Section 179 Tax Deduction
near Walnut Creek, CA
There's never been a better time to invest in your company and add high-quality vehicles to your business fleet. When you buy to a new Super Duty® or a used Ranger truck at our Ford dealership near Walnut Creek, CA, our Ford financing team will explain exactly how the Section 179 tax deduction works. We’re standing by to help your business grow and thrive with the high-quality and reliable new Ford vehicles you deserve.
It's important to note that the F-250 or Ford Transit Connect Passenger Van you buy must be registered and put into service by December 31, 2021. You should preorder a Ford at your earliest convenience, as delivery times have been affected by supply chain issues. If you're ready to buy a new vehicle for your business, we can answer any questions you have about the commercial Ford trucks, cargo vans and large SUVs that qualify. Some of the eligible Ford vehicles include:
- Ford F-150
- Ford Super Duty®
- Ford Transit Connect vans
- Ford Transit Connect
- Ford Ranger
- Ford Expedition
2021 Section 179 Tax Deduction Details
- Deduction: Up to $1,050,000
- Bonus Depreciation: 100%
- Vehicle must be delivered and put into service by 12/31/2021
- Equipment purchases related to COVID-19 restriction compliance may be eligible
- Receiving pandemic-related financial assistance does not disqualify a business
2021 Section 179 Vehicle Requirements
- New or new-to-you (pre-owned qualifies)
- Purchased, not leased
- Used for business purposes at least 50% of the time
- Delivered and put in service before December 31, 2021
