3475 E Colorado Blvd, Pasadena, CA 91107
Open Today Sales: 9 AM-7 PM
3475 E Colorado Blvd, Pasadena, CA 91107
Whether traversing challenging road conditions en route to a meeting or navigating the complexities of these unprecedented times, the allure of the world is heightened from the driver’s seat of a new Cadillac.
Take advantage of an accelerated tax depreciation schedule to help increase your company’s bottom line.
Since the Escalade, XT5, XT6, and the all-new LYRIQ have Gross Vehicle Weight Ratings (GVWR) greater than 6,000** pounds, they can be depreciated by 80% in the first year of ownership when used for business 100% of the time, giving you the freedom to spend on the things that matter most.
These comparisons illustrate the tax depreciation advantages for business owners who purchase a new Escalade, XT5, XT6, or LYRIQ before December 31, 2023.* Please consult your tax advisor to determine how this information can be applied to your individual business situation.
Total allowable depreciation for the 1st year of ownership*
80%
20%
Total allowable depreciation for the 1st year of ownership*
80%
26%
Total allowable depreciation for the 1st year of ownership*
80%
32%
Total allowable depreciation for the 1st year of ownership*
80%
33%
Individual tax situations may vary. Information accurate at time of publication. Federal rules and tax guidelines are subject to change. Consult your tax adviser for complete details on rules applicable to your business.
**The XT5, XT6, Cadillac, and LYRIQ have gross vehicle weight ratings (GVWR) greater than 6,000 pounds and are classified as heavy SUVs. As such, these vehicles can be depreciated by 80% in the first year of ownership when used for business 100% of the time. GVWR is the manufacturer’s rating of the vehicle’s maximum weight when fully loaded with people and cargo. See your local authorized Land Rover Retailer for details.
* Comparisons based on Sections 179 and 168(k) of the Internal Revenue Code, which allow for additional first year depreciation for eligible vehicles and reflect figures for owners who purchase vehicles for 100% business
* Price comparison figures are calculated using the Base Manufacturer’s Suggested Retail Price for the 2024 Escalade Premium Luxury, 2024 XT5 Luxury, 2024 XT6 Luxury, 2024 LYRIQ Luxury 1. Price excludes destination/handling charge, tax, title, license, and retailer fees, all due at signing, and optional equipment.
Vehicles can be New and Certified Pre-Owned.