Section 179 Tax Deduction for Used Vehicles in Indianapolis, IN
Maximize your Indianapolis business's efficiency and financial health by leveraging the Section 179 tax deduction with Hubler Automotive Group. Our used car dealerships in Indianapolis offer a wide selection of quality pre-owned vehicles that can boost your commercial fleet while providing significant tax savings.
Understanding that every business has unique needs, we're excited to highlight vehicles that qualify for Section 179 and help you place your tax-eligible vehicle into service by December 31, 2024, to ensure you achieve your financial goals before the year's end!1
Understanding Section 179 Deduction Benefits in 2024
When you purchase a qualifying pre-owned vehicle from Hubler Automotive Group, you can benefit from the 2024 Section 179 tax deduction. This tax incentive applies to pre-owned vehicles and can provide incredible financial benefits. Remember, any vehicle must be placed into service by December 31, 2024, to qualify for this advantage.1
Key points to note for the 2024 tax year include:
- 2024 Section 179 Deduction Limit: $1,220,000, applicable to used equipment that is new to your business.1
- 2024 Bonus Depreciation: 60%, valid on used vehicles to further maximize your savings.1
- Passenger Vehicles Deduction Cap: Vehicles such as pickups and large SUVs with a GVWR between 6,000 and 14,000 pounds may qualify for partial deductions.1
Have any questions? Visit our local auto financing center or consult with a tax professional for more information.
Qualifying Used Vehicles for Section 179
We offer a wide selection of popular used vehicles for sale from trusted brands like Chevy, Ford, Nissan and Jeep that may qualify for Section 179. Some of the favorites we have in stock at our used car dealerships in Indiana include:
- Chevy Silverado, Tahoe, Traverse & Suburban
- Ford F-150, Expedition & Super Duty®
- Nissan Armada & TITAN
- Jeep Grand Cherokee & Wrangler
- & Many More!
Our knowledgeable team is ready to help you explore these options and ensure you understand vehicle eligibility and Section 179 benefits.
Used Commercial Trucks in Indianapolis, IN
Find the nearest Hubler Automotive Group locations and visit now to discover how your local business can benefit from Section 179 tax savings. Our dedicated team is here to answer your questions and guide you through the process of selecting the perfect vehicle for your commercial needs.
Don't miss the chance to enhance your fleet with quality, reliable vehicles while taking advantage of potential tax savings available through the Section 179 deduction at our Indianapolis dealerships!
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1 Information is accurate as of the publishing date. Refer to https://www.section179.org for the most recent details.
