INCENTIVES FOR SMALL BUSINESS OWNERS
2025 FIRST YEAR DEPRECIATION LIMITS
Up to 100% of the total purchase price deduction* per vehicle**
• BMW X5
• BMW X6
• BMW X7
• BMW i7
• BMW iX
• BMW XM
SECTION 168(K) TEMPORARY 100% DEDUCTION*
Select BMW models are generally considered qualified property for purposes of section 168(k) for U.S. federal income tax purposes. This means a taxpayer may elect to treat the cost of any qualified property as an expense allowed as a deduction for the taxable year in which the property is acquired and placed in service. Consult your tax professional to determine your vehicle depreciation and tax benefits.
SECTION 179 FIRST-YEAR EXPENSING*
A BMW SUV vehicle is generally considered Section 179 property for U.S. federal income tax purposes. This means a taxpayer may elect to treat the cost of any Section 179 property as an expense and be allowed to take it as a deduction for the taxable year in which the property is acquired and placed in service. A qualifying business may expense up to $2,500,000 of Section 179 property during 2025.
Consult your tax professional to determine your vehicle depreciation and tax benefits.
*This incentive is offered by a third party and is subject to change without notice. Please confirm this information to ensure its accuracy and availability. Consult a tax professional for details and eligibility requirements. **Vehicles with a Gross Vehicle Weight Gain of 6,000lbs or under do not qualify.