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tpunx99GSX
12-22-2014, 09:34 AM
Halon, if you are looking for a V8 but dont want to pay R/T prices. theres a RWD Crew with the Hemi V8 (didnt know they came like that)
http://www.cars.com/vehicledetail/detail/618234863/overview/
scheides
12-22-2014, 09:52 AM
Consider buying this month...gets inventory off dealer lots for tax purposes, dealerships and salesmen making a last minute push to meet goals, etc.
This is the second time this week I've heard that, I know its probably true but what is the math behind that tax incentive? If anything it would drive their income up, no? Can anyone explain that to me?
That being said it IS true--helped a buddy buy a used subaru this weekend and talked a small local dealer down $1k (on a $5k car) w/o much hassle.
It doesn't help with taxes, it just makes their financials look better. Lower inventory and more income = win, win.
SLOW_V
12-22-2014, 11:53 AM
There are two things here, business owners buy last min car for tax write off for 2014 and dealers meeting their quotes for bonus and budget incentives.
Halon
12-22-2014, 08:48 PM
Halon, if you are looking for a V8 but dont want to pay R/T prices. theres a RWD Crew with the Hemi V8 (didnt know they came like that)
http://www.cars.com/vehicledetail/detail/618234863/overview/
I'm actually more interested in the Pentastar V6 2014s.
turbotalon1g
12-30-2014, 01:27 PM
Yahoo article on year end savings on new cars:
https://autos.yahoo.com/news/best-end-deals-cars-130000509.html
scheides
12-30-2014, 01:32 PM
It doesn't help with taxes, it just makes their financials look better. Lower inventory and more income = win, win.
There are two things here, business owners buy last min car for tax write off for 2014 and dealers meeting their quotes for bonus and budget incentives.
Yahoo article on year end savings on new cars:
https://autos.yahoo.com/news/best-end-deals-cars-130000509.html
None of those address the things I mentioned actually. Yes I understand they want to sell as much as possible end of year, quotas, etc....and I understand a biz owner wanting to add some depreciation. I have directly heard and seen typed on this forum dealers wanting to lower their inventory 'for tax purposes'
If I'm missing something let me know :D
Kracka
12-30-2014, 02:27 PM
It doesn't help with taxes, it just makes their financials look better. Lower inventory and more income = win, win.
Businesses are taxed on inventory.
Inventory = assets
Trogdor
12-30-2014, 02:29 PM
Not only that, but we pay interest on our inventory. We don't own any of our new cars.
turbotalon1g
12-30-2014, 05:17 PM
None of those address the things I mentioned actually. Yes I understand they want to sell as much as possible end of year, quotas, etc....and I understand a biz owner wanting to add some depreciation. I have directly heard and seen typed on this forum dealers wanting to lower their inventory 'for tax purposes'
If I'm missing something let me know :D
Didn't read your post.
Just trying to be helpful.
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