LOL! I’m just looking for some solid advice. I know nothing about this stuff. Dealer is showing me a brand new ‘24 G550 and discounting $30,000 off the MSRP, effectively washing out all of my negative equity on the Defender trade. I can finance that car, pay $2K / month, and get a huge tax savings. Seems like a no-brainer solution to a novice like me, but you might explain to me why it’s not! : )
It’s cheaper to keep her
Happy wife happy life
These dudes will drive a cardboard box for for 69.42 a month if they could
If you can afford it who cares? Is it financially smart? Absolutely not, but if you can swing it and not feel it YOLO
Deduction limits for SUV section 179 in tax year 2025 is $30,000 assuming Gross Vehicle weight is 6000lbs or more.
Standard depreciation applies otherwise.
Please check with your accountant, I’m not an expert.
Good ol’ Trump brought back bonus depreciation for 2025. Can deduct 100% of the vehicle purchase price for heavy SUVs
I know you’re not talking about the chair in the corner, Mr. I ride the bus
Divorce? 
Can you explain why it’s not “financially smart” to get a large discount on the car, finance the purchase at a competitive rate, and get $60K cash back in tax savings? Genuinely don’t see the downside. Explain to me like I am a toddler. Thank you.
Why she didn’t like it? Do you think g550 will be any better besides v8? Have u considered x5m?
You flushing 30k Down the toilet ?
You just bought the car now you want to dump it because she doesn’t “like” it Eating 30k ain’t for the weak unless you shit money
You really think 30k off a g550 is exciting?
The g63 tickles my pickle the 550 is for poor people like @li8625
As far as the “savings” I’m not going to comment on doing the 179 for a “business” that’s another rabbit hole
My wife hated my 911. I don’t care cause we’re in a marriage and she understands my love for 911s. She’s either in a taycan 4s or X7). I swear LH can negotiate with dealerships but can’t tell their wife no.
Section 179 is something every person should leverage until they pull the rug, if ever. Most people are just angry it exists. Ignore that.
Because, it’s an audit risk and also you have to pay a lot of it back if you don’t record all your miles/trade the car in
But I won’t eat the $30K if I can wash it out with a large discount on something else - no? For example, let’s say I get $20K off on a new 2025 Cayenne S, and they roll in my $20K negative. So basically I’m paying sticker on the Cayenne and my negative equity vanishes. Right? Also I wish this was really Dua Lipa.
This whole thread makes me feel poor. 
Never Change, LH!
Quote of the year!
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This is a terrible plan. They’re taking $30k off, which means it’s not worth sticker price. Rolling $20k negative equity plus tax and license on the new vehicle is going to put you in an even bigger hole than you’re in now (The G550 may depreciate slower than the Defender, but it’s still going to depreciate the moment you drive it off the lot).
Either sell the Defender as a separate transaction and take the hit, or hold onto it and do a section 179 (it qualifies).
If they are willing to discount it 30k you think it’s worth its Msrp?
Dealers do crazy things on December 31st… that they won’t do rest of the year.
If I’m reading @DetroitLovesCars mind…
