TAX ADVANTAGE PROGRAM

November 22nd, 2021 by

Own a Range Rover, Discovery, or Defender

Attention Business Owners! Land Rover Hinsdale is here for all of your business needs. From now until December 31st, take advantage of an accelerated tax depreciation schedule to help increase your company’s bottom line*. Take advantage of great tax savings on the Range Rover, Range Rover Sport, Land Rover Defender 90, Land Rover Defender 110, and the Land Rover Discovery. These vehicles have a Gross Vehicle Weight Ratings (GVWR) greater than 6,000** pounds so they can be fully depreciated in the first year of ownership when used for business 100% of the time. This gives you the freedom to spend on the things that matter most.

Individual tax situations may vary.  Federal rules and tax guidelines are subject to change. Consult your tax adviser for complete details on rules applicable to your business.

**The Range Rover. Range Rover Sport, Land Rover Discovery. Land Rover Defender 90 and Land Rover Defender 110 have gross vehicle weight ratings (GVWR) greater than 6,000 pounds and are classified as heavy SUVs. As such, these vehicles can be fully depreciated in the firs1 year of ownership when used for business 100% of the time. GVWR is the manufacturer’s rating of the vehicle’s maximum weight when fully loaded with people and cargo. See your local authorized Land Rover Retailer for details.

† Comparisons based on Sections 179 and 168(k) of the Internal Revenue Code, which allow for additional first-year depreciation for eligible vehicles and reflect figures for owners who purchase vehicles for 100% business

† Price comparison figures are calculated using the Base Manufacturer’s Suggested Retail Price for the 2022 Range Rover Standard Wheelbase, 2022 Range Rover Sport SE, 2022 land Rover Discovery 2.0L S, 2022 Defender 90 Base and 2022 Defender 110 Base. Price excludes $1,350 destination/handling charge, tax, title, license, and retailer fees, all due at signing, and optional equipment.

Vehicles can be New and Certified Pre-Owned.

  1. Range Rover, Range Rover Sport, Land Rover Discovery, Land Rover Defender 90, and Land Rover Defender 110 are fully depreciated in year one.
  2. Luxury car depreciation can continue year two at $16,400, year three at $9,800, and $5,860 per year for each succeeding year until the vehicle is fully depreciated or sold.
  3. Luxury car depreciation can continue year two at $14,688, year three at $8,813, and $5,288 per year for each succeeding year until the vehicle is fully depreciated or sold.
  4. Luxury car depreciation can continue year two at $13,024, year three at $7,814, and $4,689 per year for each succeeding year until the vehicle is fully depreciated or sold.
  5. Luxury car depreciation can continue year two at $13,600, year three at $8,160, and $4,896 per year for each succeeding year until the vehicle is fully depreciated or sold.

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Posted in Specials