Big Tax Savings
2017 is your year to save with Crown CDJR Chattanooga! If you're a small business owner, you need to take advantage of Tax Section 179!
This deduction was designed to help small businesses purchase trucks and vans allowing customers to claim full purchase price of select RAM vehicles totalling up to $510,000 as a tax deduction.
To qualify, the eligible vehicle title must be in the company name and used for business related purposes 50 percent of the time.
Deduction Brackets
| Up To $25,000 of the purchase cost in the first year | Expense Up To 100% of the purchase cost in the first year up to the $510,000 aggregate dollar limitation |
|---|---|
| RAM 1500 Crew Cab 5'7" Box | RAM 1500 Reg Cab |
| RAM ProMaster® City Cargo Van | RAM 1500 Quad Cab |
| RAM 1500 Crew Cab 6'4" Box | |
| RAM 2500 | |
| RAM 3500 | |
| RAM Chassis Cab 3500 | |
| RAM Chassis Cab 4500 | |
| RAM Chassis Cab 5500 | |
| RAM ProMaster® 1500 | |
| RAM ProMaster® 2500 | |
| RAM ProMaster® 3500 |
Save Today!
Don't miss out on your chance for huge tax deductions! Visit Crown CDJR Chattanooga for more information, and to get started on up to $510,000 in tax deductions!
**ProMaster City passenger van may be eligible for up to $11,560 in total deductions in year 1. The listed property expensing restrictions provided in Section 280F do not apply to a vehicle that is considered to be a qualified nonpersonal use vehicle. A qualified nonpersonal use vehicle is by virtue of its nature or design not likely to be used more than a de minimis amount for personal purposes. For more information, see Income Tax Regulation Section 1.280F-6(c)(3)(iii), Income Tax Regulation Section 1.274-5(k)(7), Publication 946 - How to Depreciate Property and consult your tax advisor as to the proper tax treatment of all business-vehicle purchases. Must purchase vehicle before December 31, 2017.