Section 179 Tax Deduction


Take Advantage of Tax Code 179 at INFINITI of Tacoma at Fife

When you’re purchasing a new vehicle, things can get expensive very quickly. When you want to save as much as possible on your next model, you’re going to want to have a thorough understanding of Section 179, and what it can do for you and your business. When you need a luxury vehicle near Tacoma, Washington, there’s no better place than INFINITI of Tacoma at Fife, where you can always schedule a test drive.

New Inventory

What Is It?

Section 179 is essentially a tax deduction that allows you to save money on your next vehicle. While not all vehicles apply, you’ll be able to save up to $25,000 on your next purchase if you meet the necessary conditions. This deduction may allow you to opt for higher trims, as you’ll be spending a lot less in total, so you may want to look at adding more features to your model. Section 179 is mainly geared toward businesses, and not personal vehicles, so if you find yourself needing to expand your fleet with a beautiful luxury SUV, you’re going to want to see how you can take advantage of this deduction today.

Conditions To Meet

When you’re looking for a vehicle that fits the deduction’s requirements, you’re going to need to make sure that you have a gross vehicle weight that’s more than 6,000 pounds, but less than 14,000 pounds. You’re also going to need to make sure that it’s not only purchased but that it’s also put into service before December 31st. You might be wondering what being “put into service” actually entails, but all it essentially means is that your vehicle is used by the business more than 50% of the time. While this deduction might normally apply to vehicles like forklifts, cargo vans, and business-oriented models, it can also apply to luxury SUVs and other vehicles. Effectively known as the “Hummer Tax Loophole.” it allows you to employ your favorite vehicles on the job site, while still enjoying them in the off-hours.

Which Models Apply?

If you’ve had your eye on an INFINITI model for a while now, you’ll be happy to know that both the QX80 and the QX56 qualify for this tax deduction. The QX56 is the older version of what’s now known as the QX80, but still packs quite a punch when it comes to performance and power. Both models can tow up to 8,500 pounds when properly equipped, and you’ll be able to find cutting-edge features that are sure to impress. You’ll also have ample room in the back in case you find yourself needing to do deliveries, or if you’re transporting your co-workers from one point to another. These SUVs are truly breathtaking, and the ability to save up to $25,000 is certainly nothing to scoff at. When you want to take advantage of this tax deduction before the deadline, you’re going to want to call INFINITI of Tacoma at Fife, where you can schedule your next test drive.

Are you looking to finance a brand-new vehicle? You can apply online today, or visit INFINITI of Tacoma at Fife, where our talented staff can help you throughout your purchase.