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100% Bonus Depreciation Is Back. Explore the potential tax advantages of purchasing a qualifying Land Rover or Range Rover vehicle for your business in 2026.
If you're a business owner, entrepreneur, or self-employed professional, purchasing a vehicle for your business may offer significant tax advantages.
Under Section 179 of the IRS tax code and the restored 100% bonus depreciation provision, eligible businesses may be able to deduct a substantial portion—or potentially all— of the cost of qualifying vehicles in the year they are placed in service.
At Land Rover Wichita, we offer a selection of luxury SUVs that combine refined craftsmanship, versatile capability, and sophisticated design with the practicality today's business owners demand.
Whether you're upgrading your company vehicle, expanding your business fleet, or investing in a vehicle that complements your professional lifestyle, our team can help you explore available inventory and identify models that may meet applicable weight and configuration requirements.
Explore the possibilities of Section 179 at Land Rover Wichita.
This page is for informational purposes only and does not constitute tax, legal, or financial advice. Always consult your tax professional.
Section 179 is a provision of the IRS tax code that allows eligible businesses to deduct the cost of certain qualifying business property, including vehicles, rather than recovering the cost solely through depreciation over multiple years.
For the 2026 tax year, businesses can elect to deduct up to $2,560,000 in qualifying property purchases, subject to applicable limitations.
The deduction begins to phase out when total qualifying property purchases exceed $4,090,000 during the tax year.
For business owners considering a Land Rover or Range Rover SUV, this provision may provide an opportunity to reduce taxable business income while investing in a vehicle that supports both professional responsibilities and everyday driving needs.
These limits apply to the applicable tax year and are subject to additional IRS rules, including business income limitations and vehicle-specific restrictions.
2026 Tax Advantage: Recent federal tax legislation restored 100% bonus depreciation for qualifying property acquired and placed in service after January 19, 2025.
This provision allows eligible businesses to potentially deduct 100% of the adjusted basis of qualifying property in the year it is placed in service.
For business owners considering an eligible Land Rover or Range Rover vehicle in 2026, this may provide an additional tax-planning opportunity beyond the traditional Section 179 deduction.
Section 179 and bonus depreciation are two separate tax provisions that can work together under applicable IRS rules.
Allows eligible businesses to elect an immediate deduction for qualifying property, subject to annual limits and other restrictions.
Allows eligible businesses to deduct an additional percentage of the remaining qualifying basis in the first year. For qualifying property acquired and placed in service after January 19, 2025, the applicable rate is generally 100%.
The availability and amount of any deduction depend on the vehicle, acquisition date, business use, ownership structure, and other applicable tax rules.
Land Rover and Range Rover vehicles are recognized for their combination of premium craftsmanship, advanced technology, and exceptional versatility.
Certain models and configurations may also meet the weight requirements associated with favorable business vehicle depreciation treatment.
Vehicles with a Gross Vehicle Weight Rating (GVWR) greater than 6,000 pounds may qualify for certain Section 179 and bonus depreciation provisions.
Depending on model year, configuration, and manufacturer-rated specifications, vehicles worth evaluating may include:
Flagship luxury, sophisticated design, and exceptional comfort.
Dynamic performance, premium appointments, and versatile capability.
Distinctive design, rugged capability, and everyday versatility.
Spacious accommodations, adaptable seating, and practical luxury.
Our team at Land Rover Wichita can help you explore available inventory and review manufacturer specifications for vehicles you may wish to discuss with your tax professional.
The IRS generally distinguishes between passenger vehicles and certain heavier vehicles when determining applicable depreciation limitations.
Vehicles with a GVWR greater than 6,000 pounds and not exceeding 14,000 pounds may fall into a category subject to special heavy SUV rules.
For qualifying heavy SUVs, the Section 179 deduction is limited to $32,000 for the 2026 tax year.
Additional depreciation, including bonus depreciation, may be available on the remaining eligible basis, subject to applicable limitations.
Whether your business requires spacious accommodations, versatile capability, or a sophisticated vehicle for professional travel, Land Rover Wichita offers luxury SUVs designed to meet a variety of driving needs.
Experience flagship luxury, exceptional refinement, and advanced technology in a vehicle designed to make every journey extraordinary.
Discover a dynamic combination of performance, distinctive styling, and premium comfort.
Explore legendary capability, purposeful design, and the versatility to handle demanding environments.
Enjoy adaptable space, sophisticated amenities, and the flexibility to accommodate professional and personal needs.
Explore our available new and pre-owned inventory to find a vehicle that aligns with your business objectives.
Vehicle availability, specifications, and tax eligibility vary. Consult your tax professional regarding the treatment of any specific vehicle purchase.
While individual circumstances vary, there are several important requirements businesses should understand when considering Section 179 and bonus depreciation.
To qualify for Section 179 or bonus depreciation under the listed-property rules, a vehicle generally must be used more than 50% for qualified business purposes.
The deductible amount is generally based on the percentage of qualifying business use.
The vehicle must meet the applicable acquisition and ownership requirements. Certain new and qualifying used vehicles may be eligible.
Financing a qualifying Land Rover or Range Rover vehicle does not automatically disqualify it from depreciation deductions.
However, lease arrangements are subject to different tax rules.
The vehicle must be placed in service for its intended business use during the applicable tax year.
For calendar-year businesses seeking a 2026 deduction, the vehicle generally must be placed in service by December 31, 2026.
Simply signing a purchase agreement or placing a deposit does not necessarily satisfy this requirement.
Section 179 deductions are subject to a business taxable income limitation.
Your ability to claim the full deduction may depend on your business's financial circumstances.
Bonus depreciation is subject to separate rules.
Maintain appropriate records documenting the vehicle purchase, business use, mileage, and other information required to support the deduction.
Always consult your tax professional to determine your eligibility and the appropriate deduction for your circumstances.
For tax years beginning in 2026, the maximum Section 179 deduction is $2,560,000.
This amount begins to phase out when qualifying property purchases exceed $4,090,000.
The maximum Section 179 deduction for qualifying heavy SUVs is $32,000.
Additional restrictions and limitations may apply.
Bonus depreciation is a separate tax provision that allows businesses to deduct a percentage of the cost of qualifying property in its first year of service.
Under legislation enacted in 2025, 100% bonus depreciation was restored for qualifying property acquired and placed in service after January 19, 2025.
This means qualifying business vehicle purchases in 2026 may be eligible for a 100% first-year bonus depreciation deduction, subject to applicable IRS requirements and limitations.
Yes. Businesses may be able to use both provisions when purchasing qualifying property.
Generally, Section 179 is applied first, followed by bonus depreciation on the remaining eligible basis.
The actual deduction depends on the property's eligibility, applicable limitations, and the business's tax circumstances.
Certain Range Rover, Range Rover Sport, Defender, and Discovery models may meet the weight requirements associated with favorable business vehicle depreciation treatment.
However, eligibility varies by model year, configuration, and manufacturer-rated GVWR.
Our Land Rover Wichita team can help you review available vehicles and their specifications. Your tax professional should confirm eligibility before purchase.
No. Vehicles weighing less than 6,000 pounds may also qualify for certain depreciation deductions, although passenger vehicles are subject to separate annual depreciation limitations.
Vehicles exceeding 6,000 pounds GVWR may qualify for different treatment depending on their classification and configuration.
Potentially, yes. Certain used vehicles may qualify for Section 179 and bonus depreciation.
Used property must meet applicable IRS requirements, including acquisition and related-party restrictions.
The vehicle generally must be new to the taxpayer for federal tax depreciation purposes.
Your tax professional can help determine whether a particular pre-owned vehicle qualifies.
Financing a vehicle does not automatically disqualify it from Section 179 or bonus depreciation.
Eligible businesses may be able to claim applicable depreciation deductions on a qualifying financed purchase, subject to the tax rules governing the vehicle and business.
Leasing is treated differently and generally does not qualify for the same vehicle-purchase deductions.
Not necessarily.
However, vehicles subject to the listed-property rules generally must be used more than 50% for qualified business purposes to qualify for Section 179 or bonus depreciation.
If the vehicle is used for both business and personal purposes, the deductible amount is generally limited to the qualifying business-use percentage.
For a calendar-year business seeking to claim a deduction for the 2026 tax year, the vehicle generally must be acquired and placed in service by December 31, 2026, subject to applicable acquisition rules.
A signed purchase agreement or deposit alone does not necessarily establish that a vehicle has been placed in service.
Businesses with fiscal tax years should consult their tax professional regarding their applicable deadline.
Eligibility depends on the specific vehicle's manufacturer-rated specifications, configuration, acquisition details, and intended business use.
Our team at Land Rover Wichita can help you explore available inventory and identify vehicles for further consideration.
We recommend confirming the vehicle's eligibility with your CPA or qualified tax advisor before making a purchase decision.
Your next business vehicle could represent more than an upgrade in comfort, capability, and performance.
It could also provide an opportunity to invest in your business while taking advantage of available federal tax incentives.
Discover the selection of luxury SUVs at Land Rover Wichita, and let our team help you explore vehicles that complement your professional needs and personal driving preferences.
Explore our inventory and discover what your next Land Rover could do for your business.
The information provided on this page is for general educational and marketing purposes only and should not be considered tax, legal, or financial advice. Tax laws, eligibility requirements, and deduction limitations are subject to change and may vary based on individual circumstances.
Section 179 and bonus depreciation deductions are subject to applicable Internal Revenue Code provisions, IRS regulations, and limitations. Not all Land Rover or Range Rover vehicles qualify for the same deductions, and purchasing a vehicle does not guarantee a tax benefit.
Land Rover Wichita does not provide tax or accounting advice and makes no representation or guarantee regarding the tax treatment of any vehicle purchase. Customers should consult a qualified CPA or tax professional to determine eligibility, applicable deductions, and the tax consequences of a vehicle purchase.
Tax information reflects federal provisions applicable to the 2026 tax year.
