My accountant had a deduction of almost $36,000 on my new X5 of which $25,000 was just the purchase. This was claimed on my 2008 taxes filed this year. The only thing that you need to know is that you have to keep the car for 5 years or let your accountant know if you plan to sell it.

It apperently used to be up to $250,000 deduction and included Bentleys and the like. That was a few years back.

Also, don't consult me....consult your accountant or tax attorney.

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'09 X5 3.0 White- Sand Biege Leather
Specs- Premium - Tech - heated seats - Rear Climate - IPod interface - smart phone - running boards - lift gate - Areo Kit - surf/ski racks - ceramic film

Retired
'01 X5 3.0
Specs-sport-premium-cold weather-rear climate- premium sound-CD changer