100% write off First Year!!?

Cybertruck 1974

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OK so I heard from a financial advisor if the CT weighs more than 6k lbs and has a bed longer than 6 feet and it's used for business needs the owner can write the vehicle off 100% first year. Can anyone confirm?
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scottf200

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Cybertruck 1974

Cybertruck 1974

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Businesses have ongoing incentives to acquire and install capital equipment. The Tax Cuts and Jobs Act of 2017 made significant changes to both Section 179 and bonus depreciation. These changes continue to be in effect for 2024 and when used together may allow businesses to deduct up to 100% of capital purchases. However, it will only be 100% if the amount of the equipment is under the phase-out threshold and can be expensed solely under Section 179. If it's over the limit and/or threshold, bonus depreciation will kick in, which is only 60% for 2024.
 

Adrenalinwill

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Sec179 applies to the Cybertruck and also to G Wagons, Range Rovers, Cadillac Escalades, suburban, but full depreciation deduction was adjusted in n 2022 so you’ll have to utilize an accelerated deprecation or bonus depreciation to write off full amount. My question is how to defer or eliminate the depreciation recapture at the end of life.
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