Appreciate it!
Understand that you were told what an abysmal deal the original one and how no matter how hard you try to push this rock up a hill, itâll never be good and you came back asking about an almost equally abysmal deal. That comes across as if you completely ignored everything that was said.
So to simplify, so there is no confusion⌠any offer youâre going to get right now on an NX is going to be bad because the program support from the manufacturer isnât there. Itâs just not going to happen, no matter how hard you try.
If you have to have one of these, find a dealer that will discount the most and purchase it.
1 Like
To Hackers.
Isnât that true if one buy or lease a certain tonnage SUV for business purpose then they get a Tax break like few thousand $$. One of my friend told me at end of December he wants to get out of his current X5 into a new X5 so he can collect Tax $$$. Vehicle was registered under Business name. Problem he was facing was that he couldnât find an X5 to lease .
Local dealers were all sold out.
May be OP buy some car get the Tax rebate and sell it in 1 to 3 years . Then lease again when market is more reasonable for lease.
You can deduct legitimate business use for almost any vehicle.
What youâre talking about is section 179 accelerated depreciation on vehicles with a GVWR above 6,xxx lbs, and thereâs nothing particularly magical about it. It allows you to take 100% depreciation in year one and none in subsequent years⌠vs another schedule such as 20% every year for 5 years.
1 Like
Does it works same if you buy or lease.
If someone spends 80k on a vehicle 6000 lb or more so he can write off $80k next year from the account book.
People somehow think that because they can deduct the lease cost and save taxes paying any amount for a lease is ok. In reality you are really saving your tax rate times your lease payment, and itâs still your money, so you should still focus on getting a good price.
5 Likes
Are we sure this isnât NJRonboâs long lost cousin, CARonbo?
5 Likes
The 4th post suggested that you purchase the car. And, 36 posts later, you are still presenting deals for a car that, structurally, is simply not going to lease well no matter what. So the impression is
There really isnât any more advice to give/receive.
Wait to see if the lease deal on this car gets better or purchase it.
If you could get a lease deal within, say, the $500-600/mo (effective payment) in the current market, that would be pretty good. Anything else is going to get eyerolls. And $500-600 isnât going to happen right now.
3 Likes
Not sure what else can be said. Horse beaten to death but one last chance at slow mode before the final closure
3 Likes
horrendous deal, hope he signs it to go in the hall of fame
7 Likes
Lexua NX will be really expensive until inventory gets back to normal on these things! @gerbilunit Reach out if you in CA and we will help you acquire a good deal on a car that will suite you
How do you expect to fully write off a vehicle you donât own? The heavy SUV deduction applies to purchased SUVs rated at or above 6,000 lbs GVWR. Also has to be built on truck chassis, so X5 qualifies, RX 350 doesnât. Relatively high audit rates by IRS (with CA and some other states non-conforming), especially with claimed 100% business use, especially if bought very late in the year.
The OP should retain a real tax CPA to save his marriage 
I donât think this is true.
I donât know what the rule itself is, but, if you mean âbody on frameâ when you write âtruck chassis,â the X5 isnât body on frame and is built on the same platform as the 5- and 7-Series.
2 Likes
@paranoidgarliclover @max_g - Yes⌠No⌠Itâs complicated! IRS incorrectly used âtruck chassisâ terminology a couple of decades ago and it just stuck in the tax vernacular since. My personal guess is that it makes it easy to distinguish the Highlanders from the 4-Runners of the world. The X5 is âbuilt like a truckâ even though youâre correct that itâs not body on frame like most heavy SUVs.
The real heavy truck tests are far more complicated and I only suggest reading the tax law on that if you still cannot sleep giggling after reading that someone thinks about paying $800 a month on a base NX lease. Just look up GVWR and run with it.
Easy reading here Tax Deductions for Heavy Vehicles | MileIQ (note this renowned tax attorney uses âtruck chassisâ in his description).
NASA PhD Cliffâs notes here Little-Known Tax Deductions on Crossover Vehicles
"Thus, for purposes of both the luxury rules under Section 280F and the gas-guzzler tax, tax law grants the Secretary of Transportation the authority to define cars and trucks.4 The Department of Transportation says that your crossover vehicle is not a car but a light truck when it meets either A or B below:
A. Your crossover vehicle is a truck if you can create a flat, floor-level surface from the front seats to the rear by removing the seats using simple tools such as screwdrivers and wrenches.5
B. Your crossover vehicle is a truck if it first has either (a) four-wheel drive or (b) a GVWR of more than 6,000 pounds, and second has four or more of the following five characteristics:6
Approach angle of not less than 28 degrees
Break-over angle of not less than 14 degrees
Departure angle of not less than 20 degrees
Running clearance of not less than 20 centimeters
Front and rear axle clearances of not less than 18 centimeters"
1 Like
OP-You mentioned this was for your wife, no other options so you know this is the best deal you can get right now on this NX-if she canât wait sign it and let her have it⌠no sanity checks allowed after signing though.
People here are really genuine in giving the correct answer-even when it seems a bit harsh it comes from their hearts and trying to help people not make bad decisions and frankly save money if circumstances are right and sane.
If your pocket can handle it-donât hesitate, happy wife-happy life.
1 Like
Though it must be said, if I gave in to the whims of my wife over the years, we would have driven a Buick Century, and a Nissan Quest. Ainât happinin.
4 Likes
Maybe itâs time to coin something new like
Shitty car, empty wallet.
1 Like
Or a Nissan Juke
Also ainât happening.
1 Like
Crappy marriage, crappy carriage?
(Stick trap to Al Bundy of Married with Children fame - cue in the theme song)
1 Like