Experience Luxury In Your New Mercedes-Benz
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Section 179, a business tax code, is a useful tool that offers tax deductions on select business equipment – such as vehicles – as an alternative to asset depreciation. It gives you a chance to deduct up to $25,000 of a qualifying vehicle from your business’s gross income during that tax year—all at once. In some cases you may even be able to deduct the full purchase price of your vehicle. (Please consult your tax professional to find out if you qualify for the full amount). It’s especially helpful for small businesses who want their tax savings right away, rather than receiving them bit by bit over time through depreciation. It gives many businesses the financial leeway to purchase vehicles they need right away, rather than waiting.
You may qualify if you:
The limits are:
Thanks to Section 179, you can enjoy a tax write-off on the efficient yet heavy-duty vehicle you need to earn a living. Fortunately, you needn’t look any further than the Mercedes-Benz lineup for the ideal addition to your business. The Sprinter is offered in Cargo and Passenger Van variations, as well as a Cab Chassis, while plenty of Mercedes-Benz SUVs meet Section 179’s 6,000- to 14,000-pound GVWR requirement. Whether you’ve got your eye on the vigorous GLS and GLE SUVs, the tried-and-tested G-Class SUV, or the ultra-customizable Sprinter family, you can receive a business tax deduction of up to $25,000!*
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