At Land Rover Cherry Hill, we’re proud to support local business owners and entrepreneurs with premium vehicles that deliver both luxury and utility. If your business is considering adding a new Defender, Range Rover, Range Rover Sport, or Full-Size Discovery to your fleet, there may be significant tax advantages available to help you make the most of your investment.
Drive Success with Section 179 and Bonus Depreciation
Under current IRS guidelines, qualifying vehicles may be eligible for Section 179 deductions and Bonus Depreciation, which allow businesses to deduct a substantial portion—or in some cases, the full purchase price—of eligible vehicles used for business purposes. This means you can upgrade your company’s transportation with an iconic and capable Land Rover, while potentially lowering your 2024 taxable income.
For the 2024 tax year, many Land Rover models—including the Defender, Range Rover, Range Rover Sport, and Full-Size Discovery—may qualify, depending on weight and usage criteria. These vehicles offer the rugged capability your business may need, along with the sophistication and comfort your clients and team will appreciate.
Benefits of Choosing Land Rover Cherry Hill for Your Business Vehicle:
Whether you need a commanding Range Rover for executive travel or a versatile Defender to tackle rugged tasks, now is an excellent time to invest in a vehicle that works as hard as you do.
Let’s Talk About Your Tax-Smart Upgrade
Our knowledgeable team at Land Rover Cherry Hill is here to assist you every step of the way—from selecting the right model to navigating potential tax benefits. Reach out today to learn more about how your business can take advantage of Section 179 and Bonus Depreciation on eligible Land Rover models.