Purchase company vehicles
Use affordable capital for your purchases.Business owners have used Section 179 for vehicle purchases and have grown their business substantially.
Vehicles used in your businesses qualify – however, certain passenger vehicles have a total depreciation deduction limitation of $11,060, while other vehicles that by their nature are not likely to be used more than a minimal amount for personal purposes qualify for full Section 179 deduction.
Here are the general guidelines for using the Section 179 Deduction for vehicle purchases (full policy statement available at: IRS.gov ).
Need Section 179 Qualified Financing for a vehicle?
- Companies founded in 2014 and prior (minimum two years time-in-business) qualify.
- Both the company and the owners must have good credit.
- Vehicles will be titled in the company name (not the in company owner’s name).
If the above two requirements are met: Apply Here to Qualify for Financing