2024 Section 179 Business Tax Savings
Section 179 Deductions
Automotive Tax Deductions for Your Business
Take advantage of a great opportunity when you choose Route 23 Ford. We offer great automobiles that will help you save money. With Section 179 Deductions, the federal government gives you the freedom to write off depreciable purchases in the same tax year they're purchased. That's one reason why this tax deduction program is beneficial to you and many business owners.
How It Works
In 2024, Section 179 Deductions was updated to allow up to $1,200,000 in tax deductions (taxes filed in 2025). You don't have to write off a little every year. Instead, you can write off the full amount in one year, giving you an immediate bump when filing your taxes.
Your vehicle's gross vehicle rating (GVWR) is responsible for determining if and how it may qualify. Additionally, the vehicle must be used at least 50% of the time for legitimate business purposes.
- Light Section 179 Vehicles: Vehicles with a manufacturer's GVWR under 6,000 pounds. Includes passenger cars, crossovers, SUVs, and small utility trucks.
- Heavy Section 179 Vehicles: Vehicles with a manufacturer's GVWR of at least 6,000 pounds but no more than 14,000 pounds. Includes full-size SUVs, commercial vans, and pickup trucks.
- Other Section 179 Vehicles: Vehicles with a manufacturer's GVWR over 14,000 pounds or a vehicle modified for nonpersonal use.
What Ford Models are Eligible?
We offer a great array of vehicles at Route 23 Ford. These models are eligible to participate in this program.
- Ford F-150® Trucks
- Ford F-250® & Ford F-350® Super Duty® Trucks
- Ford Expedition® & Ford Expedition MAX SUVs
Contact Route 23 Ford to Learn More
Discover how you can protect your bottom line when you shop for your Section 179 Deductible-friendly Ford vehicle from Route 23 Ford. We look forward to serving you.
-
Route 23 Auto Mall
1301 Route 23
Butler, NJ 07405
- Sales: 888-798-6077
Loading Map...