Section 179 Tax Deduction
Section 179 Business Tax Deductions
Maximize Your Business with Section 179 & Ray Pearman Lincoln
At Ray Pearman Lincoln, we're delighted to help your business thrive. With Section 179, your business will be on its way toward greater success. This small business-friendly IRS tax code allows you to protect your bottom line the right way.
Discover more about Section 179 and how the team at Ray Pearman Lincoln can assist you.
What is Section 179?
Section 179 allows businesses to write off up to 100% of the cost of qualifying equipment. In the past, businesses were limited to writing off the cost of depreciation a little bit every year. With Section 179, you can employ these write-offs in the year the equipment is put into use. It's important to note that the equipment must be used for business purposes at least 50% of the time, and it is not limited to desks and chairs. You can purchase or lease qualifying Lincoln models from Ray Pearman Lincoln, taking your business to greater heights.
What Lincoln Models Qualify?
When you climb behind the wheel of a Lincoln SUV, you'll experience a more profound driving experience. A vehicle's gross vehicle weight rating (GVWR) is used to determine if it's considered a light or heavy vehicle.
GVWR Under 6,000 Pounds
These models have an annual deduction limit in 2025 of up to $20,400.
GVWR Over 6,000 Pounds
These models have an annual deduction limit in 2025 of up to $31,000. The following Lincoln models are included:
- Lincoln Navigator®
- Lincoln Navigator® L
- Lincoln Aviator®
Contact Ray Pearman Lincoln for More Information
Let us help your business grow. Contact the team at Ray Pearman Lincoln to discover how we can use Section 179 to support your business needs. Visit us online or call our dealership today. We look forward to serving you.
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Ray Pearman Lincoln
2501 Bob Wallace Ave SW
Huntsville, AL 35805
- Sales: (256) 536-7451
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