Matthews-Currie Ford

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2019 Section 179 Vehicle Tax Write-Off For Qualifying Businesses*

 

Write-Off Up To The Entire Purchase Cost On:

  • F-150
  • F-250/F-350 Super Duty®
  • Ranger
  • Transit (Cargo & Passenger Vans)
  • Expedition
  • Explorer (V6 Engines Only)

(Applies to trucks, vans and SUVs rated over 6,000 lbs. GVWR)

Write-Off Up To $18,100 Of The Purchase Cost On:

  • Transit Connect (Cargo & Passenger Vans)
  • Escape
  • Edge
  • Explorer (4-Cylinder Engines Only)

 

What is the Section 179 Deduction?

Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. That means that if you buy (or lease) a piece of qualifying equipment, you can deduct the FULL PURCHASE PRICE from your gross income. It’s an incentive created by the U.S. government to encourage businesses to buy equipment and invest in themselves. Visit www.section179.org for details.

*This analysis is provided by Matthews-Currie Ford as a public service to its customers. It should not be considered as tax advice or as a promise of potential tax savings or reduced tax liability. Consult your tax professional prior to any vehicle transaction. For more information about any vehicle write-offs, contact your tax professional and visit the Internal Revenue Service website at irs.gov.