Depreciating your luxury car.Gives Internal Revenue Service-announced depreciation limits for business autos purchased in 1991. Explains what the law allows in terms of writing off a business car's value.McCormallyK.BlumA.Kiplinger's Personal Finance Magazine...
Off course this is given that they have ample cash to spend on a generally fast depreciating asset such as a car (apart from Mercedes, BMW and the infamous Kia Sephia) as opposed to le nding and having the same amount invested in a business or other inflation-defeating asset or even ...