View Poll Results: Are you buying or leasing a 2007 Infiniti G35?
Buying
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37
62.71%
Leasing
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22
37.29%
Voters: 59. You may not vote on this poll
Are You Buying Or Leasing A 2007 Infiniti G35?
#1
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Trending Topics
#8
#10
Originally Posted by canuck
I will be leasing mine due to the tax write-offs of my business. This is the first car that I have ever leased but it made financial sense simply because I can write-off my lease payments. ![Smilie](https://g35driver.com/forums/images/smilies/smile.gif)
![Smilie](https://g35driver.com/forums/images/smilies/smile.gif)
Commercials vehicles w/GVW over 6,500Lbs [if I'm not mistaken], you can write off the full depreciation over 4 year period - but I do believe that loophole has been closed.
#11
Originally Posted by canuck
I will be leasing mine due to the tax write-offs of my business. This is the first car that I have ever leased but it made financial sense simply because I can write-off my lease payments. ![Smilie](https://g35driver.com/forums/images/smilies/smile.gif)
![Smilie](https://g35driver.com/forums/images/smilies/smile.gif)
#12
Originally Posted by RLampke
Must be nice - in the US at least for what I do, I would only have the option to write off the depreciation - or in a leasing agreement my tax bracket only. This is why I purchased another car and expense that out directly under the company. I thought Canada has very high tax rates on leases as well…?
Commercials vehicles w/GVW over 6,500Lbs [if I'm not mistaken], you can write off the full depreciation over 4 year period - but I do believe that loophole has been closed.
Commercials vehicles w/GVW over 6,500Lbs [if I'm not mistaken], you can write off the full depreciation over 4 year period - but I do believe that loophole has been closed.
Now if I could only use the interest I pay on my mortgage like you guys can in the US I would be a happy camper.
![Smilie](https://g35driver.com/forums/images/smilies/smile.gif)
#13
Originally Posted by S L I C K
Two questions ... 1. What kind of business do you own? 2. What does it mean when you say, "I can write-off my lease payments?"
![Smilie](https://g35driver.com/forums/images/smilies/smile.gif)
Last edited by Garnet Canuck; 10-16-2006 at 03:30 PM.
#14
Originally Posted by canuck
I am a Network Engineer fulltime and have a home-based business on the side. With a home-based business there are a ton of tax advantages....one of them being able to able to write-off my lease payments.....meaning an expense to my business. ![Smilie](https://g35driver.com/forums/images/smilies/smile.gif)
![Smilie](https://g35driver.com/forums/images/smilies/smile.gif)
In effect, could your home business be done entirely from home (remote work) and you can still write off the lease ?? -- that's sweet !!
Canadian law seems cool
![Smilie](https://g35driver.com/forums/images/smilies/smile.gif)
#15
Originally Posted by GoofyG28
Are you planning on stealing one, Wally?
There should be a forth one that says, "Sorry, this forum convinced me to get a BMW 335 instead."
![Smilie](https://g35driver.com/forums/images/smilies/smile.gif)
![Smilie](https://g35driver.com/forums/images/smilies/smile.gif)