Volvo EX90
$80,000-$90,000
Is an EX90 a Tax Write-Off?
Short answer: Often yes for business use: most EX90 trims are rated over 6,000 lbs GVWR, so they skip the passenger-car depreciation caps when used more than 50% for business.
With 100% bonus depreciation restored for vehicles acquired after January 19, 2025, the business-use share can often be written off in year one (Section 179 alone is capped for SUVs). Personal use and commuting must be excluded, and selling later can trigger recapture. Expect scrutiny on a luxury SUV, so documentation matters.
Records to keep: Keep a contemporaneous mileage log (date, miles, business purpose), business-use percentage, the purchase contract, and a photo of the door-jamb GVWR sticker.
Volvo EX90
Typical range: $80,000-$90,000
General Business
Often yes for business use: most EX90 trims are rated over 6,000 lbs GVWR, so they skip the passenger-car depreciation caps when used more than 50% for business.
Business justification
Often yes for business use: most EX90 trims are rated over 6,000 lbs GVWR, so they skip the passenger-car depreciation caps when used more than 50% for business. With 100% bonus depreciation restored for vehicles acquired after January 19, 2025, the business-use share can often be written off in year one (Section 179 alone is capped for SUVs). Personal use and commuting must be excluded, and selling later can trigger recapture. Expect scrutiny on a luxury SUV, so documentation matters.
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