Why does the G wagon weigh so much?
Here’s the secret: it’s for tax deductions. If you drive a gross vehicle weight rating of more than 6,000 pounds, you qualify for the section 179 rule in the irs tax code, which allows you to write off the vehicle as a business expense. Your g-wagon must also meet other requirements to qualify for tax relief, including having a gross vehicle weight rating of over 6,000 pounds. G-wagon tax write-offs don’t just include the vehicle’s purchase price — they can also cover fuel, repairs, and maintenance.
Why do rich people buy the G-Wagon?
Gray shirt Quadri replies, The real reason is because the IRS has a special tax code called Section 179 which allows people to write off the entire purchase price of the vehicle on their taxes. If it is used for business. When using Section 179 to write off luxury vehicles, you can potentially claim the entire purchase (or lease) price of the car in question during its first year in service for your business. The deduction is capped at $1.