In recent years, tax laws were revised to benefit businesses large and small, which means companies of every size have an opportunity to save. Coupes, sedans, small trucks, and small SUVs can deduct up to $18,100 per vehicle¹, while larger trucks, SUVs, and vans can deduct up to 100% of the purchase price². Consult your tax advisor for tax implications and savings opportunities.

Federal tax depreciation deductions are only available for vehicles used in a trade or business, and are subject to change without notice. Each taxpayers' tax situation is unique-please consult your tax advisor to determine your business' vehicle depreciation deduction. For more information, visit irs.gov. This advertisement is for informational purposes only, and should not be construed as tax advice, or as a promise of the availability or amount of any potential tax benefit or reduced tax liability.

FIRST YEAR VEHICLE DEPRECIATION LIMITS*