TT, SC, or just get an R8 or Porsche GT3?

spearfish25 · 06-17-2010, 06:54 PM

Excellent advice, Phimosis (appropriate name for my profession as well). You're the second person who has recommended the 1099 route for the tax benefits. Will definitely find a way to make that happen.

I've found there are three types of doctors. 1) Those who drive shitty cars because they don't know better. 2) Those who drive shitty cars only to the hospital so they stay under the malpractice radar and keep their nice rides at home. 3) Those who drive their Maserati to the hospital because they just don't give a f*%&.

Oh, and I demand many many videos after your SC is installed. I'm still waiting for RCZ to post some shortly!

The SC will come for me. Right now my agenda is Hotchkis sways, custom oil cooler, Stillen power steering cooler, and spacers. Should keep me busy for the next weekend or two

Quote:

Originally Posted by Phimosis

Haha! One of my radiologist colleagues drives a '98 Camry with a missing hubcap. The hubcap has been missing for the 3 years I worked with her! OMG. I'm sure she's got mad money though.

On the CTS-V, either get in a group that offers you a car as part of the employment package or do some consulting or per diem work that gets paid as 1099 income rather than as W-2 income. Then you can get the CTS-V on lease and write it off as well as a fraction of your mortgage or rent for your home office. Better yet, Find a CPA with a good reputation for being...well....creative.... then pay him for a one hour consultation to get advice on what to buy/lease to maximize your tax benefits, then start spending that cash!

For myself, I have a Toyota yaris as my daily driver and the 370 as my weekend car. Because my cost of living is low, I sits on big piles o' cash. Took my car to Stillen in Orange County yesterday and dropped it off to get the supercharger, lightened flywheel, clutch, canards and splitter installed. After install, tax and whatnot it's $9,500. Nice to write a check for the total, not stress over it and not worry that I might blow the engine and need a whole new vq37. If you own an R8 or GT3 it'll run what.... $30,000 for a new engine?

TreyUT · 06-18-2010, 12:52 PM

Nice thinking spearfish! That caddy is definitely for day to day leisurely drives.

Hate to bust all your bubbles but those doctors that drives POS to work is BS-ing you. My sister and her husband own an optometry business. She owns and runs the business and he is the doctor. He drives a 1990 blue ext chevy s-10 and she drives a 2003 honda minivan to work. Haha. She told me they do it because they don't want their employees and everyone to know their business. Sitting at home in their garages are also a 2010mercedes coupe, a 2007 audi coupe, and a 2008 lexus suv.

mrcardio · 06-18-2010, 02:59 PM

Quote:

Originally Posted by TreyUT

Nice thinking spearfish! That caddy is definitely for day to day leisurely drives.

Hate to bust all your bubbles but those doctors that drives POS to work is BS-ing you. My sister and her husband own an optometry business. She owns and runs the business and he is the doctor. He drives a 1990 blue ext chevy s-10 and she drives a 2003 honda minivan to work. Haha. She told me they do it because they don't want their employees and everyone to know their business. Sitting at home in their garages are also a 2010mercedes coupe, a 2007 audi coupe, and a 2008 lexus suv.

Not everyone who makes good money spends it on cars believe it or not.

spearfish25 · 06-18-2010, 03:22 PM

Quote:

Originally Posted by mrcardio

Not everyone who makes good money spends it on cars believe it or not.

m4a1mustang · 06-18-2010, 04:20 PM

Quote:

Originally Posted by spearfish25

Haha but it's so true. We have so many loaded clients that drive beaters... they really don't care about cars at all. Some guy who's probably worth $12-14m bought a new car about a month ago...

A freakin' Civic EX.

It just goes to show you that you can never judge a book by it's cover!

Zsteve · 06-18-2010, 05:55 PM

Quote:

Originally Posted by m4a1mustang

Haha but it's so true. We have so many loaded clients that drive beaters... they really don't care about cars at all. Some guy who's probably worth $12-14m bought a new car about a month ago...

A freakin' Civic EX.

It just goes to show you that you can never judge a book by it's cover!

I bet his wife is sporting 100k in jewls every time she steps out of thier mansion.

Zsteve · 06-18-2010, 03:44 PM

Quote:

Originally Posted by mrcardio

Not everyone who makes good money spends it on cars believe it or not.

Well thats just not right. LOL Im sure they do have some type of expensive toy tho.

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06-18-2010, 12:52 PM	#2 (permalink)
TreyUT Base Member Join Date: Jan 2010 Location: Dallas Posts: 72 Drives: 2010 370Z BS Rep Power: 17	Nice thinking spearfish! That caddy is definitely for day to day leisurely drives. Hate to bust all your bubbles but those doctors that drives POS to work is BS-ing you. My sister and her husband own an optometry business. She owns and runs the business and he is the doctor. He drives a 1990 blue ext chevy s-10 and she drives a 2003 honda minivan to work. Haha. She told me they do it because they don't want their employees and everyone to know their business. Sitting at home in their garages are also a 2010mercedes coupe, a 2007 audi coupe, and a 2008 lexus suv.