Tax Advantages

At Land Rover of Knoxville, check out our special offerings on Land Rover vehicles. These include the Land Rover Range Rover Sport, LR2, and LR4 and other models we sell. With these offers, you can save thousands on the new car or truck you're looking for. Make sure to pick up the phone and call 1-865-777-3000 to get the latest unpublished specials!

Extended through December 31, 2009 is the election to deduct state and local general sales taxes in lieu of state and local income taxes on New and Used Vehicles.  Please see your tax advisor for more information.
Click here to see more information on
Small business tax advantages on Land Rover vehicles.
 
 
Small-Business Tax Advantage
 
When used for business purposes, Range Rover, Range Rover Sport, and LR3 models offer significant tax advantages in comparison to similarly priced luxury cars.
YEAR RANGE ROVER LUXURY CAR W/ 50%
BONUS DEPRECIATION
One $35,600 $10,960
Two $16,960 $4,800
Three $10,176 $2,850
Four $6,106 $1,775






Total
Depreciation $68,842                       $20,385


YEAR RANGE ROVER
SPORT		 LUXURY CAR W/ 50%
BONUS DEPRECIATION
One $32,600 $10,960
Two $11,200 $4,800
Three $6,720 $2,850
Four $4,032 $1,775






Total
Depreciation   $53,952                      $20,385



YEAR LAND ROVER
LR3		 LUXURY CAR W/ 50%
BONUS DEPRECIATION
One $30,000 $10,960
Two $8,000 $4,800
Three $4,800 $2,850
Four $2,880 $1,775






Total
Depreciation   $45,680                      $20,385 
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