Section 179 Tax Savings Commercial Vehicles TX
Section 179 Tax Savings on Commercial Vehicles in Texas
At Luke Fruia Motors, we are committed to helping businesses in Texas maximize their investments. Take advantage of Section 179 Tax Savings to upgrade your fleet with new or used commercial vehicles and save on your taxes. This provision allows qualifying businesses in San Benito, Rancho Viejo, and beyond to deduct the full purchase price of eligible vehicles during the tax year, making it an excellent opportunity to enhance your operations while reducing your tax liability.
What Is Section 179?
Section 179 of the IRS tax code is designed to encourage businesses in Harlingen to invest in their growth. It allows businesses to deduct the cost of equipment and vehicles purchased or financed during the year. For commercial vehicles, this can include cargo vans, heavy-duty trucks, and other work-ready vehicles with a gross vehicle weight rating (GVWR) above 6,000 pounds.
Commercial Vehicles That Qualify
At Luke Fruia Motors, we offer a range of commercial vehicles that may qualify for Section 179, including:
- Chevrolet Silverado 1500 and 2500 HD trucks for tough towing and hauling jobs.
- Chevrolet Express cargo and passenger vans for transporting goods or your team.
- GMC Sierra 1500 and 2500 HD trucks, combining capability with modern comfort.
Benefits of Section 179
- Immediate savings: Deduct the purchase price in the current tax year.
- Flexibility: Applies to both new and pre-owned vehicles.
- Investment growth: Free up cash flow to reinvest in your business.
Start Saving Today
Our team at Luke Fruia Motors is here to guide you through the process of selecting and financing the right commercial vehicle for your business. Visit us near Edinburg and McAllento explore our inventory or contact us to learn how you can take full advantage of Section 179 Tax Savings before the end of the tax year.
