Section 179 Vehicles List: Tax Deductions For Heavy Vehicles

January 14th, 2019 by

What is the Section 179 Deduction?

The Section 179 deduction allows small business owners and the self-employed in Rifle, Glenwood Springs, and Grand Junctions Colorado to deduct the full price of specific equipment such as heavy vehicles.

What Section 179 Vehicles Qualify for the Full Deduction?

Vehicles that weigh more than 6,000 pounds but less than 14,000 pounds qualify for the Section 179 deduction.

That weight limitation applies to your business truck, van or vehicle with a truck base (like most SUVs). The unloaded weight is the vehicle’s weight without any passengers or cargo.

Trucks that weigh 14,000 pounds or less fully loaded are subject to the same rules as passenger automobiles unless the vehicles are not likely to be used for personal purposes. In that case, the vehicles are not considered passenger automobiles, and the limitations on depreciation don’t apply.

SUV’s, trucks, vans, and other vehicles that don’t qualify as passenger automobiles are not subject to the IRS limits and can take full depreciation deduction each year. Using bonus depreciation and or Section 179, you may be able to deduct all or most of the cost of such a vehicle in a single year.

This is a potentially massive deduction for business people who purchase heavy SUVs, Trucks, and Vans for their businesses.

List of Section 179 Vehicles

Here is the list of section 179 vehicle Columbine Ford has in stock and their weight.

Ford Expedition 7260
Ford Expedition EL 7500
Ford Explorer 6160
Ford F-150 6010
Ford F-250 9950
Ford F-350 10000
Ford F-450 14000

Posted in Ford Info