If you're a business owner looking to expand your fleet with new vehicles, consider the Section 179 tax deduction at Mike Willis Ford. Our Ford dealership near Lake Charles offers a wide range of commercial Ford trucks and vans, many of which qualify for this advantageous tax benefit. By utilizing Section 179 tax deduction, you can significantly reduce your taxable income while investing in reliable Ford vehicles that enhance your business operations.
What Is Section 179?
Section 179 is a tax code designed to encourage businesses to invest in new Ford vehicles and equipment by allowing them to deduct the full purchase price of qualifying assets. To take advantage of this tax benefit, the vehicles must be purchased and put into service by December 31, 2025.1 Visit our nearby Ford dealer to explore eligible options and start the process today!
Eligible Ford Models for Section 179
Both new and used Ford models for sale in Sulphur can qualify for the Section 179 tax deduction, provided they are new to you. Vehicles primarily used for business purposes may be eligible for full or partial deductions. Here are some Ford models that typically qualify:
- Ford F-150
- Ford Super Duty®
- Ford Transit Cargo Van
- Ford Transit Passenger Wagon
- Ford Expedition
- Ford Expedition MAX
These are just a few of the Ford vehicles that can help you leverage Section 179 tax savings. For a comprehensive list and more details on vehicle eligibility, contact Mike Willis Ford to speak with a member of our team.
Section 179 Tax Deduction Limits for 2025
Created to help small- and medium-sized businesses save on company expenses, the Section 179 tax deduction does come with spending limitations. Limits for the 2025 Section 179 tax deduction include:1
- 2025 Deduction Limit:1 $1,250,000 - Valid on new and used equipment (must be new to buyer), either purchased or leased.
- 2025 Spending Cap:1 $3,130,000 - Upon reaching this cap, deduction is reduced on dollar-for-dollar basis.
- 2025 Bonus Depreciation:1 40% - This tax benefit enables a business to deduct a substantial percentage of the purchase price of qualifying assets immediately. Typically claimed after the Spending Cap is achieved. Applicable to both new and used vehicles.
Shop Commercial Ford Vehicles Near Lake Charles, LA
Browse our selection of new Ford commercial vehicles online, then visit our Louisiana Ford dealership to discover how you can enhance your business fleet and benefit from tax savings. Our knowledgeable sales team is here to guide you through every step, ensuring you maximize the advantages of the Section 179 tax deduction. Drive away in a new Ford F-150 or Super Duty® truck in Sulphur when you shop at Mike Willis Ford!
Learn More:Why Buy at Mike Willis Ford
1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.