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 all new Range Rover, Range Rover Sport and LR4 models have a Gross Vehicle Weight Rating (GVWR)** of over 6,000 pounds, they qualify for an accelerated tax depreciation schedule. When they are used for business, they can be depreciated at a faster rate than luxury cars.
The following tax depreciation comparisons are designed for business owners who purchase a new Range Rover, Range Rover Sport or LR4 before December 31, 2009, and use their vehicles 100 percent for business. Your tax advisor can help you determine what kind of impact this information could have on your individual business situation.*
* Individual tax situations may vary. The information in this brochure was accurate at the time of printing. 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.
Please call Land Rover Charlotte on 1(800)315-8195 for a brochure and additional details