Section 179 Tax Deduction Businesses

 

Current tax regulations may allow you to expense up to 100% of your vehicle purchases during the first year of ownership.  Now is the time to purchase a new or additional vehicle(s) your business needs. Robert's Commercial Business Specialists are here to help you.  
A Ram® truck and Ram® Promaster van is generally considered Section 179 property for U.S. Federal Income Tax purposes. This means a taxpayer may elect to treat the cost of any Section 179 property as an expense, allowed as a deduction for the taxable year in which the property is placed in service. 

A qualifying business may expense up to $1,000,000 of Section 179 property during 2018.

Consult your tax professional to determine your vehicle depreciation and tax benefits or go to www.section179.org for more information.

Section 179 Tax Deduction Eligible RAM Vehicles  
RAM 1500 Reg Cab 
RAM 1500 Quad Cab 
RAM 1500 Crew Cab 5'7" Box 
RAM 1500 Crew Cab 6'4" Box 
RAM 2500 
RAM 3500 
RAM Chassis Cab 3500 
RAM Chassis Cab 4500 
RAM Chassis Cab 5500 
RAM ProMaster® 1500 
RAM ProMaster® 2500 
RAM ProMaster® 3500
RAM ProMaster® City Cargo Van
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