50%BonusDepreciation

Section179Expensing

Brand Model MSRP* GVWR* (NewVehiclesOnly)

(NeworPre-OwnedVehicles)

Detail

ChryslerPacifica $28,595 4,600lbs. $11,560 $11,560 A,EChrysler200 $21,995 4,600lbs. $10,998 $11,160 A,EChrysler300 $32,260 5,100lbs. $11,160 $11,160 A,EChryslerTown&Country $29,995 6,050lbs. $14,998 $25,000 C,ERamProMaster®Van1500118"WB(VF1L11) $29,865 8550lbs. $14,933 $29,865 B,ERamProMaster®Van2500136"WB(VF2L13) $32,495 8900lbs. $16,248 $32,495 B,ERamProMaster®Van3500159"WB(VF3L16) $37,010 9,350lbs. $18,505 $37,010 B,ERamProMasterCity® $24,445 5,395lbs $12,223 $24,445 B,ERam1500RegularCab6'4"box $30,805 6,350lbs $15,403 $30,805 B,ERam1500QuadCab6'4"box $34,085 6,950lbs $17,043 $34,085 B,ERam1500CrewCab5'7"box $36,540 6,950lbs $18,270 $25,000 B,ERam2500RegularCab8'box $31,780 8,510lbs. $15,890 $31,780 B,ERam3500RegularCab8'box $32,285 10,700lbs. $16,143 $32,285 B,ERamChassisCab3500 $32,870 12,500lbs. $16,435 $32,870 B,ERamChassisCab4500 $36,245 16,500lbs $18,123 $36,245 B,ERamChassisCab5500 $37,345 19,000lbs $18,673 $37,345 B,EDodgeChallenger $26,995 4,950lbs. $11,160 $11,160 A,EDodgeCharger $27,995 5,100lbs. $11,160 $11,160 A,EDodgeDart $17,995 3,173lbs. $8,998 $11,160 A,EDodgeDurango $30,495 6,500lbs. $15,248 $25,000 C,EDodgeJourney $20,995 5,005lbs. $10,498 $11,160 A,EDodgeGrandCaravan $23,595 6,050lbs. $11,798 $23,595 C,EJeep®Renegade $17,995 4,900lbs $8,998 $11,160 A,EJeep®Cherokee $23,495 5,500lbs. $11,160 $11,160 A,EJeep®GrandCherokee $29,995 6,500lbs. $14,998 $25,000 C,EJeep®Patriot $17,695 4,435lbs. $8,848 $11,160 A,EJeep®Compass $19,695 4,575lbs. $9,848 $11,160 A,EJeep®Wrangler $23,895 4,803lbs. $11,160 $11,160 A,EJeep®WranglerUnlimited $26,695 5,300lbs. $11,160 $11,160 A,EFIAT®500 $16,995 3,300lbs. $8,498 $11,160 A,EFIAT®500c $24,495 3,300lbs. $11,160 $11,160 A,EFIAT®500e $31,800 3,300lbs. $11,160 $11,160 A,D,EFIAT®500L $19,495 3,300lbs. $9,748 $11,160 A,EFIAT®500Abarth $26,695 3,300lbs. $11,160 $11,160 A,E

E-CustomersshouldalwaysindependentlyverifytheGVWRandbedlengthofavehiclebeforemakinganypurchase,claimingexemptionfromthedepreciationlimitations,orelectingthesection179deduction.

Thematerialpresentedinthisdocumentisforinformationalpurposesonlyandisnotofferedaslegalortaxadvice.Thisworksheetisnotintendedtobeused,norshoulditbeused,byanytaxpayerasadefenseagainstfederalorstatetaxesorpenalties.Youareurgedtoseektheadviceofyourtaxadvisorforspecifictaxorlegalquestions.

*ThestatedMSRPisforvehiclebasemodels.

Summary of 2016-17 Chrysler, Dodge, Jeep®, Ram, FIAT®

Bonus Depraction & Section 179 Expense Allowance

2016DeductionOptions

A-Expenseupto$11,160($11,560forVans,LightTrucks)duetothelimitationonpassengerautomobiles,trucks,SUVsandvansprovidedbyInternalRevenueCodeSection280F(d)(4)(A)andRevenueProcedure2016-23.Thisdeductionassumes100%businessuseofthevehiclebyataxpayerinatradeorbusiness.

B-Trucksandvanswithagrossvehicleweightrating(GVWR)greaterthan6,000poundsarenotsubjecttotheannualdepreciationcapsundertheluxurycarrules(InternalRevenueCodeSection280F(d)(5)(B)(iii)).Vehiclesover6,000poundswithacargoarealargerthan6'maybefullyexpensedundersection179upto$500,000whenlessthan$2,010,000ofeligiblesection179propertyisplacedinservice.Thisdeductionassumes100%businessuseofthevehiclebyataxpayerinatradeorbusiness.C-SportUtilityVehicles(SUVs),passengervansthatdonotseatmorethan9personsbehindthepassengerseat,andtruckswithaninteriorcargobedlengthlessthan6feetthathaveaGVWRof6,000poundsormorearenotsubjecttotheluxurycardepreciationcaps.However,theyarelimitedtoa$25,000Section179expenseallowancewhenlessthan$2,010,000ofeligiblesection179propertyisplacedinservice(RevenueProcedure2003-75).TheremainingbasisofthevehicleisdepreciatedusingMACRS200%DoubleDecliningBalanceoverafiveyearperiod.Thisestimateddeductionassumes100%businessuseofthevehiclebyataxpayerinatradeorbusiness.

D-The2016FIAT®500eelectricvehiclemaybeeligibleforthefull$7,500federalSection30Dtaxcredit,andstateincentivesincludingthe$2,500CaliforniaCleanVehicleRebateProject(CVRP).

DAVID LYKINS

(919) 697-7475