2024 Bonus Depreciation Percentage For Vehicles. The biggest benefit of the current auto deduction is the strategy of bonus depreciation. Vehicles eligible for bonus depreciation include those with a useful life of 20 years or less, such as cars, trucks, vans, and certain heavy equipment.

This guide offers a detailed look into the mechanics and strategic application of bonus depreciation in 2024, particularly focusing on new developments and how businesses. (it was 80% in calendar year.