Purchase A Cayenne & Write-Off 100% On Your Taxes


With the passage and signing into law of H.R.1, aka, The Tax Cuts and Jobs Act, the deduction limit for Section 179 increases to $1,000,000 for 2018 and beyond.  Further, the bonus depreciation is now 100%. The bonus depreciation also now includes used vehicles.

Take A Look At Example Chart Below:

Section 179 Enhanced - 100% Tax Write-Off

 2017 Tax Year2018 Tax Year
Total Depreciation
(% of purchase price)
79.58%100.00%
Section 179 Overall Limit
$500,000.00
$1,000,000.00
Section 179 Limit For SUV's
$25,000.00
$25,000.00
Bonus Depreciation
50.00%
100.00%
Additional 280f Depreciation
(first year depreciation)
$11,160.00
N/A
Qualifying Vehicles
Only NewBoth New & Used
Example VehicleCayenne V6Cayenne V6
Sales Price
$80,000.00 $80,000.00
Section 179 Deduction $25,000.00
$25,000.00
Bonus Depreciation
2017 - 50% Of Amount Remaining
2018 - 100% Of Amount Remaining
$27,500.00
$55,000.00
Additional 280f Depreciation
(first year depreciation)
$11,160.00
N/A
Total Depreciation $63,660.00 $80,000.00

The tax consequences set forth above assume 100% business use and are for illustration purposes only. Hennessy Porsche makes no representations or warranties concerning the accuracy of the information contained within. Prospective clients should consult with their individual tax advisors concerning the particular tax consequences to them under the Internal Revenue Code and other applicable federal and state laws.

 


Get Directions


Saved
Saved Vehicles ×

SAVED VEHICLES

You don't have any saved vehicles!

Look for this link on your favorites:

Save

Once you've saved some vehicles, you can view them here at any time.

Contact
Contact Us ×

Sales

(770) 643-6100

Call Now

Service

(678) 781-0500

Call Now

Parts

(678) 781-0550

Call Now

990 Mansell Road • Roswell, GA 30076

Get Directions

Today's Hours:

Open Today! Sales: 8:30am-7:30pm

Open Today! Service: 7:30am-6pm

Open Today! Parts: 7:30am-6pm

Hennessy Porsche North Atlanta

990 Mansell Road Roswell, GA

Phone: (770) 643-6100

https://goo.gl/maps/MqjHedbfFW72

Parts

Phone: (678) 781-0550

990 Mansell Road Roswell, GA

Sales

Phone: (770) 643-6100

990 Mansell Road Roswell, GA

Service

Phone: (678) 781-0500

990 Mansell Road Roswell, GA
34.0432882 -84.3293066
[schema type="organization" orgtype="LocalBusiness" url="www.hennessyporsche.com" name="Hennessy Porsche North Atlanta" description="" street="990 Mansell Road" city="Roswell" state="GA" postalcode="30076" country="US" email="michael@hennessyporsche.com" phone="(770) 643-6100" logo="https://di-uploads-development.dealerinspire.com/hennessyporsche/uploads/2018/05/Hennessy-Porsche-OG-Image.png"]
Hennessy Porsche North Atlanta
Hennessy Porsche North Atlanta
990 Mansell Road
Roswell, GA, 30076 US
(770) 643-6100
https://di-uploads-development.dealerinspire.com/hennessyporsche/uploads/2018/05/Hennessy-Porsche-OG-Image.png
Hennessy Porsche North Atlanta 34.0432882, -84.3293066.