Automobiles - 2016 Maximum Depreciation Deduction
Based on 100% Business Use**
Year Passenger Autos Light Trucks and Vans
SUVs
(Built on Truck Chassis)
1 $3,160* $3,560*
2 $5,100 $5,700
3 $3,050 $3,350
4 and beyond $1,875 $2,075
**This limit includes claiming a ยง179 expense deduction. If the business use is less than 100%, you must reduce the maximum deduction above proportionately.