Brett Hedrick
๐ค SpeakerAppearances Over Time
Podcast Appearances
Silverado is the most popular.
Silverado is the most popular.
You know, it is the number one selling vehicle.
You know, it is the number one selling vehicle.
I think what we're going to see is as people get their taxes done, their 25 taxes done this year, we're going to start seeing different questions come up because the accountants are going to say, did you buy a vehicle this year?
I think what we're going to see is as people get their taxes done, their 25 taxes done this year, we're going to start seeing different questions come up because the accountants are going to say, did you buy a vehicle this year?
And we did a quick analysis, okay, what would be the after-tax cash benefit, right?
And we did a quick analysis, okay, what would be the after-tax cash benefit, right?
If you look at the standard vehicle price, standard loan, assuming a 20% down payment, that translates to anywhere from, you know, a $200 or $300 tax cut for your lower income taxpayers.
If you look at the standard vehicle price, standard loan, assuming a 20% down payment, that translates to anywhere from, you know, a $200 or $300 tax cut for your lower income taxpayers.
I don't think that the industry expects it to be a market mover in and of itself.
I don't think that the industry expects it to be a market mover in and of itself.
As we calculate the numbers, 30% of vehicles that are sold new in the United States may have consumers that are eligible for some type of this tax deduction.
As we calculate the numbers, 30% of vehicles that are sold new in the United States may have consumers that are eligible for some type of this tax deduction.
That money burns a hole in people's pocket, you know, especially those people that have been holding off.
That money burns a hole in people's pocket, you know, especially those people that have been holding off.
But, you know, you get an extra $2,000, $3,000.
But, you know, you get an extra $2,000, $3,000.
Oh, there's my down payment.
Oh, there's my down payment.