BMW Tax Event

Learn More About How You Can Save Tax Dollars on a New BMW with Section 179 Tax Deductions

Did you know that you can take advantage of tax deductions for new commercial vehicles that exceed 6,000 pounds? Section 179 tax deductions allow you to save money when you add a new vehicle to your business' fleet. If you choose to add an SUV that weighs over 6,000 pounds to your collection, you can enjoy hefty deductions that make it easier to bolster your company fleet with capable vehicles. So, how can you save on your next commercial vehicle purchase? Our team can help!

New Arrivals

  • 2024 BMW X5 M60i SUV 5UX33EU01R9S60250
    2024 BMW X5 M60i SUV
    • MSRP:$103,845

    Quick Specs

    • 4.4L V8 DOHC 32V Twin Turbocharged Engine
    • Stock Number: 240053
    • VIN: 5UX33EU01R9S60250
    View Details
  • 2024 BMW X5 xDrive40i SUV 5UX23EU05R9S59081
    2024 BMW X5 xDrive40i SUV
    • MSRP:$79,125

    Quick Specs

    • 3L I6 DOHC 24V Engine
    • Stock Number: 240054
    • VIN: 5UX23EU05R9S59081
    View Details
  • 2024 BMW X5 xDrive40i SUV 5UX23EU06R9S52589
    2024 BMW X5 xDrive40i SUV
    • MSRP:$75,075

    Quick Specs

    • 3L I6 DOHC 24V Engine
    • Stock Number: 240045
    • VIN: 5UX23EU06R9S52589
    View Details
  • 2024 BMW X5 xDrive40i SUV 5UX23EU03R9S52159
    2024 BMW X5 xDrive40i SUV
    • MSRP:$74,380

    Quick Specs

    • 3L I6 DOHC 24V Engine
    • Stock Number: 240049
    • VIN: 5UX23EU03R9S52159
    View Details

Section 179 Tax Deductions on New Vehicles Over 6,000 Pounds

Certain new models that have a gross vehicle weight rating between 6,000 pounds and 14,000 pounds qualify for deductions of up to $25,000 as long as they meet the other conditions for section 179 and are placed into service before December 31st.

Here at BMW of Devon, we can help you find the perfect commercial vehicles for your needs and walk you through the process of taking full advantage of section 179 tax deductions so that you can get as much out of this tax break as possible.

Four BMW models that meet the section 179 gross vehicle weight requirements include the new BMW X5, BMW X5 M, BMW X6, and BMW X6 M. Sleek, sporty, and lush with premium interior materials, these elegant BMW SUVs will make stunning additions to your company fleet. Visit us at our BMW dealership, and we'll be happy to get you behind the wheel and provide more details regarding how you can save tax dollars with section 179 tax deductions.

 2017 Tax Year2018 Tax Year
Section 179 Overall Limit$500,000.00$1,000,000.00
Section 179 Limit for SUVs$25,000.00$25,000.00
Bonus Depreciation50%100%
Additional 28 Of Depreciation (first year depreciation)$11,160.00N/A
Qualifying VehiclesNew Vehicles OnlyNew and Used Vehicles
Example VehicleBMW X5 xDrive40iBMW X5 xDrive40i
Sales Price$80,000.00$80,000.00
Section 179 Depreciation$25,000.00$25,000.00
Bonus Depreciation50% of amount remaining - $27,500.00100% of amount remaining - $55,000.00
Additional Depreciation (first year depreciation) $11,160.00N/A
Total Depreciation$63,660.00$80,000.00
Total Depreciation (% of purchase price)79.58%100%

This is for informational purposes, we are not tax professionals. Please consult a tax expert regarding your personal situation and advice before making any decision.

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Learn more about section 179 tax deductions and explore BMW vehicles that qualify when you stop by our dealership. We'll be happy to go over all the ins and outs and help you start your journey towards bolstering your fleet with an exceptional new BMW vehicle!

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  1. BMW of Devon

    20 Lancaster Ave
    Devon, PA 19333

    • Sales: 610-687-9350
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BMW of Devon
A BMW M Certified Dealer Certified Center

  • Contact our Sales Department at: 610-687-9350
  • Monday9:00 AM - 7:00 PM
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