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X5 v. Cayenne v. M-500 v. ????

Discussion in 'Other Off Topic Forum' started by Texas Forever, Dec 19, 2003.

  1. Texas Forever

    Texas Forever Three Time F1 World Champ
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    Awlrightly, here's thread to get you SUV haters blood boiling (not to mention Bush bashers).

    Next week, I'm gonna buy a new company car that qualifies for the $100,000 write off, which means that it has to be over 6,000 pounds GVWR. (Oh man, I can just see the Dean type Greenies starting to foam at the mouth. Ah, nuthin is finer than getting the goat of liver lipped winnies first thing in the morning. Life is good.)

    But which gas guzzling, Mother Earth hating, bloatmobile should I buy?

    Mercedes is dumping M-500s because they have a new model coming out next year. Plus, they need the money. But after taking such a huge depreciation hit on a 2001 E55, I'm not feeling too good about Mercedes right now.

    The regular Pepper truck will work. (I'l love to get a turbo, but $90K is a bit rich for my blood. I need to save the money for timing belt changes,ha!)

    The BMW X-5 is about $10k cheaper and BMW just redid this truck with better traction control.

    The VW Egg truck looks interesting, but I can't get the salesman to call me back. I hate begging people to take my money.

    Lexus makes big SUV, but they are getting just a little too blingy for me.

    So what do you think?

    Signed, Confused in Tejas!
     
  2. darth550

    darth550 Five Time F1 World Champ
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    You know, there IS the Lou Glutz Wagon Queen Family Truckster to consider! This is yooooour au-to-mo-bile :)

    ....or maybe a Range Rover.

    DL
     
  3. writerguy

    writerguy F1 Veteran

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    #3 writerguy, Dec 19, 2003
    Last edited by a moderator: Sep 7, 2017
  4. writerguy

    writerguy F1 Veteran

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    But seriously the Porsche is not heavy enough to qualify (1000lbs shy)
    H1 if you really want to be obnoxious
    Lincoln Navigator if not going off road
    G WaGGEN If you are
     
  5. F SPIDER

    F SPIDER F1 Rookie
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    When I looked into leasing, the Cayenne had much better residuals than BMW. So much so that the Cayenne Turbo was only marginally more expensive than the 4.6is. That made it an easy decision.

    Rijk
     
  6. Texas Forever

    Texas Forever Three Time F1 World Champ
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    Ah, do you have one of these Queenies in stock?

    I thought about the RR, but haven't heard very many good comments about reliability. Wanta hear a bad Brit joke? "How come the British don't build computers?" "Because they can't figure out how to make them leak oil...."
     
  7. Texas Forever

    Texas Forever Three Time F1 World Champ
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    Actually Jim, I saw this pic earlier today and I gotta say, it sure looks interesting. Do they make this in pink? "Good ahead... make my day."
     
  8. writerguy

    writerguy F1 Veteran

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    Look at the weight on your choices

    The Porsche is not there

    The Lexus LX 470 is

    THe BMW X5 Is not (i think)

    to get the weight you have to go ALL THE WAY so the Land Cruiser qualifies but the 4 runner and Highlander do not,
    Really liked the Land Cruiser when I had it. but too many soccer moms looking lustfully after me...

    I think the big GM FORD and the new Nissan Armada are in
     
  9. Texas Forever

    Texas Forever Three Time F1 World Champ
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    Are you sure about that? Here's the Tax Code section:

    Sec. 280F(d)(5) Passenger automobile
    (A) In general
    Except as provided in subparagraph (B), the term "passenger automobile" means any 4-wheeled vehicle--
    (i) which is manufactured primarily for use on public streets, roads, and highways, and
    (ii) which is rated at 6,000 pounds unloaded gross vehicle weight or less.
    In the case of a truck or van, clause (ii) shall be applied by substituting "gross vehicle weight" for "unloaded gross vehicle weight".

    Basically, the way you play the game is to find a car/truck that flunks this test. Because this means that the vehicle will not be subject to the depreciation limitation rules.

    And the only way to confirm this is to look at the plate insider the driver door. Last time I looked both the X5 and the (ah-choo) Pepper car were over 6,000 lbs GVWR.

    I had to scratch that big Nav Boy cause everybody knows that pimping ain't easy.
     
  10. Texas Forever

    Texas Forever Three Time F1 World Champ
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    Actually, that makes sense seeing how the sticker on the Porsche is so much higher. Did you lease through Porsche?

    Of course, with a lease, you don't get the depreciation write off, but if you got a decent mileage number and a good residual, your total cost of ownership might be better. Hmm... might have to think about dat. I bet that I could blow away Luigi's Lambo with a Pepper Turbo. Yeah, Baby!
     
  11. Juice It

    Juice It F1 Rookie

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    I have a Gwagen and love it although its not everyones cup of tea. The Rover would be my second choice and my buddy got the Lexus GX 470 a few weeks back to take advantage of the tax law as well. For 50k it is a pretty nice ride. Dvd navigation and all the wood you would want.
     
  12. writerguy

    writerguy F1 Veteran

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    Armada 4x4 7,000lbs GVR

    BMW X5 4.4 4927 lb curb

    M=B Ml 500 Curb weight 4,874 lb/2,210 kg

    be careful what you choose
     
  13. Texas Forever

    Texas Forever Three Time F1 World Champ
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    BTW, here are some other options from the IRS Reguations...

    (ii) List of vehicles.
    Vehicles which are qualified nonpersonal use vehicles include the following--
    (A) Clearly marked police and fire vehicles (as defined and to the extent provided in paragraph (k)(3) of this section),
    (B) Ambulances used as such or hearses used as such,
    (C) Any vehicle designed to carry cargo with a loaded gross vehicle weight over 14,000 pounds,
    (D) Bucket trucks ("cherry pickers"),
    (E) Cement mixers,
    (F) Combines,
    (G) Cranes and derricks,
    (H) Delivery trucks with seating only for the driver, or only for the driver plus a folding jump seat,
    (I) Dump trucks (including garbage trucks),
    (J) Flatbed trucks,
    (K) Forklifts,
    (L) Passenger buses used as such with a capacity of at least 20 passengers,
    (M) Qualified moving vans (as defined in paragraph (k)(4) of this section),
    (N) Qualified specialized utility repair trucks (as defined in paragraph (k)(5) of this section),
    (O) Refrigerated trucks,
    (P) School buses (as defined in section 4221(d)(7)(C)),
    (Q) Tractors and other special purpose farm vehicles,
    (R) Unmarked vehicles used by law enforcement officers (as defined in paragraph (k)(6) of this section) if the use is officially authorized, and
    (S) Such other vehicles as the Commissioner may designate.

    So, what about a Ferrari cement mixer? Paint that puppy red and when Alan Lambo flips you off from behind, just pull on the pour lever and DUMP!
     
  14. BrentC

    BrentC Formula Junior

    Aug 13, 2003
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    Don't confuse "curb weight" with GVWR - they are not the same thing. I looked at the plate on my M-B sedan and it lists 2 different numbers for these two categories.
     
  15. writerguy

    writerguy F1 Veteran

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    you are right on the dif but some of the info I can touch usually has both I just accessed a couple that did not show GVR
    I have all the data here just let me know what you need
     
  16. writerguy

    writerguy F1 Veteran

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    Had to dig for it but BMW X5 is 6005 Gvwr

    M L 500 curv 4874 GV is 6283
     
  17. Texas Forever

    Texas Forever Three Time F1 World Champ
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    Jim, go back and read the Code Section carefully --

    A car needs to have an unloaded Gross Vehicle Weight Rating (unloaded-GVWR) that is over 6,001 pounds to qualify.

    A truck has to have a Gross Vehicle Weight Rating (GVWR) that is over 6,001 pounds.

    It is the Weight Rating that counts, not the crub weight of the vehicle itself.

    The car versus truck label comes from the manufactuer and the DOT.

    So if the DOT says that your bloatmobile is a truck, and if the truck has a GVWR that it over 6,001 pounds, you're in.

    The only way that I know to confirm this (because the manufacturers publish only the GVW and towing capacity numbers) is to actually look at the DOT plate on the driver's side door.

    You are either pregnant or not.

    Now, where can I find one of those trucks you mentioned earlier?






    the term "passenger automobile" means any 4-wheeled vehicle--
    (i) which is manufactured primarily for use on public streets, roads, and highways, and
    (ii) which is rated at 6,000 pounds unloaded gross vehicle weight or less.
    In the case of a truck or van, clause (ii) shall be applied by substituting "gross vehicle weight" for "unloaded gross vehicle weight".
     
  18. writerguy

    writerguy F1 Veteran

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    been checking for GVR ratings the Land Rover Disco comes in at 6064 so it and the Rover at 6724 are ok

    The ACura MDX not even close

    ALWAYS had a big soft spot in my heart (and head) for the Disco
     
  19. Texas Forever

    Texas Forever Three Time F1 World Champ
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    Huh, are you having flashbacks! Disco Duck?
     
  20. zjpj

    zjpj F1 Veteran

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    I like the Cayenne a lot, but I guess it doesn't fit your weight requirements. I'd go for the G-Wagon then.
     
  21. racedecknc

    racedecknc Karting

    Nov 24, 2003
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    Sequoia or Land Cruiser?

    Ed
     
  22. Chiaro_Slag

    Chiaro_Slag F1 Veteran

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    Does it include the optional rally fun pack?
     
  23. Chiaro_Slag

    Chiaro_Slag F1 Veteran

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    What are the depreciation limitation rules?
     
  24. Texas Forever

    Texas Forever Three Time F1 World Champ
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    Ask and you shall receive....

    Sec 280F(a) Limitation on amount of depreciation for luxury automobiles
    (1) Depreciation
    (A) Limitation
    The amount of the depreciation deduction for any taxable year for any passenger automobile shall not exceed--
    (i) $2,560 for the 1st taxable year in the recovery period,
    (ii) $4,100 for the 2nd taxable year in the recovery period,
    (iii) $2,450 for the 3rd taxable year in the recovery period, and
    (iv) $1,475 for each succeeding taxable year in the recovery period.

    Sec. 280F(d)(5) Passenger automobile
    (A) In general
    Except as provided in subparagraph (B), the term "passenger automobile" means any 4-wheeled vehicle--
    (i) which is manufactured primarily for use on public streets, roads, and highways, and
    (ii) which is rated at 6,000 pounds unloaded gross vehicle weight or less.
    In the case of a truck or van, clause (ii) shall be applied by substituting "gross vehicle weight" for "unloaded gross vehicle weight".
    (B) Exception for certain vehicles
    The term "passenger automobile" shall not include--
    (i) any ambulance, hearse, or combination ambulance-hearse used by the taxpayer directly in a trade or business,
    (ii) any vehicle used by the taxpayer directly in the trade or business of transporting persons or property for compensation or hire, and
    (iii) under regulations, any truck or van.
     
  25. Mojo

    Mojo Formula 3

    Sep 24, 2002
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    03 Range Rovers are so cool
    But lexus lx470 is very reliable.
    Both nice rides
     

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