Aston Martin Boston | Bonus Depreciation for Business Owners
As a business owner, the right vehicle may offer more than an exceptional driving experience. Under current federal tax law, bonus depreciation may allow eligible businesses to deduct a significant portion of the cost of a qualifying vehicle in the first year it is placed in service.
At Aston Martin Boston, we invite business owners to explore the potential tax advantages of adding an Aston Martin to their business while enjoying the craftsmanship, performance, and distinctive luxury of the brand.
What Is Bonus Depreciation?
Bonus depreciation is a federal tax provision that may allow businesses to deduct the cost of qualifying business property sooner rather than depreciating it over several years.
For qualifying property acquired and placed in service after January 19, 2025, current federal law generally allows 100% bonus depreciation, subject to applicable requirements and limitations. Vehicle-specific rules may affect the available deduction.
What Is Section 179?
Section 179 may allow businesses to deduct the cost of qualifying equipment and certain property purchased or financed during the tax year. For eligible business owners, a qualifying vehicle such as the Aston Martin DBX707 may be eligible for a deduction of up to $25,000 under specific SUV limitations when placed in service for business use.
Actual deductions depend on vehicle eligibility, business use percentage, and applicable tax rules. Consult your tax professional to determine your eligibility.
Could an Aston Martin Qualify?
Depending on the vehicle, ownership structure, and qualifying business use, Aston Martin DBX may be eligible for favorable depreciation treatment.
Our team can help you explore models to find a vehicle that fits both your lifestyle and business needs.
Explore Your Options at Aston Martin Boston
If you are planning a business vehicle purchase, now is a great time to speak with your tax professional about potential depreciation benefits.
Contact Aston Martin Boston to explore our inventory and discover your next Aston Martin.