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Old 11-03-2013, 09:52 AM
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We bought our WK2 thinking it wouldn't give an impression of being snooty or elitist. Now this!! Lol, Guess we'll just have to live with all of the neighborhood gossip )
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Old 11-03-2013, 10:20 AM
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Re: JGC purchased by richest 1%? Oh great!

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Originally Posted by Zoggan View Post
We bought our WK2 thinking it wouldn't give an impression of being snooty or elitist. Now this!! Lol, Guess we'll just have to live with all of the neighborhood gossip )
What kind of stuff are they saying?

I can just imagine what they say about BMW X5 drivers.

Then again who cares.
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Old 11-03-2013, 10:27 AM
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Quote:
Originally Posted by JGC4x4 View Post

What kind of stuff are they saying?

I can just imagine what they say about BMW X5 drivers.

Then again who cares.
Oh this is all tongue in cheek Nobody has said anything! My wife is a Realtor and wanted to strike that balance of projecting success, but maybe not BMW or Cadillac success!!
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Old 11-03-2013, 10:29 AM
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Re: JGC purchased by richest 1%? Oh great!

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Oh this is all tongue in cheek Nobody has said anything! My wife is a Realtor and wanted to strike that balance of projecting success, but maybe not BMW or Cadillac success!!
LOL

I thought realtors had to have the obligatory Mercedes?
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Old 11-03-2013, 11:47 AM
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Re: JGC purchased by richest 1%? Oh great!

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LOL

I thought realtors had to have the obligatory Mercedes?
I'm in real estate too, and you know when you roll up to an event with lots of realtors when the driveway or parking lot looks like a luxury car dealership LOL.

The Jeep is a great vehicle for driving clients around, my only issue for that purpose is fuel economy. Driving around from house to house is when the Jeep is at its worst economy wise, making it very expensive to use for that purpose.
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Old 11-03-2013, 11:56 AM
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Re: JGC purchased by richest 1%? Oh great!

Business use = tax deduction
I know you still have to pay the bill, but every little bit helps. My wife hauls clients around in her business, and the mileage helps at tax time.
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Old 11-03-2013, 12:10 PM
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Re: JGC purchased by richest 1%? Oh great!

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Business use = tax deduction
I know you still have to pay the bill, but every little bit helps. My wife hauls clients around in her business, and the mileage helps at tax time.
No doubt. My wife and I are both 1099 so we write both vehicles off...but if she's writing off mileage she can't also write off fuel costs. If she's taking the actual expense method then she can write off the fuel cost.

Its still a significantly more expensive vehicle to drive in that scenario. But...you only live once!
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Old 11-03-2013, 12:15 PM
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Re: JGC purchased by richest 1%? Oh great!

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Originally Posted by SW03ES View Post
No doubt. My wife and I are both 1099 so we write both vehicles off...but if she's writing off mileage she can't also write off fuel costs. If she's taking the actual expense method then she can write off the fuel cost.

Its still a significantly more expensive vehicle to drive in that scenario. But...you only live once!
We work it both ways, and usually end up taking the mileage. She uses the Compass for her business. I'm retired, so we insure the JGC as a pleasure vehicle. Gaming the system becomes a way of life after a while.
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Old 11-03-2013, 12:25 PM
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Re: JGC purchased by richest 1%? Oh great!

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We work it both ways, and usually end up taking the mileage. She uses the Compass for her business. I'm retired, so we insure the JGC as a pleasure vehicle. Gaming the system becomes a way of life after a while.
Yeah it completely depends. If you drive a lot of miles the mileage may be better, if you lease and have payments the actual expenses are probably better. I've done it both ways.
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Old 11-03-2013, 03:33 PM
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Re: JGC purchased by richest 1%? Oh great!

It sure will not attract the unwanted attention an Escalade would in some of the areas we go in southern California.

Most of us who are millionaires are self-made and not show-offs, as Stanley and Danko documented so well in the wonderful to read The Millionaire Next Door. I drive far more than average, so more quiet, comfort, and so forth, especially as I age into my late 50s, was worth spending a bit more. Still, the Jeep cost a tiny fraction of our net worth, so not an extravagant purchase. Spending $25,000 more for an equivalent M-Class would have been wasteful.

This top 1% stuff is really just some silly political campaign baloney with no practical value.
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Old 11-03-2013, 03:36 PM
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Re: JGC purchased by richest 1%? Oh great!

That, and the fact that a million bucks just ain't what it used to be!
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Old 11-03-2013, 04:25 PM
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Re: JGC purchased by richest 1%? Oh great!

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That, and the fact that a million bucks just ain't what it used to be!
Yep, by a factor of 24 from 100 years ago.
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