Purchasing another s550
Arctic is the older white that was used until a couple of years ago. It's a bit bluer than Alabaster, but these are very subtle differences. A salesman joked that they went back to Arctic because none of the salesmen could spell Alabaster.
I'll bet a lot of salespeople misspell arctic, too.
I have one very important question to ask. I have owned many cars, but have never leased one under my business name. I was wondering if you guys recommend that. I will probably purchase it under my small jewelry business. Is their anything i should be worried about. All my friends laugh at me because i usually take large risks, but have never done this. If anyone has an advice on if i should or should not lease it under my business name, let me know. I do not like to be oditted because it puts a lot of stress and work on my shoulders. Some accountants are telling me that if i lease the car under the business name, i will be oditted. Let me know. Thanks....
I have one very important question to ask. I have owned many cars, but have never leased one under my business name. I was wondering if you guys recommend that. I will probably purchase it under my small jewelry business. Is their anything i should be worried about. All my friends laugh at me because i usually take large risks, but have never done this. If anyone has an advice on if i should or should not lease it under my business name, let me know. I do not like to be oditted because it puts a lot of stress and work on my shoulders. Some accountants are telling me that if i lease the car under the business name, i will be oditted. Let me know. Thanks....
I don't think leasing a car through your business will trigger an automatic audit, either for the person or for the business. Otherwise there will be a lot less automotive lease business out there.
My brother used to lease his car through his business and just recently changed due to licensing (business in NYC, lives in NJ - car had to have NY tag which means Manhattan insurance even though he drives on a NJ DL).
I've always leased my car personally (same licensing and insurance considerations) but my company pays my monthly lease payments and my accountant makes sure that I account this as a taxable benefit so I do pay tax on it, albeit not grossly out of proportion with the benefit.
Either way, as long as you keep it all above board, it shouldn't be a problem.
But my car, which was built just last week, has night assist.
In fact, I didn't even want it. But my dealer talked me into at least trying it since it's so hard for them to get cars with this feature. The car he traded for in the production schedule already had night assist scheduled.
The Best of Mercedes & AMG
I don't think leasing a car through your business will trigger an automatic audit, either for the person or for the business. Otherwise there will be a lot less automotive lease business out there.
My brother used to lease his car through his business and just recently changed due to licensing (business in NYC, lives in NJ - car had to have NY tag which means Manhattan insurance even though he drives on a NJ DL).
I've always leased my car personally (same licensing and insurance considerations) but my company pays my monthly lease payments and my accountant makes sure that I account this as a taxable benefit so I do pay tax on it, albeit not grossly out of proportion with the benefit.
Either way, as long as you keep it all above board, it shouldn't be a problem.
Alright, thanks for the advice.



