others who bought the 2019.
 
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Old Aug 6, 2018 | 07:24 AM
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I am not sure I understand the reference to your tax situation. Over the years I've taken advantage of the same Sec 179 but did so with a luxury car. Today those luxury car limits are essentially lifted so you can put a Rolls Royce through the system and come out just fine.

Again, not sure that the reference to your taxes has any weight here.
 
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Old Aug 6, 2018 | 08:20 AM
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Section 179 is gone at the end of the year. You can take a one time benefit for 2018 up to $25k. Link
 

Last edited by macmovieman; Aug 6, 2018 at 08:33 AM.
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