Small Business Incentives

Section 179 Tax Savings

Come learn about how we can help you take advantage of national programs such as Section 179 Tax Savings. You have the chance to deduct up to $26,200* on a qualifying vehicle from your business’s gross income during a tax year all at once! In some instances, businesses may be able to deduct the full price of a vehicle.

To see if you qualify, or if you have questions about this program or any other program, contact us today at 210-866-7900 or shop our Sprinter and Metris inventory below!

Do Your Business Vehicles Qualify?

Your business may qualify to take advantage of Section 179 tax savings if you meet any of the following criteria:

  • Your business purchased or financed qualifying new or used business equipment, including business-use vehicles, during the 2020 tax year.
  • Put this equipment into service between January 1, 2021 and December 31, 2021
  • Used this equipment for business purposes more than 50% of the time
  • Spent less than $3,670,000 on this equipment

Please consult your tax advisor – limits may apply.

*$26,200 tax deduction for qualifying vehicles based on current Section 179 of U.S. tax code and maximum deduction permitted for such vehicles under Section 179. Vehicle must be purchased for business use. Please consult your tax professional for more information on applicability of deduction and whether you qualify for the maximum amount available. $5,502 tax savings based on 21% federal corporate tax rate and eligibility to claim full $26,200 IRS Section 179 tax deduction for qualified vehicles. Your tax rate and eligibility may vary. Please consult a tax professional for more information on your federal tax rate and potential tax savings available to you for qualifying purchases. This information does not constitute, nor is it intended to be, legal, tax, financial planning or investment advice and should not be relied upon as such. Federal tax depreciation deductions are subject to change without notice. For more information visit IRS.gov. Offer valid through December 31, 2021.