Section 179 Tax Savings in Florida
If you're a business owner planning to upgrade your fleet, the Section 179 tax deduction at Posner Park Chrysler Dodge Jeep Ram FIAT® offers an excellent opportunity. This tax advantage allows you to write off up to the entire purchase cost of qualifying vehicles, so long as they're used for business purposes more than 50% of the time. And as a Certified Agriculture Dealership, we can offer exclusive benefits with our AgPack that can help you save thousands on farm and ranch equipment!
Learn More: Certified Agriculture Dealership
Dig a bit deeper into the Section 179 tax savings that are available for local businesses and let our team know if you'd like a closer look at one of our Ram pickup truck or Jeep SUV models. Stop by our Jeep and Ram dealership near Orlando for a test-drive!
Why Choose Section 179?
By investing in new and eligible vehicles, your business can claim significant tax savings. This incentive is perfect for both small- and medium-sized enterprises aiming to advance their operations. Visit us to explore your options and speak with our knowledgeable team about this valuable deduction.
Understanding the parameters of the Section 179 tax deduction is critical for maximizing your savings. Here are some insights on the deduction, spending caps and bonus depreciation:1
- 2025 Deduction Limit:1 $2,500,000
- Valid on new and used equipment (must be new to buyer), either purchased or leased.
- 2025 Spending Cap:1 $4,000,000
- Upon reaching this cap, deduction is reduced on dollar-for-dollar basis.
- Complete phase-out at $6,500,000
- 2025 Bonus Depreciation:1 100%
- 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.
Deduction details by weight and class:
- New & Used Vocational Trucks and Vans: Full Section 179 deduction available1
- Heavy SUVs & Trucks (Over 6,000 lbs. GVW): $31,300 maximum Section 1791
- Cars, Light Trucks & SUVs (Under 6,000 lbs.): $20,400 first-year maximum1
Eligible Vehicles for Section 179 Tax Savings
When you’re ready to enhance your fleet, consider the following eligible new Ram trucks and used Jeep SUVs at Posner Park Chrysler Dodge Jeep Ram:
- Ram 1500
- Ram 2500
- Jeep Grand Cherokee
Section 179 Tax Savings in Florida
For more detailed information on Section 179 tax savings, contact Posner Park Chrysler Dodge Jeep Ram FIAT today. Our friendly team is eager to assist you with any questions regarding eligibility, purchasing processes and more. And don't forget about the great savings you can enjoy with our AgPack offers as a Certified Agriculture Dealership!
Let us help you make the most of your business investments. Visit us or call to learn more about these significant savings opportunities!
Learn More: Why Buy from Us? | Compare Ram Trucks | Why Buy Used vs. CPO?
1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.