Land Rover Tax Advantage

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DID YOU KNOW WHEN YOU BUY A LANDROVER FOR YOUR BUSINESS YOU MAY BE ELIGIBLE FOR GOOD-SIZED TAX ADVANTAGE?

Whether you’re driving across town on icy roads for a lunch meeting or heading up a snowy mountain to a ski resort for your annual retreat, you love how safe you feel driving a new Land Rover for business outings.

And right now you can take advantage of an accelerated tax depreciation schedule to help increase your bottom line thanks to the fact that you are driving a Land Rover.

It’s all because the Range Rover, Range Rover Sport, Land Rover Defender 90, Land Rover Defender 110, and Land Rover Discovery have Gross Vehicle Weight Ratings (GVWR) greater than 6,000** pounds. That means they can be fully depreciated in the first year of ownership when used for business 100% of the time.

You save money and can put your dollars toward the things that matter most in your life.

Below are some comparisons that show the tax depreciation advantages for business owners like you when you purchase one of the above models before December 31, 2021. Be sure to consult your accountant or tax advisor to make sure this offer works for you and your particular work situation.

Range Rover Riverside CA

$93,800 RANGE ROVER‡ VS. $93,800 LUXURY CAR

Total allowable depreciation for the 1st year of ownership†


RANGE ROVER

100%

DEPRECIATION

$93,800

VS

LUXURY CAR

20%

DEPRECIATION

$18,200

 

 

 

 

VIEW RANGE ROVER INVENTORY

Range Rover Sport Safety Riverside CA

$70,900 RANGE ROVER SPORT‡ VS. $70,900 LUXURY CAR

Total allowable depreciation for the 1st year of ownership†


RANGE ROVER SPORT¹

100%

DEPRECIATION

$70,900

VS

LUXURY CAR

26%

DEPRECIATION

$18,200

 

 

 

 

VIEW RANGE ROVER SPORT INVENTORY

$55,000 LAND ROVER DISCOVERY‡ VS. $55,000 LUXURY CAR

Total allowable depreciation for the 1st year of ownership†


LAND ROVER DISCOVERY

100%

DEPRECIATION

$70,900

VS

LUXURY CAR

32%

DEPRECIATION

$17,180

 

 

 

 

VIEW LAND ROVER DISCOVERY INVENTORY


$48,700 LAND ROVER DEFENDER 90‡ VS. $48,700 LUXURY CAR

Total allowable depreciation for the 1st year of ownership†


LAND ROVER DEFENDER 90

100%

DEPRECIATION

$48,700

VS

LUXURY CAR

33%

DEPRECIATION

$18,200

 

 

VIEW LAND ROVER DEFENDER 90 INVENTORY

 

* 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 50% or greater business use and place vehicles in service by December 31, 2019.

1. Range Rover depreciation can continue at $3,398 in Year Five, and $1,699 in Year Six, at which point it is fully depreciated.

 2. Luxury car depreciation can continue at $1,875 per year for each succeeding year until the vehicle is fully depreciated or sold.

 3. Range Rover Sport depreciation can continue at $2,246 in Year Five, and $1,123 in Year Six, at which point it is fully

 depreciated.

 4. Land Rover Discovery depreciation can continue at $1,440 in Year Five, and $720 in Year Six, at which point it is fully depreciated.