Why Buy ?

v12 · 07-29-2013, 09:23 PM

Anyone here have their company pick up the lease? Why not spend pre-tax $?

dhirm5 · 07-29-2013, 10:14 PM

Quote:

Originally Posted by v12

Anyone here have their company pick up the lease? Why not spend pre-tax $?

Thought about this several times. Haven't done it yet as I'm not sure it's defensible at least in my case. Last thing I need is IRS hassles.

Spinny02 · 08-17-2013, 07:53 AM

Took the plunge and am committed to buying the car. Had what I think to be a great price so it should help to offset some of the depreciation.

frisky · 08-17-2013, 06:31 PM

Im thinking of doing that for when I order my 14 M5 or M6 GC (sitting on fence on either, but leaning towards M5). Will lease it under my start-up's name.

Curious as to why you'd think you'd get IRS hassles. If its your company, assuming you're the sole proprietor, why not lease on the company?

f.

stealth.pilot · 08-17-2013, 07:34 PM

3 year old M5s are not a good proxy because of the design change. The next M5 design won't be out for another 4-5 years so your good.

I would buy.

07-29-2013, 09:23 PM	#23
v12 Banned 115 Rep 653 Posts Drives: F10 Join Date: Feb 2009 Location: Manhattan iTrader: (0)	Anyone here have their company pick up the lease? Why not spend pre-tax $?
	Appreciate 0 Quote

08-17-2013, 07:53 AM	#25
Spinny02 Lieutenant Colonel 125 Rep 1,840 Posts Drives: '14 M5 CP Dinan Stage 2 Join Date: Jun 2013 Location: Houston, Tx iTrader: (2) Garage List 2018 Escalade ESV P ... [0.00] 2014 M5 Dinan S1 [0.00]	Took the plunge and am committed to buying the car. Had what I think to be a great price so it should help to offset some of the depreciation.
	Appreciate 0 Quote

08-17-2013, 06:31 PM	#26
frisky First Lieutenant 109 Rep 378 Posts Drives: 2016 ///M5 Individual Join Date: Sep 2012 Location: Manhattan, New York City iTrader: (0)	Im thinking of doing that for when I order my 14 M5 or M6 GC (sitting on fence on either, but leaning towards M5). Will lease it under my start-up's name. Curious as to why you'd think you'd get IRS hassles. If its your company, assuming you're the sole proprietor, why not lease on the company? f.
	Appreciate 0 Quote

08-17-2013, 07:34 PM	#27
stealth.pilot Knight Commander 563 Rep 5,948 Posts Drives: 2014 911 Turbo S Join Date: Aug 2010 Location: Buckhead iTrader: (0) Garage List 2014 Porsche 911 Tu ... [10.00] 2015 Mercedes-Benz ... [0.00] 2015 Jaguar F Type R [0.00] 2014 BMW M5 [0.00]	3 year old M5s are not a good proxy because of the design change. The next M5 design won't be out for another 4-5 years so your good. I would buy. __________________ 2022 Mercedes-Benz EQS 580 2020 Mercedes-Benz GLE 450 Ordered: EQS580, BMW IX, Lucid Air Touring, Corvette Stingray
	Appreciate 0 Quote

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search