Section 179 Tax Deductions

Vans that deliver, even a huge tax break.

Your business could deduct up to $28,900in Section 179 deductions - that's up to $6,069 in savings!
Section 179 Tax Savings

Section 179 of the I.R.S. tax code offers significant deductions on qualifying business vehicles.

What business vehicles may qualify? 2

You may qualify if you:

  • Are a business that purchased or financed qualifying new or used business equipment, including certain business-use vehicles, during the 2023 tax year.

  • Put the equipment into service between January 1, 2023, and December 31, 2023.

  • Used this equipment for business purposes more than 50% of the time.

  • Spent less than $4,050,000 on this equipment.
A man and a woman repairing a bike outside a Mercedes-Benz van.
Hotel  guests entering Mercedes-Benz hotel shuttle van in front of hotel.
How much could I deduct?

These are the limits:

  • You cannot write off more than $1,160,000.
  • The total amount of the equipment purchase cannot be more than $2,890,000. It phases out dollar-for-dollar after that, so once $4,050,000 is spent, the deduction goes away entirely.
Section 179 Highlights

  • Section 179 allows qualifying businesses to deduct up to the full purchase price of certain new or used vehicles, equipment and/or software purchased and placed into service during the tax year.
  • To qualify, the percentage of business use for the vehicle, equipment or software must be more than 50%.
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Additional Resources

Total Cost of Operation

Section 179 can help make a Mercedes-Benz van a great deal now. Mercedes-Benz makes it a great deal for the years to come.

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How Can We Help?

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  1. Mercedes-Benz of Doylestown

    3664 N Easton Road
    Doylestown, PA 18902

    • Sales: (800) 823-7172
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