Swope Toyota

CONSUMER AUTO INCENTIVE INCLUDED IN FINAL STIMULUS BILL
“AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009”

President Obama signed the American Recovery and Reinvestment Act of 2009. On February 13, the House approved the bill by a vote of 246-183 and the Senate passed the package by a vote of 60-38.

What Taxes are Deductible? ¹
• State Motor Vehicle Sales
• Local Motor Vehicle Sales
• Motor Vehicle Excise Taxes

What Customers Qualify for the Deduction?
• Individual customers with modified adjusted gross income of less than $125,000 or joint-filers making less than $250,000 a year in 2009 would qualify for the deduction.
• Deductible as an “above the line” (for itemizers and non-itemizers) deduction on federal tax return.

Effective Date
• New vehicle purchases shall apply to purchases on or after the date of enactment (February 17, 2009) until December 31, 2009.

What New Vehicles Qualify for the Deduction?
• Any new vehicle not more than 8,500 pounds gross vehicle weight.
• New vehicles of any model year – when the original use commences with the taxpayer.
• Any vehicle sold for under $49,500 qualifies for the full deduction. Consumers may deduct sales taxes on the first $49,500 of any vehicle sold above this price.

THIS IS A GENERALIZED SUMMARY. Tax savings will depend on one’s individual tax rate. For more specific information on eligible customers, taxes and applicability, dealers are encouraged to consult with an accountant or tax professional.

¹ “For purposes of this section, the term ‘qualified motor vehicle taxes’ means any state or local sales or excise tax imposed on the purchase of a qualified motor vehicle.”

Nineteen sixty-seven. It was the summer of love and a time of war. President Lyndon Johnson led the country, and a new rock trio, the Jimi Hendrix Experience, filled the airwaves. General Motors enjoyed about 50 percent of the American Market while Toyota had less than 0.5 percent share with just over 600 dealerships ...

Click Here or Below on the Picture to see the entire article from the November / December 2007 Issue from Toyota Today about the Swope Family.

You may need to download Adobe Acrobat Reader to view the PDF file. It can be downloaded for free here.

 

Friday, June 27
We hosted our annual event featuring the music of Lincoln Jamboree; known as Kentucky's #1 country music showplace!
We had a huge turn out and we wanted to share some of the video footage from this event! Below is a clip of Bill Swope giving the opening introductions.

We have something special here at Swope Toyota, our very own Internet Sales Manager Greg Peel is now a published author.

Below was taken from The News Enterprise:





Both dark and poignant

By BECCA OWSLEY
bowsley@thenewsenterprise.com


EASTVIEW — Greg Peel, an
Eastview resident, recently published
“Silent Roads,” a book of poetry.
Publish America describes the book
as “a collection of poetry that is both
dark and poignant, yet leaves the reader
with hope.”
“My book is about life — the love
and the pain, the sorrow and the joy,”
Peel said.
He describes life as a journey to enjoy
and learn from, rather than a destination.
“Grab the good things as they come
our way and and learn to overcome the
tough times,” Peel said.
The title poem is seen through the
eyes of a couple, who, after living a
long and rocky life, realize they have
lost the fire in their relationship. After
reflecting on their lives, they rediscover
the love they lost along the way.
“We yearn to be happy, free of hard
times,” Peel said. “It’s the tough times
that define us, its the tough times that
make us who we are.”
Peel, originally from Texas, now
lives in Eastview with his wife, Pamela;
their three children, Deanna, Brian and
Pamela; and his grandson, Austin.
Barnes and Noble will host a book
signing from 2 to 8 p.m. on Sept. 20.
“Silent Roads” can be purchased online
through most bookstore Web sites.
Peel didn’t choose to be a writer, he
said writing chose him instead.
“I can remember as a young man
sitting alone in the dark with clinched
fists trying to release this voice that was
gnawing away at my insides,” he said.
“I wrote out of instinct, for my very survival
— it’s my therapy.”


Becca Owsley can be reached at (270) 505-1741.

April 26 & 27 will be the weekend that top racers from all over the region will descend upon the Youngers Creek trail system for three events in two days as they compete for cash, prizes and points in the Kentucky Point Series! Last year was a huge success as we had over 100 riders from 6 states! Make sure you come out and enjoy the festivities!

Donations of time, money and prizes were made by many folks but some of the key contributors include Central Kentucky Wheelmen, Kentucky Mountain Bike Association, Swope Toyota, Black Book and last but not least Toyota United Pro Cycling Team. 

Welcome to our dealership located in the heart of world famous Elizabethtown, KY. (remember the movie Elizabethtown) It was filmed in our historic town square.