Tax Credits on BMW SUVs
We are rapidly approaching the end of the year, and owners looking for a new business vehicle are in luck. According to IRS Section 179, vehicles over a certain weight requirement may qualify for tax deductions related to their depreciation. Business owners in the Topeka KS can find a qualified vehicle at the New BMW of Topeka. The brand-new BMW X7 qualifies for tax credits in Topeka KS. Drivers and vehicles shoppers should consult their tax professional to find out what they may be able to save by taking advantage of this tax incentive.
While each financial situation will vary, and every individual should consult with their accountant before purchasing, it is important to note that your qualifying vehicle must be purchased by December 31, 2019 to be eligible for these savings. Explore our new BMW X7 inventory below or fill out the form on this page to schedule a test drive.
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Other Advantages of the BMX X7
The BMW X7 qualifies for tax credits in Topeka KS, but that isn’t the only advantage that it brings to drivers. With seating for up to seven passengers, the full-size adventure vehicle has made capability a focus. Over 90 cubic feet of maximum cargo space and standard features like dual-zone automatic climate control make the X7 a model that is as versatile and comfortable as it is stylish.
Available features on the BMW X7 in include an in-vehicle Wi-Fi hotspot, a 10.2-inch infotainment system, driver assistance features, and a panoramic moonroof. Consult with your tax professional today to see if purchasing a new BMW X7 at the New BMW of Topeka can save you money during tax season.
If you are interested in test driving a new BMW X7, contact a member of our sales team at 785-380-0509 or fill out the form on this page.