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Get Your Tax Refund!

Did you purchase a rugged commercial vehicle during the course of this year? Then the staff at Portsmouth Ford is glad to say that you can experience Section 179 tax benefits! This deduction is offered through the Internal Revenue Service (IRS) and lets your business claim up to $1,250,000* in tax credits for new or pre-owned commercial vehicles, technology, software, or equipment bought during the calendar year. Taking advantage of this incredible refund is an outstanding way of growing your venture because you can put that money toward more helpful equipment or personnel. If you have not yet bought any of the items mentioned above, don’t fret, because you still have until the end of this year to participate in this awesome incentive and choose from among our eligible Section 179 vehicles*. We cannot wait to help your enterprise reach the next level, so contact us today!

How Section 179 Works

Whatever business that uses commercial vehicles — such as the dependable Ford Transit van or the titanic Ford Super Duty F-450 — for more than 50% of its operation qualifies for Section 179 tax benefits. The final purchase price of eligible work models or software, all the way up to $1,250,000 and obtained during the year can be deducted from the total income of your venture. You can also add a stellar 100% depreciation bonus on new commercial or pre-owned rides for the rest of the calendar year! This incentive not only promotes the expansion of hardworking businesses like your own, but also encourages reinvesting for your future. As well, if you're looking to add SUVs to your business fleet, you can claim a maximum deduction of up to $31,300. Make sure you contact our finance professionals for more details and to find a great Section 179 vehicle!

Section 179 Tax Benefits

Here at Portsmouth Ford, we are ready to help you enjoy the full range of the Section 179 tax deduction. We encourage you to peruse our inventory of mighty Ford commercial offerings, from heavy-duty trucks to spacious vans that can contain all of your tools, and hear about which ones could be considered a Section 179 vehicle. Don’t delay with experiencing this unbelievable deduction. Talk to our knowledgeable team about how you can take advantage of Section 179 tax benefits and begin transforming your business today!

*See dealer or a tax professional for complete details.