OT! Anybody looking for a Hummer?, No! Not from your wife or girlfriend! |
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OT! Anybody looking for a Hummer?, No! Not from your wife or girlfriend! |
Qarl |
Nov 27 2004, 08:12 PM
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Shriveled member Group: Benefactors Posts: 5,233 Joined: 8-February 03 From: Florida Member No.: 271 Region Association: None |
Hummer has an incredible deal on 2005 Hummer H2s right now until the end of the month.
$599 lease (+tax) for 36 months, 36,000 miles, through GMAC. $1275 due at signing. Applies to Hummer H2, with Luxury package. I ran the numbers and this is what it basically comes down to... Sticker is$56,900... Car comes down to about $2.5K less than invoice after rebates (about $49K) 60% residual value (which is really phenomenal) Money factor equivalent to 3.9% With the money you save, you can spend on GAS!!!! |
STL914 |
Nov 29 2004, 12:07 PM
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#2
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Senior Member Group: Members Posts: 1,180 Joined: 22-October 03 From: O'Fallon, MO Member No.: 1,271 Region Association: Upper MidWest |
This may or may not be of interest to you guys, found using Google:
Auto dealerships across the country are cashing in on a federal economic stimulus package signed into law by President Bush in late May, 2003. It contains what seems like a gift from Uncle Sam too good to be true. The $330 billion tax-cut plan allows small-business owners and the self-employed to write off the entire cost of vehicles that weigh 6,000 pounds or more. That means doctors, lawyers and other self-employed professionals can buy a $75,000 Hummer H2, for example, and write off the purchase price as a business expense. The Bush tax package raised the deduction for business equipment from $25,000 to $100,000. The tax cut was originally intended to help farmers and ranchers buy pickup trucks. But the evolution of SUVs, considered not cars but "light trucks," opened the way for other business owners to claim the deduction. |
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