Ram Section 179 Tax Deduction in Bay City, MI
Businesses across Michigan count on commercial vehicles to maximize productivity, efficiency and results. Choosing a new Ram, Jeep, Chrysler or Dodge vehicle for your fleet isn't just about getting reliable transportation -- it's also an opportunity to strengthen your company's bottom line.
Through the Section 179 tax deduction, business owners can potentially write off a significant portion of their vehicle purchase at our Ram dealership near Saginaw, freeing up capital to invest back into operations, equipment or workforce needs.1 Learn all about eligibility, included models and how you can take advantage of Section 179 in Michigan with us!
What Is the Section 179 Tax Incentive?
Section 179 is an IRS tax code designed to help small- and medium-sized businesses invest in their future. It allows the cost of qualifying business equipment -- such as commercial vehicles -- to be deducted immediately, rather than depreciated over several years.1 If you use your truck, van or SUV for business purposes more than half the time, you may qualify for substantial first-year deductions. This incentive can help improve long-term productivity and make upgrading or expanding your fleet a smarter financial decision.
Thelen Chrysler Jeep Dodge Ram works with local businesses to clarify eligibility and streamline the purchase process, ensuring you can make the most out of Section 179's unique benefits.
What Are the Section 179 Tax Deduction Limits for 2025?
With Section 179, companies can claim significant tax breaks through 2025. Here are the main figures to keep in mind:
- 2025 Deduction Limit: $2,500,0001
- Good on new and used equipment (as long as new to the buyer)
- Purchased or leased
- 2025 Spending Cap: $4,000,0001 -- This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar-for-dollar basis (making it a true small-business incentive)
- Deduction begins to be reduced on a dollar-for-dollar basis -- this cap is what makes it a "small business tax incentive"
- Complete phase-out at $6,500,000
- 2025 Bonus Depreciation: 100%1
- Defined as: a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets
- Generally taken after the Spending Cap is reached
- Applies to new and used
- Must be purchased and put into use before Dec 31, 20251
- Must be used for business purposes more than 50% of the time
- Must be titled in the company's name (not the company's owner's name)
Have questions about Jeep financing in Michigan or maximizing your company's deduction? Our commercial financing experts can answer any questions and match you with the best plan for you.
Deduction details by weight and class: Full Section 179 deduction available1
- Heavy SUVs & Trucks (Over 6,000 lbs. GVW): $31,300 maximum Section 1791
- Cars, Light Trucks & SUVs (Under 6,000 lbs.): $20,400 first-year maximum1
Which CDJR Models Qualify for Section 179?
Several new Ram, Chrysler and Jeep vehicles may qualify for Section 179 tax savings if purchased primarily for business use.1 Some of the most popular include:1
- Ram 1500
- Ram ProMaster®
- Ram 2500
- Ram 3500
- Jeep Gladiator
- Jeep Grand Cherokee
- Jeep Wrangler
- Wagoneer
- Chrysler Pacifica
Weight, use and configuration can impact eligibility and deduction amounts. Reach out to our dealership team for detailed guidance on which models offer the best fit for your business goals.
Commercial Ram Trucks Near Me
Upgrading your business fleet with a reliable Ram, Jeep or Chrysler vehicle can improve both efficiency and cost-effectiveness. Browse our inventory of new commercial Ram trucks and vans online, then contact Thelen Chrysler Jeep Dodge Ram in Bay City to learn more about Section 179 tax incentives.
We're committed to helping local businesses succeed, helping every step of the way, from vehicle selection to maximizing your tax deduction for 2025!
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1 Information accurate as of the publishing date. Please consult Section179.org for the most up-to-date details.