Section 179 Tax Exemption

 
Section 179 of the IRS tax code allows businesses to deduct the price of qualifying equipment, such as vehicles, purchased or financed during the tax year. The Land Rover lineup is an ideal addition to your business, and thanks to Section 179, you may qualify for a sizeable tax write-off on many of our models including the Range Rover, Range Rover Sport, and Land Rover Discovery. 

 2019 Tax Year
 
Section 179 Overall Limit.....................................................$1,000,000
 Section 179 Limit For SUV's.................................................$25,000
 Bonus Depreciation.............................................................100%
 Additional 280f Depreciation (first year depreciation).........N/A
 Qualifying Vehicles..............................................................Both New & Used
 Sales Price...........................................................................$80,000
 Section 179 Deduction.......................................................$25,000
 Bonus Depreciation ...........................................................$55,000
 Total Depreciation...............................................................$80,000
 Total Depreciation (% of purchase price)............................100.00%
 
*Consult your tax advisor for specifics. Program ONLY valid on vehicles above 6,000lbs but not more than 14,000 lbs for business use.