Section 179 Tax Deductions | Business Tax Deductions
Take your business's finances to the next level with Section 179 tax deductions. At New Brighton Ford, we take pride in helping our customers and fellow business owners get the most out of every penny. That is why we're excited to support you using Section 179 as part of your overall business financial plan.
We're more than a local Ford dealer. We're experts who understand what it takes to win. Visit New Brighton Ford today, and we'll assist you in protecting your business's bottom line.
What is Section 179?
Section 179 is an IRS tax code that allows businesses to deduct the cost of qualifying equipment in the year the equipment is placed into service. To qualify, new or used vehicles must be used for business purposes at least 50% of the time. Here are a few details you should know.
- Maximum deduction for 2026: $2,560,000
- Bonus Depreciation: 100% (Applies after Section 179)
- New and used vehicles qualify for Section 179
- Certain SUVs (6,000 - 14,000-pound GVWR): $32,000 max first-year Section 179
- Phase Out Begins: $4,090,000
- Fully Phased Out: $6,650,000
Key Advantages of Section 179
- Your business receives an immediate reduction of taxable income instead of writing off deductions, a little at a time.
- Improved year-end cash flow planning.
- The capability to reinvest your tax savings back into your business operations.
- You can choose from a variety of qualifying equipment to support your business objectives.
Qualifying Ford Models
Section 179 determines eligibility based on a vehicle's gross vehicle weight rating. This is a list of Ford models over 6,000 pounds that may qualify under this program.
- Ford F-150®
- Ford F-150 Lightning®
- Ford Super Duty®
- Ford Transit®
- Ford Explorer®
- Ford Expedition®
Reasons to Choose New Brighton Ford
Explore a great selection of vehicles when you shop at New Brighton Ford. If your goal is to take advantage of Section 179 business tax deductions, choosing our dealership is the right decision. We offer expert support, outstanding specials, and smooth financing processes that make it easy to add to your fleet. Let today be the day that you win. Shop at New Brighton Ford. We look forward to serving you.
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New Brighton Ford
1100 Silver Lake Road
New Brighton, MN 55112
- Sales: 877-442-7926