Hyundai Ioniq 9
$60,000-$80,000
Can You Write Off Hyundai Ioniq 9?
Short answer: Possible: the three-row Ioniq 9's battery weight pushes its GVWR past 6,000 lbs, helping realtors and consultants who drive clients.
Over 6,000 lbs GVWR, the passenger-car depreciation caps don't apply: pickups with 6-foot beds and cargo vans can be fully expensed with 100% bonus depreciation, while SUVs are limited to about $32,000 under Section 179 (bonus covers the rest). Business use must exceed 50%.
Records to keep: Keep the purchase contract, the door-jamb GVWR sticker photo, and a mileage log showing business vs personal miles.
Hyundai Ioniq 9
Typical range: $60,000-$80,000
General Business
Possible: the three-row Ioniq 9's battery weight pushes its GVWR past 6,000 lbs, helping realtors and consultants who drive clients.
Business justification
Possible: the three-row Ioniq 9's battery weight pushes its GVWR past 6,000 lbs, helping realtors and consultants who drive clients. Over 6,000 lbs GVWR, the passenger-car depreciation caps don't apply: pickups with 6-foot beds and cargo vans can be fully expensed with 100% bonus depreciation, while SUVs are limited to about $32,000 under Section 179 (bonus covers the rest). Business use must exceed 50%.
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