Section 179 Tax Benefits
Section 179 Tax Deductions | Build a Stronger Business
Helping your business thrive is something that the team at Bob Lowth Ford is committed to achieving. With Section 179 business tax deductions and our dealership in your corner, you'll discover that there are many possibilities that will help your business grow. Let us help you protect your business's bottom line. Contact the team at Bob Lowth Ford to discover more.
What is Section 179?
Section 179 is an IRS tax code that is designed to help businesses scale their operations with qualifying and tax-deductible equipment. When you take advantage of this tax code, you're able to purchase vehicles for your business and may be able to write off up to 100% of the cost of the equipment in the year it's placed into service.
To qualify, the vehicle you purchase or lease must be used for business purposes at least 50% of the time. To learn more about this valuable program, follow along, and we'll be happy to help you discover how Section 179 works.
- Maximum deduction for 2026: $2,560,000
- Bonus Depreciation: 100% (Applies after Section 179)
- New and used vehicles qualify for Section 179
- Certain SUVs (6,000 - 14,000-pound GVWR): $32,000 max first-year Section 179
- Phase Out Begins: $4,090,000
- Fully Phased Out: $6,650,000
Key Advantages of Section 179
- Immediate Write-Offs: Your business receives an immediate reduction of taxable income instead of writing off deductions, a little at a time.
- Financial Stability: Improved year-end cash flow planning.
- Grow Your Business: The capability to reinvest your tax savings back into your business operations.
- Get the Equipment You Need to Win: You can choose from a variety of qualifying equipment to support your business objectives.
Qualifying Ford Models
Here is a list of Ford models over 6,000 pounds that may qualify under this program.
- Ford F-150®
- Ford F-150 Lightning®
- Ford Super Duty®
- Ford Transit®
- Ford Explorer®
- Ford Expedition®
Take Advantage of Section 179 Business Tax Deductions Today
Contact us online or call our dealership to learn more about Section 179 and how it can benefit your business. Our knowledgeable and caring professionals have a wealth of knowledge that we're excited to share with you. Let the team at Bob Lowth Ford show you the difference having a great dealership in your corner can make. We look forward to serving you.
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Bob Lowth Ford
3010 Bemidji Ave
Bemidji, MN 56601
- Sales: (218) 751-3140
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