You can deduct lease payments and it can be a wash vs. 179 purchase.
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392 owners
It’s actually probably worse than this. 71k is the average household income. So your math for someone making 71k is for the literal 50th percentile household. Granted the household would have a much lower tax liability but your take home estimate would be about right when you factor in OASDI and health insurance. What’s “much worse?” That median household most likely needs a second vehicle. Probably a family SUV.
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that’s median not avg…
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Damn, gotta extract that faltering equity while still can! You know, spend $$$ to save pennies!
Not really. They’re just trying to spur people holding out for the BEV credit.
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I guess my Nissan’s with 99% residual for 18 months aren’t going to have any equity in the end 
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6 months from now…
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Me in 70 years explaining how I afforded my ‘drive a new car every quarter phase’.
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Just like Steve Jobs, but he wouldn’t now that paper plates are in. (He used to drive without plates and change his cars every 6 months)
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Such a cool story. Basically the way I heard it was he didn’t like the ugly look of a license plate. In CA until like 2020 you could ride around with a license plate with just a big Mercedes logo for six months, legally.
Was pretty surprised at this when we moved here. So Steve just got a new Mercedes every six months so he could legally have no plates. That’s baller.
I still see people with no paper tags and just a dealer plate every once in a while, enforcement is so-so.
It was more of people couldn’t follow him as he had a Mercedes in the middle of SF (Where Mercedes ownership is pretty high). It made him hard to follow / track.
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Yea and everyone thought he had some kind of special registration barcode in lieu of plate. The amount of clickbait articles on this was insane.
Little did they know it was just a Mercedes VIN sticker and CA didn’t require temp tags.
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