Business Tax Advantages to Land Rover Ownership
Tax Depreciation on Land Rover & Range Rover Models
A great addition with greater deductions, ANNOUNCING TAX DEPRECIATION ON
SELECT LAND ROVER AND RANGE ROVER MODELS.
Edited by JOSEPH V. KUCA
With tax season behind us, perhaps now would be an excellent time to consider the business purchase or lease of a Land Rover or Range Rover. It might be of benefit to your bottom line next tax season.
Land Rover and Range Rover vehicles have the exclusivity, capability and performance to make any business owner proud. And with their new tax deduction advantages, owning one can be just as rewarding to your bottom line as to your business.*
Since the Land Rover LR4, Range Rover Sport and Range Rover each have a Gross Vehicle Weight Rating (GVWR)** of between 6,000 and 14,000 lbs, they qualify for an accelerated tax depreciation schedule. When used for business over 50% of the time, they can even be depreciated at a faster rate than other luxury vehicles.
Contact your tax advisor today for full details and information on purchasing a Land Rover or Range Rover vehicle for your business and to explore the possible tax benefits you might expect.
To explore the opportunity further, perhaps NOW would be a good time to schedule a test drive?
Simply fill-out the form below and a Land Rover Monmouth Sales Guide will arrange it!
*Individual tax situations may vary. The above information was accurate at the time of publishing. Federal rules and tax guidelines are subject to change. Consult your tax advisor for complete details on rules applicable to your transaction.
**Gross Vehicle Weight Rating (GVWR) is the manufacturer's rating of the vehicle's maximum weight when fully loaded with people and cargo.