Section 179 Tax Deductions
Section 179 Tax Deductions | Protect Your Business's Bottom Line
As a proud business owner, we want to help you keep your business finances in order. One of the ways we do this is by informing you of some of the opportunities that exist. Section 179 tax deductions allow your business to deduct up to the purchase price of qualifying equipment in the year it's placed into service.
When you shop at Howard Bently Buick GMC, you can find amazing vehicles that qualify for Section 179. This program uses the vehicle's gross vehicle weight rating (GVWR) to determine if it's eligible. Section 179 is broken into different segments. Depending on the vehicle you purchase, you may receive a different deduction or bonus depreciation amount.
Up to 100% of the Purchase Price
Your business can receive up to 100% of the purchase price as 179 expensing when you purchase large trucks, cargo vans, and 10+ passenger vans with a GVWR greater than 6,000 pounds. Here are some of the models you can finance or lease from our dealership.
Partial - Up to 100%
You can also choose a vehicle that gives you up to 100% of the purchase price as a partial 179 expense and bonus depreciation. To qualify, the vehicle must have a GVWR of over 6,000 pounds and be a truck, SUV, or cargo van.
Up to $20,200 Deduction
You have the option of deducting up to $20,200 on the following vehicles. To qualify, the vehicle must have a GVWR of 6,000 pounds or less.
Contact the Team at Howard Bently Buick GMC to Learn More About Section 179
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Howard Bentley Buick GMC
4321 US HWY 431
ALBERTVILLE, AL 35950
- Sales: (256) 849-2493
