WHY do I want one so bad?

[evil genius]

Originally Posted by frownonfun

GM isn't gonna collapse. geez. bankruptcy maybe but the company will still be there all the same.

Sorry if I offended you. I thought that saying it was a stretch would imply that I was kidding.

Just trying to help the guy out. When I try to justify something I grasp at every last straw I can get.

[frownonfun]

Originally Posted by evil genius

Sorry if I offended you. I thought that saying it was a stretch would imply that I was kidding.

Just trying to help the guy out. When I try to justify something I grasp at every last straw I can get.

no i'm not offended. i've never really owned anything but honda, toyota, or yamaha. when i had a choice that is. didn't realize you were kidding. my bad.



as for the OP i think you should just buy the yaris already.

[YarisOwnersDad]

I appreciate all the help I can get.

Tom

[evil genius]

Here's a real factor to look into. Possible tax credit on new car purchases through end of 2009.
As long as you make less than $250,000 a year and purchase a car less than $50,000 you could qualify for tax credit on interest and sales/excise tax.

[tomato]

Originally Posted by evil genius

Here's a real factor to look into. Possible tax credit on new car purchases through end of 2009.
As long as you make less than $250,000 a year and purchase a car less than $50,000 you could qualify for tax credit on interest and sales/excise tax.

Tax credit? Please tell us more!

[cdavidhess]

Originally Posted by tomato

Tax credit? Please tell us more!

Special Tax Break Available for New Car Purchases This Year


IR-2009-30, March 30, 2009

WASHINGTON — The Internal Revenue Service announced today that taxpayers who buy a new passenger vehicle this year may be entitled to deduct state and local sales and excise taxes paid on the purchase on their 2009 tax returns next year.

“For those thinking about buying a new car this year, this deduction may give them a little more drive to make their purchase this year,” said IRS Commissioner Doug Shulman. “This deduction enables taxpayers to buy now and get cash back later on their tax returns.”

The deduction is limited to the state and local sales and excise taxes paid on up to $49,500 of the purchase price of a qualified new car, light truck, motor home or motorcycle.

The amount of the deduction is phased out for taxpayers whose modified adjusted gross income is between $125,000 and $135,000 for individual filers and between $250,000 and $260,000 for joint filers.

IRS also alerted taxpayers that the vehicle must be purchased after Feb. 16, 2009, and before Jan. 1, 2010, to qualify for the deduction.

The special deduction is available regardless of whether a taxpayer itemizes deductions on their return. The IRS reminded taxpayers the deduction may not be taken on 2008 tax returns.

[Ed_]

Dont' know if Insurance would become a factor?
Of course you haven't mentioned upgrades:-)
And then again, have you figured in the counseling sessions if you don't get a Yaris:-)
Just asking;-)

[tomato]

Thanks you for the link! ^
Although at the same time, California has increased the sales tax and income tax, so... I will definitely check that out, thanks!!!

[Yaris Hilton]

That actually spurred my wife and me to go looking, ending in our buying two new Yarises. That and recent slow sales causing nice sales incentives and flexible deals.

[tomato]

^ gotcha. What were you driving before, Yaris Hilton?

BTW, I found this at Turbotax:

"Deduct the Sales Tax Paid on a New Car
If you buy a new car, pickup truck, motorcycle or motor home this year you could qualify for a new sales tax deduction, thanks to the stimulus law passed on February 17, 2009.

You can deduct the sales tax you pay on a new vehicle, if you buy it between February 17 and December 31, 2009. And you get this tax break even if you claim the standard deduction—as most taxpayers do—rather than itemizing deductions on your tax return.

For people who take the standard deduction on their 2009 returns next spring, the sales tax deduction will be added to their standard deduction. For example, the standard deduction for married couples for 2009 is $11,400. If a couple pays 6 percent sales tax on a $30,000 car, they can add the $1,800 sales tax to the $11,400 and claim a standard deduction of $13,200. That $1,800 deduction could be worth as much as $450 in tax savings for a car buyer who’s in the 25 percent tax bracket.

Taxpayers who itemize deductions will include their vehicle sales taxes with other qualifying expenses, such as state and local income and property taxes, mortgage interest, charitable contributions and medical expenses ... "

http://turbotax.intuit.com/tax-tools...dits/7113.html

hmmm...

[Yaris Hilton]

I was driving a pretty red 1995 Volvo 850 Turbo with spoiler, mag wheels and sunroof. Nice fun car, but it needed work soon.

[MadMax]

Originally Posted by Yaris Hilton

I was driving a pretty red 1995 Volvo 850 Turbo with spoiler, mag wheels and sunroof. Nice fun car, but it needed work soon.

Ditto here, a 96 VW Passat GLX wagon with the VR6 and a 5-speed. Had it almost ten years (bought it when we got back from Germany, and shipped it over to Belgium on my own nickel); but it was starting to show its age. It was a blast to drive, fast as snot (had a Neuspeed P-flow & K&N air filter on it, so it had a real vicious induction sound to it), and handled great; but I was destined for trouble in it, so I got the Yaris.

The funny thing is, my wife was the one who pushed getting Sprocket, God bless her little heart! And I have slowed down considerably in it, as it is fun to drive that way. On my way home from work on Friday, a truck coming from the other direction was flashing its lights at me, the usual sign there was a police car with radar up ahead; but I was going five miles under the speed limit on this particular back road. I just smiled as I passed the cop car hidden in the bushes...

I don't know why, but I have no desire to drive this car like a maniac!

Cheers! M2

[YarisOwnersDad]

MAJOR DEVELOPMENT!

The wife has agreed to take a trip down to Clarksville, TN, about an hour away, where they have a couple of the Flint Mica Yarii and a few in other colors. I want to see as many colors live and in person as possible before I buy. This is the dealership where my dealer will be getting my car, if I go with the Flint Mica or some other color that they have and that my dealer doesn't have.

This does not mean that I have the green light from the wife to get a Yaris, but it is a major step in the right direction.

Woooooooohooooooooooo!!!!!!!

Tomster

[YarisOwnersDad]

OK, we are back from Clarksville, and I think the wife has resolved herself to the fact that I am about to become a Yaris owner, which is a step short of endorsing my purchase, but, hey, I'll settle for "resovled."

Now, help me pick the color. I am still not sure about Flint Mica. It's OK, but I'm not sure it is my top choice any more. Well, Barcelona Red Metallic is my TOP choice, but because of Wes having that color, I cannot get one. They had a white one that looked good, but my Cobalt is white. Still, I would consider white, and there is already a white one at my local dealer, so he might knock off a hundred or so for not having to do a dealer trade. That Pacific Blue did not look bad. Silver was a good color, but the only silver was an "S" model. That doesn't meant that the local dealer couldn't locate a silver base sedan elsewhere, though. (Twit, I can see why you chose silver.)

Decisions, decisions, decisions! I LOVE IT!

I hope to be a Yaris owner sometime tomorrow!

Tom

[tomato]

Originally Posted by YarisOwnersDad

Well, Barcelona Red Metallic is my TOP choice, but because of Wes having that color, I cannot get one.

Tom

Why not? That's the one you really want, isn't it?

I don't see why you're trying to compromise on a different color if that's the only one you like. If you're wife can get over it, then Wes definitely can, too

Can't help with the colors, because I haven't see them in person and colors are clearly a matter of personal taste.

[PETERPOOP]

WHITE. Easiest to keep clean. That and silver. If you get flint mica, scratches will show more. But depends what you want. If I could do it over again, I'd get black. Don't regret your choice! Think long and hard!

[cdavidhess]

I think she must love you.

[cdavidhess]

I like white!