Quote:
Originally posted by Porsche-O-Phile
How exactly are you able to write off the purchase price (or lease price) of a car?
If someone else is essentially paying for it, I'd say do what makes you feel best.
|
I think he's a subcontractor, because of the 1099, so he is able to write it off as a "Cost of doing business" basically.
I'd say get something cheap, and pile money away until you have a good, large stash, and buy what you want. I guess I should throw in here that I know more or less how you feel. I was in a great spot with the 944, I owned it outright, it ran great, and only left me stranded once (and I knew I shouldn't have driven it). But then I wasn't working, and couldn't afford to fix it when it got hit, and I had to get a loan to buy the Golf, which I currently have. So, I know all about wanting a faster, more fun car, especially when everyone (it seems) my age is driving a WRX, EVO, Mustang Cobra, 350Z, and so on. And I have VW Credit on my back for another 4 years. But I'm also trying to save some cash and put it aside to buy a nice car in the next 5 to 6 years, after I'm out of college and have a Real Job, hopefully making good money.
Every time I see a nice car, I think of how much I want one..and then I go look, and price shop, and rationalize it. And then I think..but if I wait 6 years..I could have xxxx car.
My advice would be wait, save, plan, and live well within your means while you're basically young. If you buy a slightly used 911 at 30, hell that's plenty young to drive fast and hit the track.