Somebody stop me!

[BaM*BaM]

I've never seen a vehicle that people LOVE to HATE like the H2. Everyone I know spits at them whenever they see a chance. This country is very, very divided in political thought right now, thanks to you know who,.... and the H2 has become a symbol for a class of Americans who only care about themselves, and want to only add to our problems, and help solve nothing.

Of course it isn't fair for this one vehicle to be come so misunderstood,.... but life isn't very fair anyway. ( and I think they should use all Cadillacs instead, as this symbol... lol)

[Mr. I-MAN]

Thanks BAM BAM I think I have found my truck!

[Green Dragon]

Originally posted by Mr. I-MAN
Thanks for the info Bob, so what do ya think Yay or Nay

Depends on your business income & Tax Bracket. If you earn a $100K + and are in the 33% + tax bracket. You are paying 100 %for the vehicle say $55000 + with tax deductible interest.You now owe the $55,000 + for the vehicle but can deduct say $30K ( Depreciation for 100%) business use) from your business taxable income possibly putting you in a lower tax bracket as well as reducing the amount ( 13.3 %) you have to pay for social security.

Give it a lot of thought, factor in the 5 or whatever years of payments etc

If I were to purchase a new vehicle I would look at the GMC Denali AWD Fully equipped with Navigation- Sun roof -second row buckets- rear DVD MSRP 56K + but going for about 46K.

Never a Hummer unless it was a H1.

http://www.edmunds.com/new/2004/gmc/...header..2.GMC*

Gross wt 7200 lbs & the 2004 models are going for 10K off of MSRP

[BaM*BaM]

Sure Mr. I-MAN, anytime.... As they say, "If the shoe fits....."
I'm glad to be of help.

[Jolly Roger VX'er]

Last I heard the Gov. of K-a-l-i---for---nia
A-u-nold says if you drive anything else..."U R A little girly-mon!"

LOL. Personally I never had a prob with them. If I was rich I would probably own many SUV's at one time for different circumstances....

VX (for on-offroad "rally-fun" & rarity)
Infinity FX45 (for on-road "urban" festivities)
H2 (for the "I've made it...have you?" projected personna)
Ford Excursion (for the "Is Gass s'pensive??" projected personna)

[azskyrider]

I-man.... There is only one (if your single ) person that an H2 is important too. It seems that you have already made your mind. If you like it, desire it, and you can financially afford it, Then get it!

If we all had the same tastes then there would never be any diversity in this world.

[johnnyapollo]

I've heard that this particular tax loophole was created for farmers - and that it's currently under review to be changed - you might want to find some more info on it.

-- John

[Mr. I-MAN]

Just passed
thru the house again earlier in the week

[Reg Hinnant]

95% of them things here are bought with that loop hole.
One more thing, think about trying to sell that thing in 5 years.
If you need to do the deed for business, get the Denali.
Opinions are like rearends, everyone has one.
Good luck!

[hitnrun74]

I think somewhere around 70 percent of them here in Ohio have been repo'ed. I saw 7 of them at the auction last week. I guess the persona they project varies with where you see them. Here they only carry any personality in the ghetto. You never see them out in the burbs, but get down to the low rent district and there's like 2 of them on every street. I don't have an opinion about them really, just not my style. But look around where you live and see what stereotype you're going to end up with if you go that route. If the lawyers and such are driving them to the country club, you're probably in good shape. If every H2 you see has wheels that aren't designed for the tire inflation system, just so they can have spinners on them, it might be bad move. No offense intended, just an observation as I spend a lot of my workday in questionable areas where I get robbed at gunpoint. Never take my VX there though...

[Joe_Black]

Originally posted by Mr. I-MAN
Actually it has the same kind all wheel drive tranfer case and transmission set up we have. Except one extra thing 4 lo w/locking diff. I dont see to many Silverados with that.

That's where the "gussied up" part comes in. Still just a Chevy. ;pg;

You may want to have couple sit downs; one with a good, honest accountant and another with the IRS. I understand the GVWR angle as I used to have an '01 F250 Crew Cab 4X4, which was tagged and taxed differently than your average truck or SUV. Boy do I miss that V10! Anyway, when I was independant my business vehicle was my '88 Trooper. All I can tell you is that I made out like the proverbial bandit with that thing as far as deductions and taxes are concerned. Considering it was paid for and all I had to do was put gas in it and maintenance just made it all the better. If you bend over for a new car, no matter what the deductions, you still have to front the $$$. Deductions and tax savings save you from the back end, not the front.

As mentioned before, the H2 is a flash in the pan for most so bargains can be had at the auction and bank repo lots. The only people I see keeping them consistently are the brood-moms hauling hellions about. At least you know your VX will find a good home in a hurry with this bunch!

[Maugan_VX]

http://grab.orsm.net/cgi-bin/schlabo...ttwisted---wmv

You have to copy the address into your browser address bar to work.

be warned, porn banners... (as I found out at work unfortunately)

My problem with the H2 is that its just to big and heavy to do any serious offroading, and you always see the smallest women driving them.

When I get married, I already told the woman that she's driving a volvo station wagon for kids. She wants a 69 mustang. I said "we'll see."

[Mr. I-MAN]

Thanks for the insight Joe, it is the back end where I want save$$
because I pay quarterly taxes and this would lower them for next year considerably.

[Jolly Roger VX'er]

If you do get one...plan on getting the rear tire carrier! I looked at an H2 up close and personal at the Pittsburgh Auto Show this past January and my only complaint was the huge amount of space wasted by the spare tire in the rear cargo area. I've since seen them running around with a swing-away rear tire carrier.

Don't know if this is a dealer item or aftermarket or both?

[autox-racer]

Answer to tax code in today's paper

Bill Curbs SUV Tax Write-Off

The break for small-business owners is trimmed to $25,000 instead of $100,000.

The Detroit News

By Jeff Plungis / Detroit News Washington Bureau

October 7, 2004

WASHINGTON - Time is running out for small business owners who want to write off up to $100,000 on the purchase of a new SUV.

Under a bill that could be sent to President Bush by the end of the week, the so-called SUV tax break would be scaled back to $25,000.

Under current law, small business owners can write off up to $100,000 of the purchase of a 6,000-pound SUV, van or truck. The tax break covers large vehicles because they meet the definition of business equipment - the main focus of the tax break. Other types of passenger cars are subject to much more rigorous limitations.

rest of article http://www.detnews.com/2004/autosins...b01-296481.htm