Did I get a good deal?

Can anyone chime in? I just want to know if I did pretty good here lol

I also do not lease,your just renting the car and have to give it back.To me that is a Bad Deal.Waste of $$$$. Your deal is a good deal if you think it was a good deal.Now stop worrying about your deal and just enjoy the car.

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Originally Posted by 15HURACAN1

I also do not lease,your just renting the car and have to give it back.To me that is a Bad Deal.Waste of $$$$. Your deal is a good deal if you think it was a good deal.Now stop worrying about your deal and just enjoy the car.

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Dude trust me I'm enjoying it ..lol
BTW like I said in the post it's a write off ...can buy it cash
No problem but didn't make sense for me since I change cars
Every 2 to 3 years. Maybe when I really want a stable of cars I'll do that.

Anyway agree tho will do that ..damn car is unbelievable.

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Originally Posted by Its_a_lambo

Dude trust me I'm enjoying it ..lol
BTW like I said in the post it's a write off ...can buy it cash
No problem but didn't make sense for me since I change cars
Every 2 to 3 years. Maybe when I really want a stable of cars I'll do that.

Anyway agree tho will do that ..damn car is unbelievable.

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In Canada, the Canadian Revenue Agency will never let business to lease a Lamborghini and declare as an expense. I used to lease a Porsche 911 4s to commute to work, CRA came and said You don't need a such luxury car for commute or for your business and eventually only 60% of the lease was allowed to be declared as business expense and another 40% I paid out of my own pocket.

If you can declare the lease as expense, I think it is a good deal for you.

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Originally Posted by xudaniel1949

In Canada, the Canadian Revenue Agency will never let business to lease a Lamborghini and declare as an expense. I used to lease a Porsche 911 4s to commute to work, CRA came and said You don't need a such luxury car for commute or for your business and eventually only 60% of the lease was allowed to be declared as business expense and another 40% I paid out of my own pocket.

If you can declare the lease as expense, I think it is a good deal for you.

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I guess it depend on the Business. ..I work closely with my reputable accountant for years and this is my 3rd exotic. Never a problem but then again I'm not a dentist or doctor of any type.

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Originally Posted by Its_a_lambo

Can anyone chime in? I just want to know if I did pretty good here lol

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Did they give you a jar of Vaseline® with this deal?

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Originally Posted by Rubuntu

Did they give you a jar of Vaseline® with this deal?

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No..but please explain. I'm all ears .please don't hurt me too bad tho lol

Doesnt sound like many members lease so maybe not many can give you insight. But does the car drive like you got a good deal? :cool:

The only strong point I see for leasing a car in CA is that they do not receive tax credits...if I lived in CA this would be my only validation to lease. ;)

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Originally Posted by Ferruccio

Doesnt sound like many members lease so maybe not many can give you insight. But does the car drive like you got a good deal? :cool:

The only strong point I see for leasing a car in CA is that they do not receive tax credits...if I lived in CA this would be my only validation to lease. ;)

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Well I am in California San Diego. I've leased 2 r8s before seem to work out just fine for me. My taxes are in the 6 and sometimes 7 figures it does help but I do use the vehicle I say 80 to 90% for Business meetings.

I'm sure I'm not the only one but no one want to speak up haha

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Originally Posted by Its_a_lambo

Well I am in California San Diego. I've leased 2 r8s before seem to work out just fine for me. My taxes are in the 6 and sometimes 7 figures it does help but I do use the vehicle I say 80 to 90% for Business meetings.

I'm sure I'm not the only one but no one want to speak up haha

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Yep, saw you were from SD so i know whats up, do you know Kin by chance? ;)