....depending on your individual tax situation and your life situation this may be true, BUT not everyone will take a butt kickin' when they sell their unite.....there are ways to minimize your losses ,tax wise, and of course, insurance wise, because as all well know if the damn thing should catch fire out in the middle of nowhere.......the insurance company will just write a big fat check-'specially if you have an agreed ammount on the vehicle....and it's a real bad fire that burned the thing all the way to the ground.....I recall this happening when the last gasoline crunch happened in Cincinnati in about '93??? whereas a lot of minorities with leased/new vehicles just drove them to the side of the road and lit them up.....if the insurance company could not prove arson they paid it off.....though there is a certain ammount of risk involved inthis one option along with selling, donation,or just walking away form it and using it as a write off.....depreciating it over many years is also an option if you have it in a business inventory......geof[Not seggesting any one do anything illegal]
