Did you know that you can enjoy tax benefits when you purchase a commercial truck here at our Ford dealership serving Broomall? Section 179 is a part of the IRS tax code that allows you to take advantage of savings when you purchase a commercial vehicle for your business. Essentially, you could deduct the full purchase price of a piece of qualifying equipment from your gross income as long as you purchased or financed that piece of equipment during the same tax year. Section 179 is set up this way to nudge businesses toward buying up equipment and investing in themselves, which enables you to get more out of your commercial purchases.
What Kinds of Commercial Vehicles Qualify for Section 179?
A wide range of vehicles can qualify for Section 179. Passenger cars, trucks, vans, and SUVs can all qualify as long as they don't weigh more than 6,000 pounds. So, you have plenty of options to choose from when it comes to picking out the perfect vehicle for your fleet from our selection of exceptional Ford vehicles for sale.
Our team can help you take full advantage of Section 179 by helping you choose from qualifying vehicles and guiding you through the details of this exciting opportunity to get the most out of your commercial vehicle purchase at our dealership serving Philadelphia and Havertown.
How Can I Learn More About Section 179?
Check out our Section 179 overview to find out more about how you can take advantage of business tax deductions. If you have any questions, please don't hesitate to contact us at our Ford dealership near Haverford and Springfield, PA. We'll be more than happy to walk you through the buying process and provide more details about Section 179.
Connect with our team today to learn more!
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