What is the Tax Incentive for a New Company Vehicle?

If you’re the owner or operator of a company that requires the use of a work or passenger van, you can take advantage of a unique IRS tax code that allows you to upgrade your van and enjoy a large tax deduction for doing so. Mercedes-Benz of Buckhead is offering to help our Atlanta-area commercial vehicle owners learn more about this unique tax break so you can upgrade your fleet and save big at tax time.

IRS Section 179

In simple terms, Section 179 of the IRS tax code will allow commercial vehicle buyers to deduct up to the full purchase price of a new work van during the tax year. This allows you to take the amount directly out of your gross income for the year just for upgrading to a new Mercedes-Benz Metris or Sprinter van.

Requirements for IRS Section 179

It’s important to know exactly which vehicles qualify for this tax incentive so you don’t mistakenly make the wrong purchase. To qualify, your new vehicle must have a gross weight of 6,000 pounds to 14,000 pounds and it must be a brand new model put into service by December 31st.

How to Qualify for the Tax Deduction

Decatur and Stone Mountain commercial van buyers can qualify for up to a $25,000 tax deduction by purchasing a new Mercedes-Benz Metris or Sprinter van and adding it to your fleet before the end of this year.

About Mercedes-Benz Work Vans

While performance and luxury are hallmarks of the Mercedes-Benz brand, we also create dependable workhorses that go above and beyond to help you get the most out of your business.

A Mercedes-Benz Sprinter offers several unique configurations from passenger-focused transportation to a complete cargo van setup. You can even find unique additions such as ladder racks, interior storage solutions, and more. Whatever your business is, there is a Sprinter configuration to help you get more out of your van.

If you’re looking for something slightly smaller, the Mercedes-Benz Metris is here for you. Offering a similar level of flexibility and custom configurations, we’ll help you find the perfect van to make whatever you do easier than ever.

Visit Our Dealership Today!

Get up to a $25,000 tax deduction when you purchase a new Mercedes-Benz work van for your Atlanta-area commercial business. Our dealership will walk you through the available models and configurations so you can get the perfect van for your business today!

Categories: New Inventory, News
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