Section 179 Tax Advantages
Business owners in Braintree who purchase a qualifying Range Rover or Defender model may be eligible for Section 179 tax advantages. Sections 179 and 168(k) of the federal tax code allow businesses to deduct some or all of a vehicle’s business-use cost in the year it is placed in service, freeing up cash to reinvest in their operations. Learn more about the advantages of Section 179 deductions and how you can take advantage of bonus depreciation with this guide from Land Rover Rockland.
Section 179 Guidelines & Restrictions
To qualify for Section 179 deductions, a vehicle must meet certain requirements. While Land Rover Rockland does not offer traditional commercial vehicles, such as heavy-duty trucks or cargo vans, our Rockland team does offer several models that fall into the "Heavy SUV" category. Under Section 179, this category includes all vehicles that have a Gross Vehicle Weight Rating (GVWR) between 6,000 and 14,000 pounds, which includes select configurations of the Defender, Range Rover, Range Rover Sport, and Discovery models.
In addition to meeting the GVWR requirements, a qualifying vehicle must be:
- Used for Business Purposes: The vehicle must be used for business more than 50% of the time, and the deduction reflects your business-use percentage.
- Owned or Financed: You must purchase or finance the vehicle. Leased vehicles do not qualify.
- Placed in Service Before the End of the Year: The vehicle must be ready and available for business use by the end of the tax year you claim the deduction.
For the 2026 tax year, the Section 179 deduction for a heavy SUV is capped at $32,000. Vehicles with a GVWR of 6,000 pounds or less will receive a more limited deduction. Some vehicles that may be capped include the Discovery Sport, Range Rover Velar, and Range Rover Evoque.
Section 168(k) "Bonus Depreciation"
Federal tax legislation signed in 2025 significantly changed the way Section 168(k) bonus depreciation works. Instead of capping the amount of bonus depreciation at 40% of the remaining costs after Section 179 deductions, Hingham business owners can deduct up to 100% bonus depreciation on qualifying property.
Learn More About Section 179 Tax Advantages at Land Rover Rockland
If you are looking to add a new Range Rover or Defender to your Norwell fleet, reach out to Land Rover Rockland. Our team will walk you through all our qualifying vehicles and help you find the right financing solutions for your business.
