Land Rover Tax Advantage
TAX ADVANTAGES
Whether driving to a meeting in challenging road conditions or navigating these unprecedented times, the world is much more appealing from the driver's seat of a new Land Rover vehicle.
Take advantage of an accelerated tax depreciation schedule to help increase your company's bottom line.*
Since the Range Rover, Range Rover Sport, Land Rover Defender 110 and Land Rover Discovery have Gross Vehicle Weight Ratings (GVWR) greater than 6,000** pounds, they can be fully depreciated in the first year of ownership when used for business 100% of the time, giving you the freedom to spend on the things that matter most.
TAX DEPRECIATION COMPARISONS
These comparisons illustrate the tax depreciation advantages for business owners who purchase a new Range Rover, Range Rover Sport, Land Rover Defender 110 or Land Rover Discovery before December 31, 2020.† Please consult your tax advisor to determine how this information can be applied to your individual business situation.
$90,900 Range Rover‡ VS. $90,900 Luxury Car
Total allowable depreciation for the 1st year of ownership†
Range Rover VS. Luxury Car
$68,650 Range Rover Sport‡ VS. $68,650 Luxury Car
Total allowable depreciation for the 1st year of ownership†
Range Rover Sport VS. Luxury Car
Range Rover Sport¹
100%
Depreciation
$68,650
Luxury Car²
26%
Depreciation
$18,100
$52,300 Land Rover Discovery‡ VS. $52,300 Luxury Car
Total allowable depreciation for the 1st year of ownership†
Land Rover Discovery VS. Luxury Car
Land Rover Discovery¹
100%
Depreciation
$52,300
Luxury Car²
32%
Depreciation
$16,860
$49,900 Land Rover Defender 110‡ VS. $49,900 Luxury Car
Total allowable depreciation for the 1st year of ownership†