Businesses know that taxes can be confusing, and you may find yourself worrying that you didn't write off as much as you could have. Well, our commercial Ford dealer in Tennessee helps our customers understand their taxes when buying a new work truck or van from us. We've helped many businesses understand Section 179 tax benefits and how they can get your company a new Ford commercial vehicle that helps you grow. Read on for more details on commercial vehicle deductions and our dealership in Memphis!
How to Take Advantage of Section 179 Benefits for a New Commercial Vehicle
There has been a range of Section 179 tax updates over the past few years, and they now do more to help businesses buy vehicles for their fleet. Now, depending on the vehicle you buy, you can write off the entire purchase cost in the year you buy it. Businesses used to have to spread these tax savings over a few years, but now you can deduct over $1 million for trucks and cargo vans over 6,000 GVWR. That means that you can get any Ford Super Duty truck or Transit van and be able to deduct the purchase cost.
Shop Through Our Commercial Ford Models in Memphis
Our new inventory covers all sorts of terrific Ford commercial vehicles for sale. You can find new Ford F-250 and F-350 trucks or opt for a Ford Chassis cab for a model like the F-450. The Ford Transit van lineup covers both cargo and passenger vans, and we'll help you with commercial vehicle upfits. If you have questions about taxes for fleet vehicles or how to take advantage of Section 179, contact our team today. We've helped companies from Jackson, TN to Little Rock, AR, so don't hesitate to contact us no matter where you are!