Biz Write-Offs LogoBiz Write-Offs

BMW X4

$56,000-$75,000

Can You Write Off BMW X4?

Short answer: Partly: the X4 coupe-SUV is under the heavy-vehicle threshold, so the luxury caps apply.

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.