2022 Tax Incentives
Available 2022 Tax Incentives
Tax Cuts and Jobs ACT has provided you with some tax-based credits for Business Owners. As a result of ACT, business owners may now deduct up to 100% of the vehicle purchase price when the vehicle is purchased for business use, as the IRS categorizes SUVs with a gross vehicle weight in excess of 6,000 pounds differently than other luxury automobiles.
Business owners that purchase an X5, X6 & X7 models before the end of 2022 may be eligible for a 100% write-off of the purchase price.
To qualify, the X5, X6 & X7 must be purchased (not leased) and must be used for at least 50% for business purposes.
- Please consult your tax consultant for more tax advice on this program. Program ends on 12/31/2022. For more information on available inventory please fill out the form below.