Reap the Tax Savings with Section 179 Deductions for Qualifying New Mercdes-Benz Vehicles Near San Francisco
Attention small business owners throughout the Bay Area: Select Mercedes-Benz vehicles available at Autobahn Motors are eligible for tax deductions under Section 179. Significant tax savings are yours for the taking. Purchase or lease a qualifying Mercedes-Benz vehicle - driven for company use - to take advantage of this powerful business tax incentive. This tax credit is your ticket to premium transportation.
What Is Section 179?
Section 179 of the tax code is designed to incentivize businesses to invest in vehicles and equipment. The tax deduction must be claimed in the first year of purchase - whether you buy or lease an eligible Mercedes-Benz vehicle. Under Section 179, the Mercedes-Benz vehicle must be used for business purposes at least 50 percent of the time. Tax deductions are limited to the percentage of business use. You don't have to spread the vehicle deprecation over multiple years; immediately expense the cost of a qualifying vehicle in the year it is placed into service.
Mercedes-Benz vehicles must have a GVWR (Gross Vehicle Weight Rating) of at least 6,000 pounds to qualify for this tax deduction centered on small businesses and their growth. The tax deduction cannot exceed any business's net taxable income. Is your business growing and in need of premium transportation? Know that there are tax benefits to take advantage of through our Bay Area Mercedes-Benz dealer.
