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Ford Section 179 Tax Deduction near Greenville, PA

Ford Commercial Vehicle Lineup

Section 179 Tax Incentives

Are you a small-business owner looking to take your company to the next level by expanding your Ford fleet? You may be able to save on your commercial Ford purchase with the Section 179 Tax Deduction. What's Section 179? It's a tax code put in place by the IRS to help small-to-medium-sized businesses invest in themselves by allowing them to deduct up to 100% of the costs of qualifying vehicles. In order to take advantage of Section 179 tax savings for the current tax year, your vehicle must be bought and put into service by December 31, 2021 -- so hurry into our Ford dealership near Greenville, PA, before the year is out!

Section 179 Tax Deduction Qualifications & Limits

For the 2021 tax year, businesses can write off up to $1,050,000. The total amount on equipment purchases is capped at $2,620,000. Once a business has surpassed that amount, the Section 179 deduction will continue to decrease. Qualifying vehicles that are used exclusively for business purposes can qualify for the full Section 179 tax rebate. Typical passenger vehicles that are used for business at least 50% of the time can also qualify for a portion of the deduction, as well as Bonus Depreciation. This is limited to $11,160 for cars and $11,560 for trucks and vans. Some SUVs between 6,000 and 14,000 pounds, meanwhile, can qualify for up to a $25,000 total deduction.

What Ford Vehicles Are Eligible for Section 179?

While Ford Section 179 tax savings are most often applied to commercial Ford vehicles, you can claim this rebate on the purchase of many other qualifying models. Eligible Ford vehicles include:

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Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, and license charges. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.

Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price excludes records preparation fee of $175 and dealer fee of $394. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.