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Make tax savings part of your plan

Get up to $25,000 in tax deductions.

Section 179 Tax Savings

WHAT DOES THE 179 TAX SAVINGS DO FOR ME?

It gives you a chance to deduct up to $25,000 of a qualifying vehicle from your business’s gross income during that tax year—all at once.

In some cases you may even be able to deduct the full purchase price of your vehicle. (Please consult your tax professional to find out if you qualify for the full amount).

It’s especially helpful for small businesses who want their tax savings right away, rather than receiving them bit by bit over time through depreciation.

It gives many businesses the financial leeway to purchase vehicles they need right away, rather than waiting

Mercedes-Benz Commercial Vans Tax Savings
Mercedes-Benz Commercial Vans Deductions
Section 179 Tax Savings

DOES MY BUSINESS QUALIFY TO GET THIS DEDUCTION?

You may qualify if you:

Are a business that purchased or financed new or used business equipment—including business-use vehicles—during the 2019 tax year
Put this equipment into service between January 1, 2019 and December 31, 2019
Used this equipment for business purposes more than 50% of the time
Spent less than $3,500,000 on this equipment

Section 179 Tax Savings

WHAT ARE THE DOLLAR AMOUNT LIMITS ON CLAIMING THIS TAX SAVINGS?

These are the limits:

You cannot write off more than $1,000,000
The total amount of the equipment purchased cannot be more than $2,500,000. It phases out dollar-for-dollar after that, so once $3,500,000 is spent, the deduction goes away entirely.

Mercedes-Benz Commercial Vans Savings Potential

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