Section 179 Tax Deductions Program
Jeep & Ram Section 179 Tax Deduction
If you're trying to save on costs and get your growing business to the next level, Dan Cummins Chrysler Dodge Jeep Ram will proudly help you learn about vehicles that are eligible for Section 179 tax savings. What is the Section 179 Tax Deduction? It's a tax code designed by the U.S. government to assist small-to-medium-sized businesses. Thanks to the Section 179 deduction, you may be able to write off the cost of vehicles that are used for business purposes more than 50% of the time. The deadline to put your work truck or commercial van into service and qualify for the current Section 179 tax year savings ends December 31, 2023, so act fast and head to our Ram dealership in Paris, KY, to explore our inventory of eligible vehicles.
Which Ram & Jeep Vehicles Qualify for Section 179?
- Ram 1500
- Ram 2500
- Ram 3500
- Ram ProMaster®
- Jeep Gladiator
- Jeep Grand Cherokee
- Jeep Wrangler
If you want to review all of the Section 179-eligible vehicles for sale on our lot, visit our Paris Ram dealer to check out our heavy-duty commercial trucks, SUVs and vans that meet the requirements for Section 179. We have all types of new Ram trucks and Jeep SUVs that are perfect for any business.
What Is the Section 179 Limit for 2023?
Businesses can write off up to $1,160,000 for the 2023 tax year. Have any questions about the 2023 Section 179 tax deduction? Contact Dan Cummins Chrysler Dodge Jeep Ram and speak with our experts to learn more. We also recommend that any businesses interested in tax incentives consult a tax professional before making a purchase.
To get started, browse our Jeep SUVs and heavy-duty Ram trucks online. Once you've selected the new Ram 1500 or Jeep Gladiator model that fits your needs, you can work with our team to explore financing options and discuss Section 179 tax benefits!