1–5 April 2009 – Techno Classica in Essen:
Mercedes-Benz will have a large stand at the world’s largest classic car show. Traditionally the show brings together a great many classic cars under a common theme.
April 1909 – 100 years ago:
Daimler-Motoren-Gesellschaft finished building the sleeve-valve engine, based on the principle developed by the American Charles J. Knight. The first copy of a prototype series was produced on 23 June 1909.
Other notable events: Continue reading
Those who buy a new passenger car this year may be able to deduct state and local sales and excise taxes on the purchase in their 2009 tax returns next year, the Internal Revenue Service said Monday.
The deduction is limited to the state and local sales and excise taxes paid on up to $49,500 of the purchase price of a qualified new car, light truck, motor home or motorcycle. The amount of the deduction is phased out for taxpayers whose modified adjusted gross income is between $125,000 and $135,000 for individual filers and between $250,000 and $260,000 for joint filers.
The IRS also said the vehicle must be purchased after Feb. 16, 2009, and before Jan. 1, 2010, to qualify for the deduction.
The special deduction is available regardless of whether a taxpayer itemizes deductions on their return.
The deduction may not be taken on 2008 tax returns.
Adam
The following are a few key points regarding the Tax credit. Continue reading
1.9% Financing on all new vehicles except C63, E550 4matic, Sl65 Black series, G550, and G55.
CPO Rates starting at 1.99%
Mercedes-Benz Finance will make your first 2 payments if financed through MBF (see store for details).
RBM-North is also offering Free Oil changes for life on all new vehicles sold.
Adam Denault
www.mybenzguy.com
Some promotions may not be available in all areas. Please see store for details.
I know there has been a big push to find alternate fuel sources for vehicles in the last couple of years. Ethanol or E85 seems to have risen to the top. Look at GM and you see a lot of “Flex Fuel” vehicles in their line up. While ethanol maybe a fuel alternative, it is not as energy efficient as gasoline. You ask, what does this mean to me? Let me explain.
