Section 179 Tax Credit Information

Get Money Back from the Purchase of a Ford Truck with Section 179 Tax Deductions

Don't put off buying a new truck or van for your business. With Section 179 tax deductions, New Hampshire business owners may be able to get a lot of money back at tax time. Ford of Claremont has a wide array of commercial trucks and vans for sale or lease in our new inventory, and Section 179 tax deductions can help sweeten the deal.

A Broad Assortment of Commercial Trucks and Vans

Need a chassis cab truck for construction work? Or maybe you'd like to add a cargo van to your fleet? Whatever your business requires, Ford of Claremont is sure to have a commercial vehicle that suits your purposes. New Hampshire drivers can choose from a colossal selection of Super Duty pickups, chassis cab trucks, Transit cargo vans, and Transit Connect passenger wagons at our dealership. They're all competitively priced, and financing is available to help you buy or lease over time.

Enjoy Huge Tax Deductions and Bonus Depreciation When Applicable

Section 179 tax deductions allow business owners in Claremont to deduct the entire cost of a commercial truck or van from their taxable income when they file for taxes the next year. The 2023 deduction limit is $1,160,000 and there is a spending cap of $4,050,000. After the spending cap is reached, an 80% bonus depreciation is available for both new and used commercial vehicles.

Contact Ford of Claremont to Learn More about Section 179 Tax Deductions

All New Hampshire or Vermont businesses that purchase, finance, and/or lease new or used commercial vehicles during the 2023 tax year should qualify for the Section 179 deduction, as long as they spend less than $4,050,000. Contact Ford of Claremont, your commercial truck headquarters, and take advantage of these tax breaks today!