Whether driving to a meeting in challenging road conditions or navigating these unprecedented times, the world is much more appealing from the driver’s seat of a new Range Rover, Defender, or Discovery vehicle.
Take advantage of an accelerated tax depreciation schedule to help increase your company’s bottom line.*
Since the Range Rover, Range Rover Sport, Defender, and Discovery have Gross Vehicle Weight Ratings (GVWR) greater than 6,000** pounds, they may be fully depreciated according to federal and state law when used for business 100% of the time, giving you the freedom to spend on the things that matter most for your business.
Contact Land Rover Oklahoma City at 405-584-6633 for more information and consult your tax advisor to determine how this information can be applied to your individual business situation.
Land Rover Oklahoma City
13010 Broadway Extension Suite B, Oklahoma City, OK 73114
405-584-6633Individual tax situations may vary. The information presented was accurate at time of publishing. Federal rules and tax guidelines are subject to change. Consult your tax advisor for complete details on rules applicable to your business.
* Comparisons based on Section 179 and 168(k) of the Internal Revenue Code, which allows for additional first year depreciation for eligible vehicles and reflects figures for owners who purchase vehicles for 100 percent business use and place vehicles in service by December 31, 2018.
1. Land Rover Discovery, Range Rover Sport and Range Rover vehicles shown fully depreciate in Year One.
2. Luxury car depreciation can continue year two at $16,000, year three at $9,600, year four at $5,760 and $1,875 per year for each succeeding year until the vehicle is fully depreciated or sold.
** With Gross Vehicle Weight Ratings (GVWR) of more than 6,000 pounds, these Land
Rover models are classified as “heavy SUVs.” Gross Vehicle Weight Rating (GVWR) is the
manufacturer’s rating of the vehicle’s maximum weight when fully loaded with people and cargo.
† Comparisons based on Section 179 and 168(k) of the Internal Revenue Code, which allows for additional first year depreciation for eligible vehicles and reflects figures for owners who purchase vehicles for 100 percent business use and place vehicles in service by December 31, 2018.
© 2018 Jaguar Land Rover North America, LLC.
