Gross Vehicle Weight Ratings (GVWRs) Greater Than 6,000 Pounds
As you know, the fastest vehicle deductions are found with SUVs, crossover vehicles, and pickup trucks with gross vehicle weight ratings (GVWRs) greater than 6,000 pounds. These vehicles avoid the limitations on depreciation for luxury automobiles.
Below, you will find some of the vehicles that qualify for the bigger deductions.
But here’s the ultimate proof. When you consider a more-than-6,000-pound GVWR vehicle, open the driver’s door and look at the metal plate or paper sticker on the door or the door frame. Make sure it shows the GVWR is more than 6,000 pounds.
(Sometimes the plate or sticker shows front and rear axles, so you have to add those two numbers together to get the gross GVWR—sometimes listed as GVW).
Here’s a list of some popular SUVs, crossover vehicles, and pickup trucks with GVWRs over 6,000 pounds.
SUVs with GVWRs Over 6,000 Pounds:
Crossover Vehicles with GVWRs Over 6,000 Pounds:
Pickup Trucks with GVWRs Over 6,000 Lbs.
Again, always open the driver’s door and check the paper sticker or metal plate on the door or door frame for the GVWR.
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Last-Minute Purchases to Maximize 2023 Vehicle Tax Deductions
Can You Write off More Than One Vehicle?
New Business Tax Credits for Buying Electric Vehicles
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