What are the new depreciation rules on business trucks or vans less than 6,000 pounds gross loaded vehicle weight?
Trucks and vans bought this year. For the first time, trucks and vans subject to the “luxury auto” rules have separate depreciation dollar limits. Trucks and vans are defined as passenger autos that are built on a truck chassis and include minivans and sport-utility vehicles (SUVs) that are built on a truck chassis.
Related Questions
- I already own several Freightliner Business Class trucks and need to purchase two walk-in vans. Can I service my walk-in van chassis at the same dealership where I service my trucks?
- What are the new depreciation rules on business trucks, SUV’s or vans more than 6,000 pounds gross loaded vehicle weight?
- What are the new depreciation rules on business trucks or vans less than 6,000 pounds gross loaded vehicle weight?