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O/T F/S...End of year tax break Chevrolets...

Discussion in 'Uncategorized Threads' started by bcnu, Dec 24, 2007.

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  1. bcnu

    bcnu Active Member

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    Just a reminder, it is the end of the year and if anyone needs to get a vehicle before tax time in order to get the tax break for their business, this is the week to do it. I am still at Reliable Chevrolet in Springfield Missouri and have a pretty full line of everything.

    Take care and have a Merry Christmas.

    John
     
  2. bcnu

    bcnu Active Member

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    I forgot, we are also a Mercedes dealership.

    John
     
  3. Texas Ton

    Texas Ton TS Member

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  4. bcnu

    bcnu Active Member

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    By the way, a fellow trapshooter from this board also has a GM discount available for someone with a qualifying credit rating. I think that he said it is about an 8% discount. I will put you in touch with him if anyone is interested.

    Thanks and Merry Christmas.

    John
     
  5. Dickgshot

    Dickgshot Well-Known Member

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    If you can get a 2008 Chevy Malibu Hybrid it qualifies for a $ 1,300 tax credit for 2007-which is available even if you don't use the car for business.

    A credit is a dollar-for-dollar reduction in your tax, while a deduction (like depreciation or the Section 179 expensing election) only reduces your tax by the amount of the deduction multiplied by your tax rate.
     
  6. bcnu

    bcnu Active Member

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    Every day. John
     
  7. Hipshot 3

    Hipshot 3 TS Member

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    Chevrolets are CRAP! I wouldn't buy one if the IRS gave me their blessings!
     
  8. Hipshot 3

    Hipshot 3 TS Member

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    Up yours! Hot dam......we're getting nasty again! Love it!
     
  9. sammyd95

    sammyd95 TS Member

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    Tax break,,whats that ????????????I made less this year than i did last year ,can i turn that in as a loss ??
     
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