1. Attachments are working again! Check out this thread for more details and to report any other bugs.

Prius V buy/lease in Chicago. Needs advice

Discussion in 'Prius v Main Forum' started by AllenZ, Dec 11, 2011.

  1. AllenZ

    AllenZ Active Member

    Joined:
    Jul 9, 2010
    640
    63
    0
    Location:
    Chicago
    Vehicle:
    2010 Prius
    Model:
    Four
    My friend is looking for advice on buy/lease Prius V or regular or the new PHP? I don't have much experience on those so here I come to you...

    First of all, she owns a 97 caravan from new. Drives about 12K/y. Very conservative style, does not care too much about high tech.

    She is a small business owner with one million+ revenue. So the leasing option is considered because of tax deduction benefit. She is certainly open for used or buying new other than leasing.

    She does not need to haul lots of stuff, that's why she was considering regular Prius. I think since she owns a minivan, the Prius V might fits her better, with less gap in size at least. But all options should be open, including Lexus HS and 450h, the Camry Hybrid.

    So go ahead, give her all your valuable advice and I will digest and pass on. Thanks!
     
    #1 AllenZ, Dec 11, 2011
  2. GotARibbonBluev5

    GotARibbonBluev5 Junior Member

    Joined:
    Nov 19, 2011
    12
    3
    0
    Location:
    Minneapolis
    Vehicle:
    2012 Prius v wagon
    Model:
    Five
    Call an accountant, and ask if "Bonus Depreciation" works for her situation. If yes, buying might be the way to go. The Feds can print money out of thin air.... What a racket.

    See:
    Bonus Depreciation and Increased Section 179 Deduction under the American Recovery and Reinvestment Act
     
    #2 GotARibbonBluev5, Dec 11, 2011
  3. AllenZ

    AllenZ Active Member

    Joined:
    Jul 9, 2010
    640
    63
    0
    Location:
    Chicago
    Vehicle:
    2010 Prius
    Model:
    Four
    #3 AllenZ, Dec 11, 2011
(You must log in or sign up to post here.)