GVWR?
To those who are lucky enough to already have their e trons, can you take a look at the door jamb label and see what the official GVWR is? For tax purposes, of course. :)
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Not much help for taxes other than the credit. Maximum depreciation for an SUV under 6,000 lbs. used 100% for business is $18,000. Over 6,000 lbs. it's $25,000. The e-tron is 5,489 lbs.
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The etron GVWR is 6200+#.....it rings the bell
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Originally Posted by suttoni
(Post 25315049)
Not much help for taxes other than the credit. Maximum depreciation for an SUV under 6,000 lbs. used 100% for business is $18,000. Over 6,000 lbs. it's $25,000. The e-tron is 5,489 lbs.
https://www.mileiq.com/blog/section-...les-deduction/ I have not seen the GVWR of the e tron posted anywhere, but on Audi's media website there is a technical datasheet that listed it as 6900 lbs. That was current as of January 2019, but probably for the European model. |
Hmm! Good point.
Normally i write off the mileage but 100% depreciation maybe a huge advantage. Are we confirmed at over 6000? |
I just checked my E1... it is 6,978
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Originally Posted by mjeaton
(Post 25315366)
I just checked my E1... it is 6,978
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Originally Posted by Francis Y.
(Post 25315109)
This is not true. The maximum depreciation for vehicles with GVWR over 6,000 lbs. is 100% of the cost (if used 100% for business).....
I have not seen the GVWR of the e tron posted anywhere, but on Audi's media website there is a technical datasheet that listed it as 6900 lbs. .... However - there are two roadblocks here. 1. If you noticed in the article you quoted, a qualifying SUV over 6,000 lbs must be built on a truck chassis. Is e-Tron based on a truck? 2. The bigger tax issue is trying to claim a 100% writeoff of an $80,000 car as being "ordinary and necessary" under IR Code section 162. That section also requires business expenses to be reasonable. This would be difficult to prove with the e-Tron in virtually every business scenario. The writeoff would probably be limited to the price of a similar sized SUV over 6,000 lb. based on a truck chassis which was in a non-luxury price range. |
Originally Posted by suttoni
(Post 25316733)
Yes, OK you are right on the weight. I picked up the 5,490 lbs. from the e-Tron's published weight unloaded & without a driver. The 6,901 lbs. is the GVWR.
However - there are two roadblocks here. 1. If you noticed in the article you quoted, a qualifying SUV over 6,000 lbs must be built on a truck chassis. Is e-Tron based on a truck? 2. The bigger tax issue is trying to claim a 100% writeoff of an $80,000 car as being "ordinary and necessary" under IR Code section 162. That section also requires business expenses to be reasonable. This would be difficult to prove with the e-Tron in virtually every business scenario. The writeoff would probably be limited to the price of a similar sized SUV over 6,000 lb. based on a truck chassis which was in a non-luxury price range. https://www.watsoncpagroup.com/secti...iness-vehicle/ That CPA group does not describe the vehicle as being required to have a "truck chassis". Also, multiple websites list the Audi Q7 as a qualified vehicle and Audi does not build them on a truck chassis, do they? As to your second point, it is debatable. Basically, I'm not giving any tax advice (obviously), so YMMV. |
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