NOW is the time to purchase any vehicles needed for your business. Current tax regulations may allow you to expense up to 100% of your truck purchase during the first year of ownership.
SECTION 179 FIRST-YEAR EXPENSING
A Ram Truck is generally considered Section 179 property for U.S. Federal Income Tax purposes. What does this mean? It means that a taxpayer can treat the cost of any Section 179 property as an expense, which is allowed as a deduction for the taxable year in which the property is placed in service. A qualifying business is able to expense up to $500,000 of Section 179 property during 2017.
Consult your tax professional to detemine your vehicle tax benefits and depreciation.
POTENTIALLY ELIGIBLE VEHICLES INCLUDE:
RAM 1500 Reg Cab
RAM 1500 Quad Cab
RAM 1500 Crew Cab 6'4" Box
RAM Chassis Cab 3500
RAM Chassis Cab 4500
RAM Chassis Cab 5500
RAM ProMaster® 1500
RAM ProMaster® 2500
RAM ProMaster® 3500
RAM 1500 Crew Cab 5'7" Box
RAM ProMaster® City Cargo Van
Questions? Contact us below, or CLICK HERE to view Commercial Vehicle Inventory