Looks amazing! Congrats! When did you place your order? My 4CT was originally supposed to come by 7/31 but but they’ve been pushing it back consistently. I’m at 9/3 now. Very impatiently waiting. ?
Great post! Excellent information, and you boiled it down perfectly. In the end, know what you’re getting yourself in to if you choose to use section 179 on a car/truck. Pleading ignorance will likely not work, “The IRS is not as forgiving as I am…”
Based on my CPA's opinion, we would have been fine if the CT was classified as a crossover. HOWEVER, after reading this thread:
https://www.taycanforum.com/forum/threads/update-delivered-my-taycan-4s-cross-turismo-will-be-at-my-dealer-today-in-texas.5586/
One of the members of the forum...
My 4CT is scheduled to arrive in August and I had the exact same discussion with my wife. I was leaning Mamba Green, she felt it was too flashy. So we narrowed it to Gentian Blue and Cherry Red. The blue seems a little too “Hot Wheels” in certain light. I ended up selecting Cherry with beige...
When I asked my dealer to add black aluminum door sills to my CT4 build, he said the option wasn’t available until July, and mine is a June production.
Hah! Same, had to go from Mamba to Cherry when the wife called it “Slimer green.” But now I’m loving the color. Went to see it in person on a Taycan at the dealer. Can’t wait, 7/30 delivery in Chicago. Production scheduled to start on 6/4.
Beautiful! Was it pricy to have the plastic parts painted? I have a 4 Cross Turismo on order in Cherry Metallic and have gloss black accents everywhere. Thinking of having the wheel arches painted gloss black. It’s standard on the Turbo S, but not even an option on the other models. I’ll be...
Exactly. This is my first Porsche and my first EV. Coming from a Alfa Romeo Giulia Ti(0-60 5.2s). I’m sure the instant torque is gonna make this car a blast to drive regardless of the one second difference. It just a question of value IMO. But again, to each his own, if that 1 sec difference is...
I was having the same debate. When I configured the 4 it came out to $111k, and the 4S came out to $132k. Pretty much that same 20k difference. In the end I went with the 4. After watching the recent videos and articles reviewing the 4(same cherry red that I picked!) I’m happy with my choice. I...
Same. I am trying to understand plan C. I don’t quite get it. I forwarded that page to my CPA. Hopefully I’ll get an answer this week and can share it here.
Here’s the website I was referencing. They have some pretty clear requirements of what constitutes a truck, this is why I’m skeptical.
https://bradfordtaxinstitute.com/Free_Resources/Best-Tax-Deduction-Crossover-Vehicle-Unibody-Chassis.aspx
Here’s the relevant part:
——-
A. Your crossover...
After reading some articles on this, it seems that if it can be classified as a truck then you can take either $25,000 deduction in the first year and then depreciate over the course of many years, OR take 100% bonus depreciation in the first year. If it’s not a truck you can take a max of...
Yes on business purposes, possibly on the title, depends on how you structured your Corp/LLC etc. (consult your tax professional, I plan to call mine tomorrow) ??♂️
I ordered my CT4 last month, delivery on 7/30. So I happened to look at the spec sheet for the CT and noticed the Gross Vehicle Weight Rating(GVWR) is 6360lbs. Considering this car is being marketed as a CUV, and I’m using it primarily as my daily driver to and from work, I think it qualifies...