Zimbrick Automotive

Commercial Vehicle Tax Deduction

Small Business Tax Deduction for Commercial Vehicles


At Zimbrick, you'll find lots of ways to save on commercial and fleet vehicles. Our commercial vehicles qualify for Section 179 of the IRS tax code, which means you can potentially claim up to 100% of the purchase price this coming tax season.* You may also be eligible for other commercial vehicle incentive programs.

What is the Section 179 Tax Deduction?

Section 179 was created by the government to help small business owners. If a business buys, leases, or finances a qualified commercial vehicle, they may be eligible for tax savings. This makes it easier for businesses to acquire the assets they need to serve their customers.

Vehicles must meet the following criteria to be considered eligible for the tax deduction:

  • Title must be in the company's name.
  • Vehicle must be used for business at least 50% of the time.

 

Both new and used commercial vehicles are eligible, which gives business owners the chance to find exactly what they need. So whether you're interested in a small cargo van to transport equipment or a heavy-duty pickup truck to get around the jobsite, you can feel confident about making your purchase.

Ready to grow your fleet? Find out where to shop for Nissan, Chevrolet, GMC, and Mercedes Benz Commercial Vans in the Madison, Wisconsin, area: