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If you’re a business owner looking to make a smart investment before the year ends, Land Rover North Haven invites you to explore the potential tax advantages available through IRS Sections 179 and 168(k). These programs may allow qualifying businesses to deduct a portion of the purchase price of eligible vehicles, making this the perfect time to consider adding a new Range Rover, Defender, or Discovery vehicle to your fleet.
Section 179 of the IRS tax code allows businesses to deduct the cost of qualifying equipment including vehicles purchased or financed during the tax year. The IRS groups qualifying vehicles into Light, Heavy, and Other categories based on their Gross Vehicle Weight Rating (GVWR).
Many Land Rover SUVs meet the definition of a “Heavy” vehicle, with a GVWR over 6,000 pounds and not more than 14,000 pounds. Qualifying models may include:
For the 2025 tax year, businesses may be able to claim up to $31,300 in first-year depreciation for qualifying “Heavy” vehicles that are purchased and placed in service before January 1,2026. To qualify you must meet the following:
**Note: Individual tax situations may vary. Please consult your tax advisor for complete details on rules applicable to your business.
Qualifying vehicles may also benefit from Section 168(k), which allows for additional “Bonus Depreciation.” For 2025, businesses may be eligible for 60% bonus depreciation on the purchase price of qualifying Land Rover models. When combined with the Section 179 deduction, this can result in significant first-year tax savings.
| Depreciation Example | “Heavy” Section 179 | “Light” Section 179 |
|---|---|---|
| 2025 IRS Section 179 Maximum 1st Year Depreciation | $31,300 | $12,400 |
| Section 168(k) Bonus Depreciation | 60% of Purchase Price | Capped at $8,000 for Luxury Vehicles |
| Qualifying Vehicles | New & Used | New & Used |
| Example Vehicle | Range Rover Sport | Competitor Luxury Sedan |
| Purchase Price | $90,525 | $90,525 |
| First Year Section 179 Maximum Depreciation | $31,300 | $12,400 |
| First Year Section 168(k) Bonus Depreciation | $54,315 | Capped at $8,000 |
| Total 1st Year Depreciation | $84,815 | $20,400 |
| Additional 1st Year Depreciation for “Heavy” Section 179 Vehicles | $64,415 | – |
At Land Rover North Haven, we understand that business owners value both performance and practicality. Our team can help you explore which Land Rover models align with your company’s needs and which may qualify under the current IRS guidelines.
We’ll connect you with models that deliver the premium capability your business deserves while helping you make the most of potential year-end tax advantages.