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Under Section 179, certain types of vehicles can be written off as equipment expenses for your business. If you purchase an SUV with a GVWR of 6,000 to 14,000 pounds, for example, you can take a tax deduction of up to $25,000*! Other types of commercial vehicles, such as a classic cargo van, qualify for a full tax deduction, depending on their dimensions, seating, etc. In the Mercedes-Benz lineup, you’ll find a wide selection of vehicles that qualify for a Section 179 deduction, including the GL-Class SUV, G-Class SUV, and GLS SUV, as well as the Sprinter Vans, Minibus, and Cab Chassis!
When you purchase a commercial vehicle and put it to use before December 31, you have the option of taking a Section 179 tax deduction on it for the year. If you and your tax advisor agree that Section 179 is a viable tax code for you, you’ll enjoy a number of helpful business advantages:
Here at Mercedes-Benz of Honolulu, you’ll find an outstanding selection of work-ready SUVs and Sprinter models. For an up close look, visit our dealership at 818 Kapiolani Boulevard in Honolulu, HI. To schedule a test drive, contact our sales team at (808) 592-5600 between the hours of 8:30 a.m. and 7:00 p.m. Monday through Friday, or 9:00 a.m. and 6:00 p.m. on Saturday!
*Please consult with your tax advisor for more details.