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Robert Davidson
 
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Cliff wrote in
:

How much does a fully loaded hummer weigh? What's the
"pay back", compared to an economy car?


http://www.steelsoldiers.com/humvees.htm

Length: 15 feet (4.57 meters)
Width: 7.08 feet (2.16 meters)
Weight: 5,200 pounds (2359 kilograms)
Height: 6.00 feet (1.83 meters) reducible to 4.5 feet (1.37 meters)
Engine: V8, 6.2L displacement, fuel injected diesel, liquid cooled,
compression ignition, sorry fellas, no turbo (I'd slap on a Banks™)
Horsepower: 150 at 3,600 RPM
Transmission: 3 speed, automatic
Transfer case: 2 speed, locking, chain driven
Electrical system: 24 volt, negative ground, 60 amps
Brakes: Hydraulic, 4-wheeled disc
Fording depth:
without preparation: 2.5 feet (76.2 centimeters)
with deep water fording kit: 5 feet (1.5 meters)
with really deep fording kit and SCUBA tanks: 15 feet (4.5 meters)
Fuel type: Diesel
Fuel capacity: 25 gallons (94.63 liters)
Range: 350 miles (563.15 kilometers) highway
Unit Replacement Cost: $50,000


Not a commercial model, but I doubt the H2 is 9,000 lbs. heavier than
the military version. In other words, no way to take the current
section 179 deduction in full. The first $25K is OK, though.

The pay-back would be a function of the differnce in purchase price,
annual fuel cost, maintenance cost, insurance cost and tax
benefits/specific vehicle benefits. As always, no way to say in a
general way...must take it case-by-case.

As far as getting bad advice from your tax pro, that's part of life.
You must be a judge of charater and competence when hiring someone. A
basic level of knowledge is essential, in order to make such a judgement
(so research the web/read a book/take a class). If the tax guy does a
poor job, get rid of him and live and learn. I doubt that you could
argue a good tax guy is not worth his price (and then some). By
deffinition, a bad tax guy is bad. No sense in generalizing the whole
group as doing this or that.

--
Robert Davidson
President
Atlas Financial Corporation
877-750-9445