2026 Section 179 Tax Deduction | Land Rover Glen Cove
MAXIMIZE YOUR 2026 BUSINESS TAX DEDUCTIONS
Purchasing a new Range Rover, Defender, or Discovery for your business could provide significant tax advantages in 2026. Through IRS Section 179 and 100% bonus depreciation, qualifying businesses may be eligible to deduct a substantial portion, or potentially the entire qualifying business-use cost, of an eligible vehicle in the year it is placed in service.
2026 BUSINESS TAX ADVANTAGE
UP TO 100% FIRST-YEAR DEPRECIATION
Qualifying Range Rover, Defender, and Discovery vehicles purchased and placed in service during 2026 may be eligible for up to 100% first-year federal depreciation deductions through Section 179 and bonus depreciation. Eligibility and limitations apply.
DECEMBER 31, 2026
Year-end deadline for calendar-year taxpayers to place qualifying vehicles in service for the 2026 tax year.
$32,000
Maximum 2026 Section 179 deduction for qualifying heavy SUVs, subject to applicable limitations.
100%
Bonus depreciation may be available on qualifying vehicles acquired after January 19, 2025.
50%+
Vehicles must generally be used more than 50% for qualified business purposes.
WHAT IS THE SECTION 179 DEDUCTION?
Section 179 of the Internal Revenue Code allows eligible businesses to deduct the cost of certain qualifying assets, including vehicles used primarily for business purposes, in the year they are placed in service.
For 2026, the maximum Section 179 deduction for qualifying heavy SUVs is $32,000, subject to business-use requirements and other IRS limitations.
Certain Range Rover, Defender, and Discovery vehicles with a Gross Vehicle Weight Rating (GVWR) exceeding 6,000 pounds may qualify for these deductions.
WHAT IS 100% BONUS DEPRECIATION?
Under Section 168(k) of the Internal Revenue Code, eligible businesses may qualify for 100% bonus depreciation on certain qualifying property acquired after January 19, 2025.
Unlike the Section 179 heavy SUV limitation, bonus depreciation is not subject to the same $32,000 per-vehicle cap.
When applicable, bonus depreciation may allow a business to deduct the remaining qualifying depreciable basis of a vehicle after any Section 179 deduction.
This means qualifying businesses may be able to deduct up to the full eligible business-use portion of a vehicle's cost during the first year.
Both new and certain eligible pre-owned vehicles may qualify, subject to IRS rules.
WHICH VEHICLES MAY QUALIFY?
Several Range Rover, Defender, and Discovery models have configurations with a Gross Vehicle Weight Rating exceeding 6,000 pounds and may qualify for Section 179 and bonus depreciation.
- Range Rover
- Range Rover Sport
- Defender 90
- Defender 110
- Defender 130
- Discovery
Eligibility depends on the specific model, configuration, GVWR, business use, and applicable tax requirements. Please verify eligibility with your tax professional before purchasing.
HOW TO QUALIFY FOR 2026 TAX BENEFITS
To potentially take advantage of these deductions, businesses generally must purchase an eligible vehicle, use it more than 50% for qualified business purposes, and place it in service during the applicable tax year.
For calendar-year taxpayers seeking deductions for 2026, qualifying vehicles generally must be placed in service by December 31, 2026.
Additional requirements and limitations may apply based on the business, vehicle, and taxpayer's circumstances.
EXPLORE YOUR 2026 BUSINESS VEHICLE OPTIONS
Discover qualifying Range Rover, Defender, and Discovery vehicles at Land Rover Glen Cove.
Our team can help you explore available inventory and provide vehicle information to assist with your year-end tax planning.
Explore our available models below or contact our sales team to learn more.
Contact Us For More Information
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IMPORTANT TAX INFORMATION: The 2026 Section 179 deduction limit for qualifying heavy SUVs is $32,000, subject to applicable IRS limitations. The overall Section 179 deduction limit for tax years beginning in 2026 is $2,560,000, with a phase-out beginning at $4,090,000 in qualifying property placed in service.
Under Section 168(k), 100% bonus depreciation may be available for qualifying property acquired after January 19, 2025, and placed in service during the applicable tax year. Eligibility depends on acquisition dates, vehicle classification, business-use percentage, and other applicable requirements. Property acquired under a binding contract entered into before January 20, 2025, may be subject to different depreciation rules.
Vehicles generally must be used more than 50% for qualified business purposes to qualify for Section 179 and accelerated depreciation benefits. Deductions may be reduced based on actual business use. Changes in business use may result in depreciation recapture. Section 179 deductions are also subject to taxable business income limitations.
Not all vehicles or configurations qualify. Vehicle eligibility depends on the manufacturer's Gross Vehicle Weight Rating (GVWR), vehicle classification, and applicable IRS requirements. GVWR is the manufacturer's maximum rated loaded vehicle weight, not the vehicle's curb weight. Additional depreciation limitations may apply to certain vehicles.
Tax deductions are not equivalent to dollar-for-dollar tax savings. Actual tax benefits depend on the taxpayer's individual circumstances, applicable tax rates, and eligibility. State tax treatment may differ from federal tax treatment, including in New York State.
Land Rover Glen Cove does not provide tax, accounting, or legal advice. This information is provided for general informational purposes only and is not intended to constitute tax or legal advice. Consult a qualified tax professional to determine eligibility and potential deductions.
For additional information, visit IRS Publication 946.
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Land Rover Glen Cove
62 Cedar Swamp Rd
Glen Cove, NY 11542
- Sales: 855-482-7113
