Cadillac Optiq
$53,000-$65,000
Can You Write Off Cadillac Optiq?
Short answer: Partly: Cadillac's compact electric SUV is under the heavy-SUV line and capped.
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.
Cadillac Optiq
Typical range: $53,000-$65,000
General Business
Partly: Cadillac's compact electric SUV is under the heavy-SUV line and capped.
Business justification
Partly: Cadillac's compact electric SUV is under the heavy-SUV line and capped. 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.
Category
- Vehicles by Model