"Gould 0738" wrote in message
...
Do I understand this statement correctly ... that there is a tax
incentive to purchase a Hummer?

There is, or very recently was, a tax write off for vehicles above a
certain
GVW purchased by businesses. I think it was 7000 pounds. The auto industry
says
that the most significant impact of the law was a huge increase in the
number
of people buying the largest SUV's for use as executive vehicles.

An owner of an S-Corp who bought a $100,000 Hummer in 2003 and 2004 could
deduct every penny of it...effectively saving himself in the neighborhood of
$30,000 in taxes. He/she could essentially buy a large SUV for 70 cents on
the dollar.