Section 179 Tax Deduction & Eligible Vehicles for Sale DeMontrond Ford Cleveland, TX
As the year draws to a close, savvy business owners are looking for ways to maximize their tax savings. One of the best ways to lower your tax burden while expanding your reach is by utilizing the Section 179 tax deduction. Section 179 makes heavy SUVs, pickup trucks, and vans more affordable, helping you reinvest in your business at a lower cost. Whether you are looking for a fleet of pickup trucks or adding a new cargo van to your existing fleet, DeMontrond Ford is here to help. Our commercial vehicle wing has everything you need to start, from a large inventory of new and used business vehicles to common sense financing. Visit our Ford dealership near Humble, TX, to expand your business today!
What is the Section 179 Tax Break?
Section 179 is a part of the tax code provisioned by the IRS, allowing businesses to deduct the cost of a new vehicle purchase as an expense to the company. This means you can save up to $25,000 in tax breaks on your next vehicle purchase. Some conditions need to be met, but if you buy a qualified vehicle, the tax break allows you to spec into higher trim levels, bigger models, and features that may not make sense otherwise. Section 179 applies to several popular Ford Pro models, ensuring every vehicle you purchase with Section 179 adds real value. DeMontrond Ford is equipped to assist with any questions you have about your next commercial Ford truck for sale. Visit us to take your next Ford work truck for a spin today.
How Does the Commercial Vehicle Tax Deduction Work?
The following types of vehicles qualify for Section 179:
- Heavy SUVs, vans, and pickup trucks over 6,000 lbs. GVWR used for business over 50% of the time
- Non-personal equipment like tractors, dump trucks, and forklifts
- Delivery vehicles like cargo trucks and box trucks
- Specialty vehicles like ambulances
As you can probably tell, Section 179 was created by the federal government to encourage small business investment in heavy equipment. Over the years, as SUVs and pickup trucks have become heavier, they have also begun to qualify for the tax write-off. To make a qualified purchase this year, you must put the vehicle in service before December 31st. Putting the vehicle in service simply means using it for business more than 50% of the time. While your purchase can double as a personal vehicle off hours, excessive personal use could impact your tax savings. It’s always best to talk to a tax professional to get a clear picture of your tax situation.
Which Ford Models Qualify for Section 179?
We have many Ford models that qualify for Section 179 tax deduction! Each of the following vehicles qualify for savings:
- Ford Expedition
- Ford F-150
- Ford F-250 Super Duty
- Ford F-350 Super Duty
- Ford F-450 Super Duty
- Ford F-550 Super Duty
- Ford Transit Cargo Van
- Ford Transit Passenger Wagon
The Ford F-150 is the most popular choice for business owners thanks to its versatility and dependability. It’s a favorite in the trades and for construction projects, offering several powertrains, bed lengths, and cab types for every job. The Transit van is another popular choice, as it offers an entirely configurable body. If you need a reliable hauler, it’s up to the task, but it also excels as a mobile base for plumbers, electricians, and other mobile repair companies, providing room for all your tools, plus a WiFi hotspot so you can generate quotes on the spot. Visit our Houston Ford dealership to explore our inventory!
Start Your Ford Fleet at DeMontrond Ford in Cleveland, TX
Whether you’re looking for a single vehicle or to stock a fleet, DeMontrond Ford is just North of Houston and ready to help. Contact us today to learn more about commercial Ford vehicles.
*Credit restrictions may apply. Dealer Discounts available to everyone. Certain other manufacturer offers may not be available to everyone. Pricing includes every available current offer from manufacturer. Ask your dealer for details. All prices on this web site are subject to change without notice. Though we make every effort to provide you the most accurate, up-to-date information, occasionally, one or more vehicles on our web site may be incorrect due to typographical, photographic, occasional human or technical error. We reserve the right to refuse to honor any incorrect Internet prices as we cannot account for the occasional human or technical error. Discounted prices include all available applicable Factory Rebates and Incentives and Dealer Discount. All prices plus Sales Tax, Title, License Fee, and Registration Fee. Please contact dealer for details. Manufacturer's/Distributor's Rebate subject to residency restrictions. Any customer not meeting the residency restriction will receive a dealer discount in the same amount of the manufacturer's/distributor's rebate. If you live in the following California Emissions States of CA, CT, DE, MD, ME, NJ, NY, OR, PA, RI, VT, and WA, please be aware that those states will not title a new vehicle from Texas because the MSO is not listed as being a 50 State/California Emission Vehicle. . Manufacturer’s Rebate subject to residency restrictions. Any customer not meeting the residency restrictions will receive a dealer discount in the same amount of the manufacturer’s rebate. Dealer doc. fee is $150. By requesting information, you agree that DeMontrond (Dealership) and its affiliates, and sales professionals may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices. Message/data rates may apply.