ATTENTION BUSINESS OWNERS
It's time to invest in your small business. With the Section 179 tax incentive, you have the opportunity to save big on a new Ford that will propel your business to the next level. Designed by the U.S. government to help small businesses invest in themselves, the Section 179 tax code is perfect for those who want to buy a new or new-to-you Ford commercial vehicle. Whether you're looking to buy a new Ford F-150 or a new Ford Transit, be sure to stop by our Appleton, WI, Ford dealership to ask about how much you can save with the Section 179 tax deduction. There are a couple guidelines to consider if you're looking to take advantage of this special tax incentive. For example, your Ford vehicle must be put into service by December 31, 2023, and it must be used for business purposes at least 50% of the time.
Which vehicles qualify for the Section 179 tax deduction?
- You can buy new Ford trucks like the Ford F-150, F-250, F-350 and Ranger. Visit our WI Ford dealer if you have any more questions!
- You can also buy other models like the Ford Expedition and Ford Transit Van and Transit Wagon.
- Other eligible models include the Escape Edge, Flex, Explorer and Fusion.
The Section 179 tax deduction and Bonus Depreciation are limited to $11,160 for cars and $11,560 for trucks and vans. Exceptions include:
- Hearses or ambulances used for your business.
- Transport vans, taxis and other vehicles used to transport people or property for hire.
- Non-personal use vehicles that are specifically modified for business.
- Other heavy "non-SUV" vehicles and trucks with a cargo area at least six feet in length.
Make an Inquiry
* Indicates a required field