Section 179 Tax Deductions

Drive your business forward with Mercedes-Benz of Bellingham and save big with Section 179 tax benefits.

 

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What is Section 179?

Section 179 allows business owners to deduct the full purchase price of qualifying vehicles and equipment in the year of purchase. For heavy vehicles, you can deduct up to $30,500, potentially saving over $5,000 on taxes, and in some cases, you might even write off the entire amount. This provision is especially beneficial for small businesses looking to maximize tax savings quickly instead of relying on long-term depreciation. It’s wise to consult a tax professional to fully understand and utilize this opportunity.


Does My Business Qualify?

 

The vehicle will used for business purposes more than 50% of the time.

You must purchase or finance qualifying new or used business equipment, including certain vehicles.

Your total equipment purchases must be less than $3,050,000 to qualify for the deduction.

Your business must have gross revenue below $4,000,000 to fully benefit from the deduction.


 

Eligible Mercedes-Benz Vehicles

Eligible Mercedes-Benz vehicles for the Section 179 tax deduction include SUVs, Sprinter vans, and other vehicles with a Gross Vehicle Weight Rating (GVWR) over 6,000 pounds. To qualify for the deduction, these vehicles must be primarily used for business purposes. This presents business owners with a significant opportunity to maximize their tax deductions when investing in these essential vehicles. Please consult your tax professional to verify eligibility and understand how to maximize tax benefits effectively.

 

Sprinters

Mercedes-Benz Sprinter models are eligible for Section 179 tax benefits.

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SUVs

Many Mercedes-Benz SUV models with a GVWR over 6,000lbs are eligible for Section 179 tax benefits

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Sprinters, Metris, and SUVs

Shop all potential Mercedes-Benz eligible models for Section 179 tax benefits

Shop All Eligible Vehicles

 


Get in Touch!

We’re here to assist you in finding the perfect Mercedes-Benz vehicle tailored to your business needs. Our knowledgeable team can provide valuable insights into our lineup of SUVs, Sprinter vans, and more, helping you understand how they can enhance your operations.

Whether you’re looking to maximize tax benefits, improve efficiency, or expand your fleet, we’re dedicated to guiding you every step of the way. Contact us today to learn more about our vehicles and the various options available to support your business goals.

We look forward to helping you drive your business forward!

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The information provided regarding eligible Mercedes-Benz vehicles for the Section 179 tax deduction is for informational purposes only and should not be considered legal or financial advice. While we strive to present accurate and up-to-date information, eligibility for tax deductions is subject to change and can vary based on individual circumstances. It is crucial for business owners to consult a qualified tax professional to understand their specific qualifications and how to maximize tax benefits effectively. Mercedes-Benz of Bellingham makes no guarantees regarding the applicability of the Section 179 tax deduction or any potential tax savings associated with vehicle purchases.

 

Mercedes-Benz of Bellingham 48.7546767, -122.4604596.