I would love to oblige but I promised my wife I would only use the pic in my avatar. Sorry.

 

Did somebody say something? ... sorry, I was looking at Rod's avatar. So I am guessing that the beautiful woman in the avatar is your wife?! You are one lucky guy!

 

Kiwi993, nice avatar of your "wife". Also, I am pretty sure that home equity interest is technically only deductible to the extent that it relates to your residence, not other uses. I prorated that non-home related piece off of my interest deductions for this past year.

Any tax experts here?

 

Of course, home equity lines that Im familiar with have an adjustable rate. If things keep going, its possible that the interest rate could be more than a conventional car loan and outstrip tax advantages. With a home equity you also use your house as collateral....

Ive using HE lines for home improvment etc - awesome financial vehicle - but Im trying to reduce the amount I have loaned out cause the variable rates are causing me some heartburn (planning future cash flows etc)...

 

Boxsters are cheaper to fix, body panels are easily R&R. Costs lots more to replace a rear quarter panel on a 993 than a Boxster.

 

yes, that does make sense (the replacment cost of parts).. and it seems the price of replacment parts only goes UP (instead of down) on the 993