Section 179 Tax Deduction for BMW Vehicles


Eligible Vehicles Contact Us Today

Potential Tax Advantages for Atlanta Business Owners Purchasing a BMW

Thanks to the Section 179 tax deduction on eligible vehicles, you can keep more working capital in your business when you need it most. A world-class BMW experience awaits Atlanta business owners at Global Imports BMW, located just off The Perimeter near Truist Park. The X5, X6, X7, XM, iX, 7 Series, and i7 are BMW models that meet Section 179 requirements if you're looking for a tax write-off on your next business vehicle purchase. Propel your business forward by purchasing a qualifying vehicle from Atlanta's premier BMW dealer.

IRS Section 179 Details for the Upcoming Tax Season

Section 179 of the Internal Revenue Code gives Atlanta businesses the opportunity to deduct the purchase price of qualifying equipment in the year it's placed in service. The tax deduction can have an immediate financial impact on your business, and you get luxury transportation with a qualifying BMW model. BMW SUVs, including the BMW X5, BMW X6, BMW X7, BMW XM, and BMW iX, have GVWRs (Gross Vehicle Weight Ratings) of at least 6,000 pounds and are put in the "Heavy" class. These eligible passenger SUVs have a maximum Section 179 deduction of $32,000. The tax write-off is less for a "Light" passenger car.

The business use of the eligible BMW vehicle must be at least 50 percent. Tax deductions are determined by your business-use percentage. You have to put the title of the BMW vehicle in the name of the business. With a tax deduction on a qualifying BMW vehicle, you can improve cash flow and reallocate saved funds into strategic business investments.

Price excludes required taxes, tag, title and other governmental fees. Price includes a dealer service fee of $900 and a $199 ETR Fee.

We have taken reasonable efforts to ensure display of accurate data; however, the information shown may contain errors and omissions, may not reflect all vehicle items and accessories, and errors with regard to pricing may occur. All displayed inventory is subject to prior sale and all prices expire at midnight on the date displayed. Price shown is for the state in which Dealer is physically located and if transferred to another state, the price may change. Dealer is not responsible for any errors but should be consulted in person to confirm the information on this page.

PRE-OWNED VEHICLES MAY BE SUBJECT TO UNREPAIRED MANUFACTURER RECALLS. PLEASE CONTACT THE MANUFACTURER OR A DEALER FOR THAT LINE MAKE FOR RECALL ASSISTANCE/QUESTIONS OR CHECK THE NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION WEBSITE FOR CURRENT RECALL INFORMATION BEFORE PURCHASING.

Stipulations and Qualifications for Georgia Taxpayers and Atlanta Businesses

Georgia taxpayers should be aware that the business tax incentive has several conditions:

  • Georgia rejects federal bonus depreciation.
  • The title of the qualifying business vehicle must be in the name of the company itself and not the owner.
  • The BMW vehicle must be used for business purposes at least 50 percent of the time.
  • Deductions scale with the actual business-use percentage. The vehicle tax deduction increases if you have more business use.
  • Log mileage and maintain documentation to support your deduction claim.
  • Section 179 has a deduction cap of $32,000 on qualifying SUVs.
  • The Section 179 tax deduction is limited by business taxable income.
  • The qualifying vehicle must be placed in service during the tax year that you choose to claim the deduction.
  • The qualifying BMW vehicle should be actively available for business use prior to January 1, 2027.

A World-Class BMW Experience Awaits Atlanta Business Owners at Global Imports BMW

Business owners don't have to wait years for depreciation benefits to kick in, thanks to this attractive tax deduction under Section 179. Now is an opportune time to purchase a qualifying luxury vehicle from the premier BMW dealer in Atlanta. We have developed a reputation for BMW excellence. Global Imports BMW can help your business excel with a vehicle that's eligible for a tax deduction. Visit Global Imports BMW for a world-class BMW experience, and consult your tax advisor to calculate potential tax savings.