Suv Depreciation Limits 2025. You cannot elect to expense more than $27,000 of the cost of any heavy sport utility vehicle (suv) and certain other vehicles placed in service in tax years beginning in 2022. If you haven't yet completed your 2023 tax return (because you filed an.
Overall limit on section 179 expensing also applies. This guide will provide insights into how the limit on car depreciation works, and the specific limits set for the 2025 and earlier financial years, and how these limits affect your tax.