I am toying with the idea of getting another car. However, there is some major confusion on my part as to what to get.
Some ramblings: I live in a small town, the closest Ferrari or Porsche dealer is 110 miles away. I was originally planning on getting a 997s as it would make for a good addition to the NSX. They are really good cars, but don't stir me emotionally. I am now leaning towards a GT3 or a F360. I know the prices are all over the place but the main reason I was thinking of getting one was to buy it through my business and reduce the taxable income. Well my financial planner and my Accountant say that buying a Ferrari as a business expense is a huge red flag for the IRS. So, I am toying with the idea of leasing it. I have never been a big fan of 911's and have always loved Ferrari's. But it is really difficult to justify a Ferrari F360. I mean MSRP was $155k but If I act now I can get a 2004 with 4k miles for $168k. What the heck!!! A $120k GT3 outperforms it in many many ways. The GT3 is like a swiss army knife while the F360 is not. Neither of the cars would be a DD. They would be an addition to the family or would replace the NSX.
As you can see, I am truely lost and just looking for others opinions.
Thanks in advance.
Ritesh.
Some ramblings: I live in a small town, the closest Ferrari or Porsche dealer is 110 miles away. I was originally planning on getting a 997s as it would make for a good addition to the NSX. They are really good cars, but don't stir me emotionally. I am now leaning towards a GT3 or a F360. I know the prices are all over the place but the main reason I was thinking of getting one was to buy it through my business and reduce the taxable income. Well my financial planner and my Accountant say that buying a Ferrari as a business expense is a huge red flag for the IRS. So, I am toying with the idea of leasing it. I have never been a big fan of 911's and have always loved Ferrari's. But it is really difficult to justify a Ferrari F360. I mean MSRP was $155k but If I act now I can get a 2004 with 4k miles for $168k. What the heck!!! A $120k GT3 outperforms it in many many ways. The GT3 is like a swiss army knife while the F360 is not. Neither of the cars would be a DD. They would be an addition to the family or would replace the NSX.
As you can see, I am truely lost and just looking for others opinions.
Thanks in advance.
Ritesh.