Desert Companion - November 2019

Page 27

IT’S NEVER TOO SOON TO PLAN FOR TAX TIME.

Range Rover, Range Rover Sport and Land Rover Discovery are designed to deliver outstanding capabilities and world-class luxury. These celebrated vehicles also possess a notable advantage over similarly priced luxury cars – 100% tax depreciation in their first year when used 100% of the time for business.*

$88,860 RANGE ROVER VS. $88,860 LUXURY CAR

Total allowable depreciation for 1st year of ownership*

Range Rover 1

100%

Depreciation $88,860

Luxury Car 2

VS.

20%

Depreciation $18,000

Individual tax situations may vary. The information presented was accurate at time of publishing. Federal rules and tax guidelines are subject to change. Consult your tax advisor for complete details on rules applicable to your business. *Comparisons based on Section 179 and 168(k) of the Internal Revenue Code, which allows for the additional first year depreciation for eligible vehicles and reflect figures for owners who purchase vehicles for 100 percent business use and place vehicles in service by December 31, 2019. 1. Range Rover is fully depreciated in Year One. 2. Luxury car depreciation can continue year two at $16,100, year three at $9,700, and $5,760 per year for each succeeding year until the vehicle is fully depreciated or sold. © 2019 Jaguar Land Rover North America, LLC

Jaguar Land Rover Las Vegas

6425 Roy Horn Way, Las Vegas, NV 89118 702.579.0400 www.jlrlv.com


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Desert Companion - November 2019 by Nevada Public Radio - Issuu