Mercedes-Benz Section 179 Tax Deductions
Looking for another reason to get a Mercedes-Benz van for your business?
Along with advanced technology and impressive cargo and passenger space, you can get a Section 179 Tax Deduction of up to $30,500*— that’s up to $6,405 of tax savings.* That’s not a bad perk.
Section 179 allows qualifying businesses to deduct up to the full purchase price of certain new or used vehicles, equipment, and/or software purchased and placed into service during the tax year.
This can be especially helpful for businesses that want their tax savings immediately instead of receiving them over time through depreciation. It also allows many to purchase the fleet vehicles they need right away rather than waiting.
Take advantage of this incredible opportunity for your business today.
How do I qualify?
- You own a business that purchased or financed qualifying new or used business equipment, including certain business-use vehicles, during the 2023 tax year.
- That equipment was put into service between January 1, 2024, and December 31, 2024.
- You used this equipment for business purposes more than 50% of the time.
- Less than $4,270,000 was spent on this equipment.
How much could I deduct?
These are the limits:
- You cannot write off more than $1,220,000.
- The total amount of the equipment purchased cannot be more than $3,050,000. It phases out dollar-for-dollar after that, so once $4,270,000 is spent, the deduction goes away entirely.
Engineered to perfectly suit your professional needs, the Mercedes-Benz Sprinter Vans at Mercedes-Benz of Kalamazoo are designed to go the extra mile for your business every single day—just like you.
Whether you’re looking for power and organization or style and spacious seating, Mercedes-Benz of Kalamazoo has you covered.
These exceptional vehicles are available in a variety of body styles, configurations, and heights to meet the unique needs of your business.
Our Mercedes-Benz Van and Cab Lineup Includes:
Sprinter Worker Cargo Van
Sprinter Cargo Van
Sprinter Crew Van
Sprinter Passenger Van
Sprinter Cab Chassis
Feel free to give us a call at 248-900-4770 or contact us below for more information or to learn how your business can qualify for our Mercedes-Benz 179 Tax Deduction incentives.
* Please consult your tax professional to find out if you qualify for the full amount. $6,069 tax savings based on 21% federal corporate tax rate and eligibility to claim full $28,900 IRS Section 179 tax deduction for qualified vehicles. Your tax rate and eligibility may vary. Please consult a tax professional for more information on your federal tax rate and potential tax savings available to you for qualifying purchases. This information does not constitute, nor is it intended to be, legal, tax, financial planning or investment advice and should not be relied upon as such.
$28,900 tax deduction for qualifying vehicles based on current Section 179 of U.S. tax code and maximum deduction permitted for such vehicles under Section 179. Vehicle must be purchased for business use. Please consult your tax professional for more information on applicability of deduction and whether you qualify for the maximum amount available. Please consult a tax professional for more information on your federal tax rate and potential tax savings available to you for qualifying purchases. This information does not constitute, nor is it intended to be, legal, tax, financial planning or investment advice and should not be relied upon as such.
For more details, visit www.mbvans.com/en/section-179-tax-deductions and www.irs.gov.