A little something we all tend to overlook:
Whatever massive amount we depreciate and thusly save on taxes
today....will have to be accounted for when we sell these things and they haven't devaluated to that extent
later.
Essentially we have to re-capture the write-off. In the end...we depreciate whatever the actual devaluation is, the huge tax write-off is only an up-front candy piece intended to make you feel wealthier, spend more in an effort to increase marginal demand and create warm fuzzy thoughts about the originator of such legislation. Don't believe the hype...we basically just get that tax-savings on loan.
Damn you for making me use my brain and recalling some economics from my college days!!
There are a LOT of great values on used vehicles in great shape for under $15,000. They won't turn eyes, impress anyone or have that great new smell with a big warranty. So if you have the bucks to go beyond that simple $15K window....you best have the money not to really care about $20K here and there.
Now, if you'll excuse me....I'd like to return to being comfortably numb about the real value of buying such an extravagant toy.
