Save with the Section 179 Tax Deduction in Massillon, OH

Attention Business Owners
Expense Up To $25,000
On Your Next Commercial Vehicle Purchase

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Save with the Section 179 Tax Deduction in Massillon, OH

VIEW INVENTORY See If You Qualify Commercial Vehical Information

If you own a small or medium-sized business in the Greater Akron area, you can save on the tools you need for your operation to run smoothly with the Section 179 Tax Deduction. Every penny counts when you’re a small-business owner, and a tax break like this could be exactly what you need to get your business off the ground. Whether you’re searching for a new Ram commercial truck to haul all your supplies, or you want to invest in a Jeep SUV that can carry your crew through Ohio and beyond, we’ll have just what you need at our Chrysler dealership in Massillon, OH. Shop our selection of commercial trucks and vans, as well as regular vehicles that will benefit your business right now.

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You have your choice of two different engine options with the 2018 Honda Accord – either a standard 1.5-liter engine or a spirited 2.0-liter Turbocharged 4-cylinder engine. The optional 10-speed automatic transmission gives you smooth acceleration, and for an eco-friendly driving experience, you can choose to buy or lease the 2018 Honda Accord Hybrid. This model gives you access to a two-motor hybrid powertrain for maximum efficiency.

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We’re happy to teach you more about which vehicles are eligible for the Section 179 Tax Deduction when you stop by our dealership, but just to give you an idea, there are specific guidelines you must follow. To start, an eligible company must have been founded in 2014 or earlier, and it must have been in business for at least two years. In order to take advantage of the tax deduction, both the owner of the company and the company itself must have a good credit standing, and the vehicle or fleet of vehicles must be purchased in the company’s name. Vehicles intended for company use should not be purchased in the business owner’s name.

If you’re planning on purchasing a vehicle or fleet of vehicles for your business, know that the total deduction for depreciation – including the Section 179 deduction and the Bonus Depreciation – is limited to $11,060 for cars or $11,160 for trucks and vans. If you’re buying a truck, SUV or van with a GVWR of more than 6,000 pounds, it’s eligible for expensing up to $25,000.