A lease is really just an insurance policy against value loss. The gamble is the car will be worth less than the total lease payments over the period. It also is a cash flow consideration as the outflow per month is only based on loss of value and not on actual ownership of the vehicle. To each's own. However, I suspect Horse is not aware that his writing off of a leased luxury car would likely not stand up to a true audit. It's one of the first things the agents tend to look for...personal assets being treated as business assets. That's based on experiences.
What is wrong with leased? Its a business write off, everyone does it. You need to get a clue.
And a lot of them get caught...but by all means, if you can get away with it, more power (and money) to you.
I wouldn't argue that an E63 isn't a fire breather. However, the entire focus on Horse's stable misses the point of this thread. The irony is Horse, here, arguing for his upper crust, limited production performance Sedan. That was exactly where I came from, and not just one of those performance cars, but as TJ indicated...many of them. I used to be the guy wondering how people drove the clown cars...then it became clear when I realized the uselessness of the high performance type of car as a daily driver. Give me something I don't have to worry about, is super efficient and reliable and inexpensive (enough). I've got all the other stuff in our inventory that are on par with the performance level Horse is operating in, but this Volt thing is an experiment that is quite satisfying. I'm surprised and plenty satisfied.
Horse, I'm pretty confident that if you knew me well you'd think different of my message here and of yours towards me. The money/ image game isn't really the right one. I understand not appreciating the general intent, but your words are missing one critical point: I chose to try the Volt. No one cross shops a Volt with a 2012 CTS-V, CLK63 Black Series, or a C4S, but I did. I came up with the Volt...as it sits next to a few other things with HP wherever it's housed for the night. It just changes my options, really...when I've got near $7K in fuel money free.
Oh, and it's alot easier to 179 deduct a Volt then write a $1600 lease payment. $40K for a car for 2 years? NO thanks...not even if I made triple my income...we tend to abhor expense in our company and that's well beyond the pain level for one car.
That being said, I haven't put a drop of fuel in over 800 miles, which leaves alot of extra money for tapestry pants.