Can I Write Off My Lamborghini for My Business?

Can I Write Off My Lamborghini? Here’s What the IRS Really Says

If you're a business owner with a flashy vehicle—or you're thinking about buying one like a Lamborghini—you might be wondering: Can I write it off on my taxes? The answer isn’t black and white, but here’s what you need to know to avoid running into trouble with the IRS.

First Things First: Is It Really Used for Business?

The IRS allows deductions for vehicles used for ordinary and necessary business purposes. So if your Lamborghini is strictly for personal use or just for showing off, it’s not deductible. However, if you can prove it’s used regularly for business, a portion of the expense may be deductible.

The “Luxury Auto” Limits

Now here’s the catch: the IRS considers Lamborghinis and other exotic cars “luxury vehicles,” and there are strict depreciation caps:

  • For vehicles used in business, you can typically deduct a portion of the cost over several years.
  • But for luxury vehicles, there’s an annual depreciation limit—even if it qualifies under Section 179, which allows businesses to deduct the full purchase price of qualifying equipment (like vehicles) in the first year.

For most high-end vehicles, you’ll only be able to write off a small portion.

Can You Use Section 179?

Yes, but not fully.

Section 179 allows you to deduct up to $11,600–$20,200 (depending on the year and usage) for a luxury vehicle. So even if your Lamborghini costs $250,000+, you're capped on how much you can deduct in year one.

If your vehicle weighs over 6,000 pounds, you could qualify for a larger deduction—but Lamborghinis usually don’t meet this requirement.

Business Branding & Marketing Angle

If you’re using your Lamborghini in content creation, branding, or client experiences (like showing high-end real estate), you may be able to justify a portion of the write-off under advertising or promotion—but again, it must be reasonable and well-documented.

What You Need to Prove

To stay IRS-compliant, keep detailed records of:

  • Business mileage
  • Purpose of each trip
  • Maintenance costs
  • Any promotional or branding use

Pro tip: Don’t mix personal and business use without documentation. It’s a red flag.

Bottom Line

Yes, you might be able to write off part of your Lamborghini—but not the whole thing, and not without proper documentation and business justification.

If you're looking to maximize your tax deductions the right way, work with a tax professional who understands how to structure vehicle expenses correctly.

Need Help With Business Deductions?

At Tax Resolution Plus, we help entrepreneurs make smart tax moves—without getting in trouble with the IRS. Contact us for a consultation and let’s talk strategy.

‍