Jeep Wagoneer S
$60,000-$72,000
Can You Write Off Jeep Wagoneer S?
Short answer: Partly: the electric Wagoneer S is a midsize SUV under 6,000 lbs GVWR, unlike the gas Wagoneer.
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.
Jeep Wagoneer S
Typical range: $60,000-$72,000
General Business
Partly: the electric Wagoneer S is a midsize SUV under 6,000 lbs GVWR, unlike the gas Wagoneer.
Business justification
Partly: the electric Wagoneer S is a midsize SUV under 6,000 lbs GVWR, unlike the gas Wagoneer. 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