A Great Addition. With Greater Deductions
A Land Rover is a great addition to any business. Not only is it an exclusive vehicle that would make any small business owner proud, but it is also immensely capable and rewarding to drive. And with its tax deduction advantages, it can also be rewarding to your bottom line.*
Since the Range Rover, Range Rover Sport and LR4 models each have a Gross Vehicle Weight Rating (GVWR)** of over 6,000 pounds, they qualify for an accelerated tax depreciation schedule. When used for business, these vehicles can be depreciated at a faster rate than luxury cars.
*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.