All American Ford in Old Bridge

Ford Section 179 Tax Savings

2023 Ford E-Transit™ parked in driveway with woman standing near it

Section 179 Tax Deduction

If you’re thinking about investing in your business before the end of the year, we want to tell you about the Section 179 tax deduction. This tax break was created by the government to support small and growing companies that need vehicles and equipment to elevate business operations.

When you buy a used Ford Super Duty® truck or a new Transit in Old Bridge for work purposes, you can claim the Section 179 tax rebate. We’ll help you find a vehicle that fits the Section 179 qualifications at our Ford dealer in Old Bridge. Drive home in an F-350 or Ford Transit Cargo van today.

What Are the 2023 Section 179 Deduction Limits?

If you want to claim savings with the 2023 Section 179 tax deduction, then turn to the professionals at our local Ford dealer today. The 2023 Section 179 Deduction limits are as follows:

  • 2023 Deduction Limit: $1,160,000 -- applicable for new and used equipment (must be new to the purchaser).1
  • 2023 Bonus Depreciation: 80% -- valid for new and used equipment.1
  • Passenger vehicles (including pickups or heavy SUVs) weighing between 6,000 and 14,000 pounds are eligible for a maximum first-year deduction of up to $28,900 in 2023.H21

When you buy a new or used Ford truck, SUV or commercial vehicle, you can write off at least the partial purchase price of qualifying vehicles -- what matters most is that the vehicle is new to you. You can take advantage of Section 179 tax savings so long as the vehicle is put into service by end of day on December 31, 2023.

Which Ford Vehicles Does Section 179 Apply To?

If you want to upgrade to a new Ford work truck or commercial van, then you'll be happy to learn that there are several vehicles that are eligible for this exciting tax saving. The following Ford models qualify for the Section 179 tax rebate:

Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Prices include all costs to be paid by a consumer, except for licensing costs, registration fees, and taxes. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.