Section 179 Tax Deduction

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The criteria for a Section 179 deduction for used trucks is the purchase must have a usage of 50% or more for business purposes. This provides for excellent flexibility because not every company operates with the same fleet. Some use trucks, while others may have cars with enhanced fuel efficiency. The maximum that can be claimed for Section 179 used trucks is $1,050,000, and you can receive a 100% depreciation bonus for your current fleet. When filing company taxes, take the amount of commercial vehicles purchased, and subtract that from the overall gross income. The lower the income filed, the smaller tax bill your company receives, and the money that can be used for capital projects or personnel additions. Ask our sales staff for more details about Section 179 for used trucks.

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One of the advantages of the Section 179 tax incentive is it encompasses used vehicles. You get double savings with reduced costs for our high-quality used inventory and the rebate from the IRS. We have an outstanding selection of Ram, Nissan, Ford, and Chevrolet truck models that are leaders at the job site with exceptional towing and payload capacities. Our other models can make perfect company vehicles that can get you around town with reliability and efficiency. Our Lifetime Powertrain Warranty backs each vehicle, so you have peace of mind your choice will run healthy for many years. Pick out a used truck for Section 179 tax deductions when you stop by Beaver Valley Auto Mall and take a test drive.