From 22 May 2025, businesses across New Zealand will have the chance to unlock major tax savings thanks to the Government’s new Investment Boost initiative. At The Car Company Nelson, we see this as a game-changer for local businesses looking to refresh or expand their fleet.
Whether you’re interested in a quality Japanese used import that’s new to New Zealand, a brand-new BYD electric vehicle, or working with us through our new car brokerage service, Investment Boost can help you reduce costs and improve cash flow from day one.
What is Investment Boost?
Investment Boost is a new tax deduction for businesses. When you purchase a qualifying asset (like a vehicle for business use), you can claim:
This accelerated deduction means you get more tax relief in year one, helping free up cash for your business sooner.
Which Vehicles Qualify?
For local businesses, there are three main ways to take advantage of Investment Boost with The Car Company Nelson:
1. Used Car Imports – “New to New Zealand”
One of our specialties is sourcing high-quality Japanese used imports. Even though these vehicles are not brand-new, they are considered “new to New Zealand” and therefore qualify for Investment Boost. That means your business can enjoy both great value upfront and the extra tax savings.
2. Brand-New BYD Vehicles
We’re proud to represent BYD Nelson, offering some of the most advanced and affordable electric and hybrid vehicles on the market. Vehicles like the BYD Shark 6, ATTO 3, Sealion 6, Sealion 7, and Dolphin are eligible for Investment Boost. For businesses, that means:
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Lower tax bills in the first year.
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Ongoing savings with EV running costs (electricity is cheaper than fuel, and servicing is minimal).
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A boost to your sustainability profile with zero-emission and low-emission vehicles.
3. Our New Car Brokerage Service
Don’t see what you need on our yard? Through our new car brokerage service, we can source almost any vehicle you require for your business fleet. Whether it’s a ute, SUV, van, or EV, if it qualifies as new or new to New Zealand, you can apply Investment Boost to maximise your tax savings.
Example: How Much Could You Save?
Let’s say your business purchases a vehicle for $50,000 after 22 May 2025.
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Without Investment Boost: You’d depreciate $10,000 per year over 5 years.
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With Investment Boost: You can claim $10,000 upfront (20%) in year one, then depreciate the remaining $40,000 over time.
This means you reduce your tax bill faster, improving cash flow when your business needs it most.
Why Choose The Car Company Nelson?
At The Car Company Nelson, we make it easy to take advantage of Investment Boost:
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Wide range of Japanese used imports (qualifying as “new to New Zealand”)
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Access to brand-new BYD electric and super hybrid vehicles through our BYD Nelson dealership
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A new car brokerage service to source any new vehicle your business needs
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In-house finance and insurance options to make upgrading even easier
Ready to Invest in Your Business Fleet?
With the Investment Boost tax incentive starting 22 May 2025, now is the time to start planning your next vehicle purchase. Whether it’s a reliable Japanese import, a brand-new BYD EV, or a vehicle sourced through our brokerage service, The Car Company Nelson can help you save on tax and running costs.
Talk to our team today to see how Investment Boost can work for your business.