The takeaway is: For bonus depreciation tax deduction, you can buy the vehicle you now lease and apply bonus depreciation. Before the TCJA, you could not do this. Section 179 expensing is ( as in prior years) no available on the purchase of the vehicle that you were leasing. So the new ( and only) choice for a larger deduction on the purchase of a vehicle that you lease is the ability anther the TCJA to use bonus depreciation.
Manner in which this was taxes has changed
