Donating Your Car – Buying A Used Car Spokane

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Over the years, I’ve had some friends and customers tell me that they were going to donate their car. They were attracted to this idea because of the tax deduction and the ability to help out a charity of their choice. Unfortunately, there’s a lot of bad information out there about donating your car. Donating your car is sometimes a little confusing, like buying a used car Spokane has to offer. A simple internet search can clear up a lot of confusion.

If you’re donating your car for the purposes of a tax deduction, you need to know the math and the rules. The IRS doesn’t make anything easy. Some friends of mine think that you get to write off the book value or fair market value of the auto from estimated taxes owed. For example, if I paid $7,000 in taxes last year and if I donate my car to charity for $4,000, then I only need to pay $3,000 in taxes and I don’t have to go through the hassle of selling my car.

It’s not quite that simple. Let’s say you’re in the 15% tax bracket and you donate your car to a legitimate charity and the fair market value is $1,000. If they sell that car for $1,000, you get $150 off your taxes you owed. That’s 15% of the sale price. As explained in one of the articles I found; if you’re filing under the 940-EZ, you can’t take the deduction because you’re already getting a standard deduction of $5,950. To get the deduction, you’ll have to itemize on a 940 tax form.

At the end of the day, you’re better off selling the car privately or to car dealers in Spokane and then donate that money to your favorite charity.. Also, because of your generosity, you should keep a few bucks and buy yourself a nice lunch for being awesome. You’ve earned it!

I found several sites that explain the ins and outs very well, https://turbotax.intuit.com/tax-tools/tax-tips/Tax-Deductions-and-Credits/How-Do-Tax-Deductions-Work-When-Donating-a-Car-/INF14391.html and https://www.irs.gov/pub/irs-tege/pub4303.pdf

Website http://www.caremporiumusa.com/

From your friend,
Bill Van Dinter
Car Emporium
Spokane

BMW X3: One of the Original Luxury SUV’s

In the late 90’s and early 00’s, the luxury car market was being shaken up by the up and coming luxury SUV. One of the leaders of that charge was BMW with the X5 introduced in 1999. The X5 was such a hit; the smaller BMW X3 came out in 2003. It was introduced in the form of a concept vehicle called the xActivity at the 2003 Detroit Auto Show. The production vehicle wasn’t very different from the concept and it was a big hit as the luxury SUV grew in popularity.

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Designated as the E83, the first generation X3 was based on the E46 3-Series. They all came with the same outstanding drivetrain with the 3.0L I6 and the xDrive all-wheel drive system. This was a great formula to make for a capable SUV with adequate power and driving dynamics you would expect from a BMW. And, you can get them easily as used cars for sale in Spokane WA these days!

 

The X3 was just what the brand needed when wagons were going out of style. BMW has always made quality wagons and they still do today, but SUV’s are abundantly more popular due to their style, ride height, and interior space. The X3 comfortably seats five with plenty of room for cargo. Step inside and there’s no question you’re in a quality, German luxury vehicle.

 

The second generation X3 (F25) came out for the 2011 model year with a refreshed look and production moved to the US. At its core, it’s similar to the first generation E83. It’s practical, stylish, and enjoyable to drive. It’s everything that people love about the BMW brand in the form of an economical SUV.

 

The BMW X3 in any year or any generation has aged gracefully. They’ve held up as sure-footed SUV’s with a brilliant all-wheel drive system that can get through just about any road condition. Since they all have the same kind of engine and they’re all AWD, they’re quite easy to shop for. If you are searching for used cars for sale Spokane, then they can be a really good choice. As a matter of fact, they’re a good bargain on the used market and offer a lot of bang for the buck.

 

Maybe you want an SUV, but you don’t want something boring. Maybe you’ve always loved BMW, but need something bigger and more practical than a sport sedan. Maybe you just can’t resist the distinctly German look and the kidney shaped grille. In any case, the BMW X3 has something for everyone to love. It’s a true driver’s car that isn’t just for the driver. Your passengers will be so comfortable that they’ll be enjoying the drive just as much as you. Website http://www.caremporiumusa.com/

Why People Love Car Emporium

Spokane used car dealers are a dime a dozen. Drivers have countless options for buying used cars in Spokane, but many of them chose Car Emporium for good reasons. Car Emporium offers a unique inventory of interesting cars at an outstanding value. For cars in Spokane that you don’t see every day, Car Emporium is the place to go.

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Our inventory of used imported luxury cars is unmatched among car dealers Spokane has to offer. From unique offerings from BMW and Mercedes-Benz to classic Volkswagens and modern Lexuses, Car Emporium has something for everybody who’s looking for something a little different. We even have a selection of American sports cars for the patriotic enthusiast. Do you prefer riding in quiet, refined, luxury, or a high-performance, spirited drive? Are your tastes somewhere in between? Whatever you’re into, Car Emporium is your best choice for cars for sale in Spokane.

 

It’s not just our inventory that attracts people to Car Emporium. We’re proudly one of the most military-friendly used car dealers in Spokane. Our founder Bill Van Dinter served in the Navy and brought his military character and values with him when he started Car Emporium. That’s why we offer generous military discounts and USAA discounts for our customers.

 

At Car Emporium, you can buy with confidence. All of the used cars Spokane gives us goes through a careful inspection by our service department before going on the lot. We fix what’s broken and get the car in tip top shape to ensure we’re selling the best quality cars we can. There’s a reason we have a 100% rating on eBay. Car Emporium is one of the most trusted Spokane car dealers you can find.

 

Need help with financing? Our finance department can help you find a way to get into the car of your dreams. We want to make sure your experience with us is stress-free and our financing is a big part of that. We find ways to keep money in your pocket and a smile on your face.

 

So what are you waiting for? Stop by Car Emporium today and find a unique, fun car at a great value!

 

Website – http://www.caremporiumusa.com/

What Kind of Car Should I Buy?

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With so many different options on the automotive market, it can make your head spin when you’re trying to shop for a car. So many different shapes and sizes of cars and trucks with features that you never knew you needed. Manufacturers and dealers will try to make certain cars sound good with jargon and numbers that sound impressive even though most of us don’t know what they mean. Let’s take a look at which cars a best for which lifestyles.

I just need a commuter.

If you just need a car to get you from A to B, you can get by just fine with a midsize sedan. This is a very competitive segment; the best selling cars in the US are midsize sedans. A few examples are the Ford Fusion, Chevy Malibu, Toyota Camry, and Honda Accord. These are humble people-movers that can get you where you need to go with minimal fuss. Modern sedans can be well appointed with features you’d expect to find in higher end luxury cars. Consider what you want, what you need, and do some shopping around.

 

If MPG is a priority, consider a compact hatchback like a Ford Focus or a Subaru Impreza. Hatchbacks are small but mighty with generous cargo space and longer trips without fueling up. These usually have the modesty and reliability of bigger sedans, but have a lower cost to buy and own. If you’re looking for little more pep, there are a few “hot hatches” out there with a bit more aggressive styling and more juice under the hood. These little rockets include the Ford Focus ST, Volkswagen GTI, and Masdaspeed 3.

I have a big family to haul around.

As painful as it might be to hear, if you have three to five children, a minivan is your best option. Many parents dismiss the minivan because they think they’re too cool to be seen in one. I hate to break it to you, but if you have that many kids, you’re probably not that cool anymore! I have a daughter of my own and when my wife and I have a few more I’ll gladly drive around a minivan to comfortably and safely move my precious cargo around. Everyone who has a minivan loves their spacious interiors and overall family friendly design.

 

If you just can’t make the minivan leap or don’t need that much space, there are more options. SUV’s and crossovers are more abundant than ever with two or three rows of seats available. Crossovers are a jack of all trades with the efficiency of a sedan, the seats of a minivan (almost), and the cargo space of an SUV. Just about every brand has at least one crossover to offer, some of the most popular being the Jeep Cherokee, Mazda CX-5, and the Chevy Equinox.

 

Need to haul the whole family and all of their stuff and the boat behind you? Sounds like you need an old fashioned SUV. While crossovers are taking over the market, there are still truck-based SUV’s like the ones that exploded in popularity back in the nineties. Check out the Chevy Suburban, Ford Expedition, or Nissan Armada to name a few. Speaking of trucks, pickup trucks are more versatile than ever. Five seat cabins are becoming more common on pickups if you’re looking to do some hauling and towing with a few extra passengers. The holy trinity of American trucks; Silverado, F-Series, and Ram are always worth a look to get the job done.

 

I need something fun!

So you already have something in the garage that reports for duty as a daily driver, but you have an itch that it just can’t scratch. Maybe you’re single and your top automotive priorities are style and performance. If you can afford it, treat yourself to a fun car!

 

Some of the most popular performance cars are “pony” cars. Pony cars got their name when the Ford Mustang shook the car industry back in the 1960’s. A pony car is basically a four door, rear wheel drive sports car. The two hot competitors in this segment are obviously the Mustang and the Chevy Camaro. Two versions of the same idea, both can be had with an efficient turbocharged four cylinder engine, a big, powerful V8, or you can split the difference with a punchy V6. Since they do have back seats, pony cars offer a measure of practicality. It is possible to have one of these as your only car as long as you don’t need a lot of room for cargo and passengers. It helps if you live in a climate where rear wheel drive is easy to live with. No snow, no problem. Speaking of climates, the Camaro and Mustang both have convertible options if you’re looking for some wind in your face. While they get a lot of attention for their gorgeous aesthetics and respectable performance, one of the best things about these cars is they are reliable and easy to maintain.

 

If you’re looking to get a little more serious, there are plenty of hardcore sports cars that have more power than you’ll know what to do with. From the value proposition Chevy Corvette to expensive, exotic imports like Ferraris and Lamborghinis, these cars can help you throw practicality to the wind and enjoy the driving experience to the fullest. Porsche actually offers sports cars in a wider price range than you might think, they could be worth a look if you want a luxurious, sporty drive.

No matter what you’re looking for, make sure to shop around! Figure out what you like, and just as importantly, what you don’t like. Narrow it down, take a few test drives, and enjoy the ride!

Website – http://www.caremporiumusa.com/