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 90, 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.
These comparisons illustrate the tax depreciation advantages for business owners who purchase a new Range Rover, Range Rover Sport, Land Rover Defender 90, Land Rover Defender 110 or Land Rover Discovery before December 31, 2021.* Please consult your tax advisor to determine how this information can be applied to your individual business situation.
Total allowable depreciation for the 1st year of ownership*
100%
20%
Total allowable depreciation for the 1st year of ownership*
100%
26%
Total allowable depreciation for the 1st year of ownership*
100%
32%
Total allowable depreciation for the 1st year of ownership*
100%
33%
Total allowable depreciation for the 1st year of ownership*
100%
32%
Individual tax situations may vary. Information accurate at time of publication. 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.
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