2025 Section 179 Business Tax Deduction
Section 179 Tax Savings on Ford Vehicles in Bemidji, MN
For many businesses, a vehicle isn't just transportation-it's an essential tool. With Section 179 of the IRS tax code, you can write off the full purchase price of qualifying new or used Ford vehicles placed into service during the tax year. Instead of depreciating your investment over several years, you receive the benefit all at once, which can provide a significant boost to cash flow.
Deduction Limits for 2025
This year, Section 179 allows businesses to deduct up to $1,220,000 in qualifying equipment and vehicle purchases. It's important to note that the available deduction will gradually decrease if total purchases exceed $3,050,000.
Qualifying Ford Vehicles
To be eligible, vehicles must be used for business at least 50% of the time and placed into service during the tax year. Ford offers a wide range of options that qualify under Section 179, including:
- Ford Super Duty trucks like the Ford F-250, F-350, F-450, etc.
- Commercial vans like the Ford Transit and E-Transit
- SUVs with a GVWR exceeding 6,000 pounds, such as the Ford Expedition, Explorer, and some four-door Bronco models
Passenger vehicles with GVWRs under 6,000 pounds may also qualify, but deduction limits are capped at $12,200 for the first year of use.
Why Use Section 179 for Your Business?
The immediate deduction reduces taxable income, freeing up capital that can be reinvested in daily operations, new employees, or additional growth opportunities. Construction firms, delivery services, healthcare providers, and many other industries regularly use Section 179 to maximize their investments in reliable work vehicles.
Learn More About Section 179 Tax Savings at Bob Lowth Ford
If you're considering a new Ford truck, van, or SUV for your business, Section 179 can make the decision even more beneficial. Visit Bob Lowth Ford in Bemidji to explore our commercial lineup and learn which vehicles qualify for this valuable tax incentive. It will be our pleasure to assist you.
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Bob Lowth Ford
3010 Bemidji Ave
Bemidji, MN 56601
- Sales: (218) 751-3140
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