Biz Write-Offs LogoBiz Write-Offs

BMW i4

$53,000-$72,000

Can You Write Off BMW i4?

Short answer: Partly: the i4 is a capped electric sedan; gas savings don't change the depreciation limits.

Under 6,000 lbs GVWR it's a passenger car, so first-year depreciation is capped at roughly $20,000 with bonus depreciation for 2026, and only the business-use share counts; the 72.5¢ mileage rate is the simpler option. The federal EV credit ended for vehicles acquired after September 30, 2025.

Records to keep: Keep the purchase contract, the door-jamb GVWR sticker photo, and a mileage log showing business vs personal miles.