What you should know about using your car for business

Whether you are an entrepreneur or the owner of a large company there are a few things you should know about using a vehicle for business.   Besides insuring the car, you have been trying to find ways to get money back on your taxes. Have you been trying to write off 100% of your leased vehicle, only to find that you can deduct a percentage and not the whole enchilada? Nonetheless, we thought we would give you some hints on some things you should know when using a car for business.

 

So you just purchased a pickup truck for your landscaping business.  The first thing you will want to do is to call two very important people.  First call your Tax Preparer or accountant then call your Insurance agent.  You will want to check with your agent for the following:

1.    If you should take out a higher liability insurance.

2.    If you should have a commercial policy and what is the difference between that and higher liability.

3.    If you have employees driving your vehicle should you carry a special policy for them? Who is covered?

Now that we have figured out what to ask the insurance agent, what do we ask the accountant? 

The accountant will tell you to keep a log of everything.  This would be perfect if you had a GPS that logged your every move, but that’s just not practical.   You also have to be realistic about using the vehicle for personal use as well as business use. 

To determine the business-use percentage for a mixed-use vehicle, divide the business miles by the total miles driven, for example, 7,000 (business miles)/10,000 (total miles) = .70, or 70 percent.

If this doesn’t work then on January 1^st in big red letters on your log sheet or calendar write odometer and then write the mileage. After you have logged that then write in big red letters odometer to remind yourself when you need to re-log the mileage.  This beats the heck out of keeping a log every time you make a trip to the office supply store. 

These are just a few areas to consider when using your car for business.  With the right accountant or tax prep person and a good insurance agent your company vehicle should be ready to go to work, with you behind the wheel! 

Read this weeks blog and learn what the people at Sirius XM radio are up to now.

Those folks at Sirius XM are going after some real serious business.  The company has been in business for close to a decade and reaches close to 4 million square miles across the U.S.  They have a record revenue of $897 million dollars in sales.  This company is expecting to add another 1.6 million listeners to their 24.4 million listeners by the end of this year.  Not only are they dialed in to countless vehicles, they are also able to go 200 miles offshore making it great for boating and use in airplanes.  Sirius XM looks to complete its projected goals for getting more involved with the auto industry.

Sirius XM has been working on an infotainment platform. Entertainment with Sirius includes a large, more tailored footprint for their listeners.  Such as sports channels, comedy, and talk shows, live and full of rich content that local radio may not have. However, their focus is to add Infotainment, meaning they will have the ability to be more like OnStar and provide listeners with weather updates, provide roadside assistance, and deliver traffic updates along with the choice of entertainment. 

Sirius is targeting more auto companies to add this as temporary feature that can be subscribed after a 90-day trial.

To find out more about Sirius XM and other features included in your vehicle please contact us at West Palm Beach Kia (888) 256-5392.

Weird driving laws that make ya go "hmmmmmm".

Have you ever been pulled over when traveling in another state for something that was completely ludicrous?  As motorists we take for granted that the laws in all states are the same when it comes to driving. After doing some research we’ve found that there is a difference in some of these rights. We also found that not all laws are created equal and  some are downright strange.  However, It’s good for you to be aware that the states you possibly travel in have some interesting laws. Other than giving you a chuckle this might even prevent you from getting a penalty. This week our marketing at West Palm Beach Kia wanted to share some of these laws with you.  

• You can’t leave your keys in your vehicle in Minnetonka, Minnesota. Minnetonka City Ordinance 930.070 states that a person must stop the engine and remove all ignition keys from the vehicle.  So if you’re keys drop out of your pocket, you could face a fine.  
• Make sure that you don’t tie up your dog to the back of your truck in the state of California.  California VC Section 23117 Carrying an animal in truck.  The law only allows cross tethering along with a bunch of other perimeters when riding around in the back.
• Next time you’re vacationing in Hawaii avoid using your horn.  Section 15-19.27 of the Revised Ordinances of Honolulu specifically says, “The driver of a motor vehicle shall, when reasonably necessary to ensure safe operation, give audible warning with his or her horn; but shall not otherwise use such horn when upon a highway.” 
• Utah Motor traffic code 41-6a-804. states that you must signal continuously for 2 seconds before making a turn.  In some states that could be equivalent to an enormous amount of fines. 
• In Colorado your truck would be required to have Mud Flaps. Flaps must be installed and functioning at all times. Torn or damaged flaps must be replaced at the first reasonable and safe opportunity to exit the road.

As silly as these laws may seem, they along with many others should be known when traveling outside of your average driving area.  Any questions that you may have can be directed to DMV.org or contact the state you will be traveling in to be sure you know of the “not so usual” laws and regulations.  

If you have a question regarding your other travel needs please feel free to contact us at 888-256-5392.

Keep your car clean without washing away your finish

Guess what West Palm Beach? It's spring cleaning time and the experts at West Palm Beach Kia wanted to share with you what to do and not do when getting your car washed. Read on to learn more. 

Let’s face it, you spend a lot of money on purchasing a vehicle so don’t let a car wash ruin your investment.   In this weeks blog we discuss some hot tips that can help keep your car looking it’s best,  and can help prevent dangerous situations.  Let’s start by discussing your privacy, something many people overlook when getting their car detailed or washed. 

You should never leave change out for someone to be tempted. This may also prevent break ins.  Lock up your personal info. A car registration has your address on it. Take precaution when working with strangers. Yelp is a valuable resource if you need to research a car wash. After time the people that work at the car wash may get to know you and trust will be built by how often you take it there. 

Frequency of washing your car depends on a few factors.  If you are in a state that the roads are salted or parking under trees with a lot of birds you may want to wash the car once a week.  However, if the car is parked in a garage, or rarely gets dirty once a month is sufficient. 

Now we’ve talked about how often, let’s talk about what a good car wash looks like. 

A good car wash is one that uses cloth instead of brushes that can leave scratches.Once the clear coat is damaged the entire car needs to be repainted. All new vehicles have a clear coat finish. 

Make sure they are using fresh, clean towels when they wipe down the car after the wash is over.  Towels that are being reused are often like sandpaper due to the dirt that was on the previous vehicle. 

Don’t be fooled by getting talked into the extras.  For the amount of a bottle of Armor All, you will be saving more than if you opt to getting the attendant to spray your tires. 

Don’t forget to get the underbody done.  This will help your car to perform better and can really make a difference in the longevity of the vehicle being free from rust and salt. 

Stay away from harsh chemicals that can cause damage if you’re a DIY kinda person.  A friend of mine used dishwashing liquid on his black car and on a hot summer day. The car was damaged permanently with swirl marks. When he traded his car in he got 20% less value because of the cars finish. 

That’s it for this week, but if you would like to find a reputable car wash in your area feel free to contact us.  We will also appraise your car free of charge if you’re curious about trading it in. Call us at (888) 256-5392

How Radar Detectors Work

Picture this scenario:  You’re cruising down the highway with your family, enjoying the lush greenery surrounding the open road.  A game of eye-spy is heating up as you look around the landscape, trying to find a spot of yellow your daughter has found on the road trip.  Before you know it, you spot a state trooper, his badge reflecting off the afternoon sun, and a radar gun pointed directly at your vehicle.  You panic, looking down at your speedometer; that’s when you realize you’re doing a couple miles over the speed limit.  Your hands clam up and before you know it, POOF! You’re being pulled over. 

So, how exactly do these radar guns work? Well, “Radar” is an abbreviation for Radio Detection and Ranging.  Speed Trak Police Radar can be found in almost every police vehicle.  It’s estimated that 20 million speeding citations are issued annually and that police radars are used in 13 million of these cases. 

Radar Guns send out a signal of radio waves at specific frequencies in a specific direction.  Then, those waves bounce off objects, including vehicles, and return to the radar gun’s receiving station.  When the waves reflect off a moving vehicle, a measurable frequency shift, called Doppler Shift, occurs.

So, police radar guns perceive a vehicle by transmitting a pulse that reaches the target and then comes back to the observer.  What ensues is the Doppler Effect, in which the frequency of the pulse is compared to the frequency of the reflection and speed is calculated using the difference.

And…that’s how it’s done!  Had any crazy radar gun experiences?  Feel free to comment