Motor Vehicle Depreciation Cost-Limit

Since 1980, the depreciation deduction for cars has been limited by a deemed maximum cost price depending on the year in which the car was acquired.
Income Year Depreciation Cost Limit
Income Year Depreciation Cost Limit
$
2005 57,009
2006 57,009
2007 57,009
2008 57,123
2009 57,180
2010 57,180
2011 57,466
2012 57,466
2013 57,466

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