BMW M3 and M4
$78,000-$95,000
Can You Write Off BMW M3 and M4?
Short answer: Partly at best: high-performance cars face caps and extra scrutiny on business use.
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.
Records to keep: Keep the purchase contract, the door-jamb GVWR sticker photo, and a mileage log showing business vs personal miles.
BMW M3 and M4
Typical range: $78,000-$95,000
General Business
Partly at best: high-performance cars face caps and extra scrutiny on business use.
Business justification
Partly at best: high-performance cars face caps and extra scrutiny on business use. 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.
Category
- Vehicles by Model