As the end of the year approaches, now is the ideal time for businesses in Claremont, New Hampshire to consider upgrading their commercial vehicle fleets. Why? By purchasing qualifying vehicles before December 31st, your business can take advantage of valuable tax benefits under Section 179 of the IRS tax code.
At Ford of Claremont, located at 155 Charlestown Rd, Claremont, NH, we're here to help you navigate the Section 179 deduction and find the perfect commercial vehicles for your business needs. Our knowledgeable sales team can guide you through our extensive commercial inventory and assist with any questions about commercial tax credits.
Understanding the Section 179 Tax Deduction
So, what exactly is the Section 179 deduction? In short, it allows businesses to deduct the full purchase price of qualifying equipment, including commercial vehicles, from their gross income. This can significantly lower your taxable income for the year, providing substantial tax savings.
To qualify for the Section 179 deduction, the vehicles must be purchased and put into service before December 31st. This is why many businesses in Claremont rush to upgrade their fleets before year's end.
Ford Commercial Vehicles That Qualify
Many Ford commercial vehicles qualify for the Section 179 deduction, including:
- Ford F-150 and Ford Super Duty pickup trucks
- Ford Transit and Transit Connect vans
- Ford E-Series cutaway and stripped chassis
- Ford F-650 and Ford F-750 medium duty trucks
These versatile vehicles can be customized to suit a wide range of business applications, from contractors and delivery services to shuttle operators and more.
Act Now to Upgrade Your Fleet
Don't miss out on the opportunity to save on your taxes while upgrading your commercial vehicle fleet. Visit Ford of Claremont today to explore our inventory and learn more about how your business can benefit from the Section 179 deduction.
Our dealership proudly serves Claremont and the surrounding areas of New Hampshire. Let us help you find the perfect commercial vehicles to drive your business forward while maximizing your tax savings.
