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Go Back   Hummer Forums by Elcova > Hummer H2 Discussion Forums > General H2 Discussion

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Old 12-19-2002, 02:08 PM
H2Norcal H2Norcal is offline
 
Join Date: Dec 2002
Location: Northern California
Posts: 147
H2Norcal is off the scale
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This is the only reason it makes sense for me to buy one....I currently have a Sierra HD 2500 with the 6.0 Vortec (nearly same motor as H2) as a business truck and love it. Unfortunately it has reached it maximum tax depreciation benefits. You definitely have to have a legitimate business with a position that allows you to do this and keep mileage logs or you will get hammered by Uncle Sam. I know several people that have. Fines are nasty.

I believe the tax rules state the vehicle must have a 8k Gross Vehicle Weight Rating (the vehicle weight is not relevant). The H2 qualifies. Many of the other mid-sized SUV's don't (a light duty Tahoe for instance is on the edge).

Good luck.
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