Ram Commercial Truck Tax Benefits
Shop Ram Commercial Trucks at Roberts CDR
Both small and large businesses rely on commercial vehicles to keep their products, services, and employees on the move. Ram is at the forefront of the commercial vehicle industry, offering a wide selection of vehicles from vans to heavy-duty trucks, various upfittings, and custom graphics. But there's another reason Ram is the best choice for commercial vehicles. And that reason is the tax breaks that are offered. Ram commercial vehicle owners can get up to 100% of the total purchase price of select Ram commercial vans and trucks when they file their 2021 taxes. Continue reading below to learn more about Ram commercial trucks and the tax breaks you can get when you buy one!
Why choose Ram Commercial
Many businesses trust Ram trucks to get the job done, from delivery services to waste disposal and everything in between. The Ram Chassis Cab is built with versatility in mind offering many upfits to be placed on the chassis, from a large landscaping body upfit to an electrical lineman bucket truck body. If your business requires more towing capability, the Ram Heavy Duty lineup is where you should look. The Ram 2500 models can haul up to 20,000 pounds, depending on the engine you choose. Meanwhile, the Ram 3500 can tow up to 37,090 pounds, with the Cummins TurboDiesel engine offering 1,075 pound-feet of torque. Many delivery and communication services choose the ProMaster van lineup. These boast up to 460 cubic feet of cargo space for anything your business needs! Here at Roberts Chrysler Dodge Ram, we have a wide selection of Ram commercial trucks in-stock and ready for you to take home. If you don't see the right one for you or you need a specific upfit, our knowledgeable sales personnel can help you order the perfect truck for your business.
Section 179
Ram Commercial vehicles are seen as a Section 179 property on federal income taxes. Section 179 allows the taxpayer to treat the cost of qualifying property as a business expense for the tax year. For example, a qualified business can spend up to $1,050,000 on Section 179 property during the 2021 tax year. We strongly recommend speaking with your tax advisor about your upcoming tax benefits and your Ram's depreciation.
Section 168(k)
Most vehicles in the Ram commercial lineup are deemed as qualified property in Section 168(k) for federal tax purposes. For Ram Commercial vehicles, this means that the taxpayer can treat the vehicle's cost as an expense that allows for a deduction in the tax year it was purchased and placed in service. Again, you should consult with your tax professional about accessing these benefits.
Shop Ram Commercial inventory at Roberts CDR
Many business owners choose Ram Commerical vehicles to keep their businesses running smoothly because of their convenience features, cargo space, towing capabilities, and tax benefits. So if you're ready to get your business on the move, then come check out the Ram commercial vehicle inventory at Roberts CDR! Our friendly sales team is prepared to help you find the perfect vehicle for your business needs and walk you through the ordering process if need be. We look forward to working with you!