One test-drive and you'll quickly appreciate the Command Driving Position and renowned capabilities of the Range Rover, Range Rover Sport and Land rover LR4. Land Rover ownership can also help increase your business's bottom line — when used predominantly for business, these premium luxury vehicles qualify for an accelerated tax depreciation schedule.
Because Range Rover, Range Rover Sport and Land Rover LR4 have Gross Vehicle Weight Ratings greater than 6,000 pounds, they can be depreciated up to 60 percent in the first year, and fully depreciated in 6 years. that's a significant advantage compared to similarly priced luxury cars.
These comparisons illustrate the tax depreciation advantages for business owners who purchase a new Range Rover, Range Rover Sport of LR4. Please consult your tax advisor on how this information can be applied to your individual business situation.
*Individual 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. The information in this ad does not constitute tax advice.
**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. © 2015 Jaguar Land Rover North America, LLC.
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