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Porsche Cayenne or Cayenne Coupe Tax Benefits | Wilmington, NC
BUSINESS OWNERS THAT PURCHASE A CAYENNE OR CAYENNE COUPE IN TAX YEARS 2018-2022 MAY BE ELIGIBLE FOR A 100% WRITE-OFF OF THE PURCHASE PRICE*
This presents substantial tax savings for business owners. To qualify, the Cayenne or Cayenne Coupe must be purchased (not leased) and must be used at least 50% for business purposes. This deduction applies to both new and used vehicles acquired by purchase, so long as the acquiring taxpayer had not previously used the acquired vehicle, and did not acquire the vehicle from a related party.
Please note that the bonus depreciation percentage phases down by 20% per year after tax year 2022 (i.e., bonus depreciation percentage is lowered to 80% for 2023, 60% for 2024, 40% for 2025, and 20% for 2026). For more information, contact Porsche Wilmington at 910-772-7732.
*Bonus depreciation percentage phases down by 20% per year after tax year 2022. Consult with individual tax adviser in order to determine eligibility for this potential deduction. See Porsche of Wilmington representative for details.
Based on model year EPA mileage ratings. Use for comparison purposes only. Your actual mileage will vary depending on how you drive and maintain your vehicle.
Manufacturer’s Suggested Retail Price. Excludes options; taxes; title; registration; delivery, processing and handling fee; dealer charges. Dealer sets actual selling price. While great effort is made to ensure the accuracy of the information on this site, errors do occur so please verify information with a customer service rep. This is easily done by calling us at (910) 777-7732 or by visiting us at the dealership.
**With approved credit. Terms may vary. Monthly payments are only estimates derived from the vehicle price with a 72 month term, 4.9% interest and 20% downpayment.
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