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Save substantial tax dollars by titling your new luxury auto in your personal name.
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From a purely financial standpoint, engine and trim level upgrades are a good bet. Safety and utility options are not.
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Remember the so-called $100,000 luxury SUV tax loophole? It’s been closed. Sport utility vehicles placed in service after Oct. 22, 2004 with a GVWR over 6,000 lbs. are now limited to a business-use first year deduction of $25,000.
Read More →Not always. We studied different makes and models that disprove the prevailing wisdom.
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