GVWR qualifies for Section 179 tax treatment
When shopping for a new SUV I was conscious of the ability to write off in a single year a new or used vehicle if it had a GVWR of 6001 lbs. or more. Big difference as otherwise the depreciation of a vehicle with the changes implemented under Reagan takes more than 11 years.
The 2018 Toyota Highlander was in many ways comparable to the Traverse but it has a GVWR of 6000 lbs. and so does not qualify for the Section 179 deduction of 100% against current income. That made it 25% more expensive for us to buy than the Chevy Traverse.