Friday, December 20, 2013

Commercial Vehicle Year End Tax Benefits




The end of the year is approaching and you might be thinking of buying a new work vehicle for your small business. The great thing is that if you buy one before 2014, it could be as good for your bottom line as it is for your business. Below is a list of four reasons why now is a great time to buy a commercial vehicle from Larry H. Miller Chrysler Jeep Dodge Ram Bountiful

  • Deduction - Section 179 Deduction allows business owners to deduct the full purchase price of certain work vehicles up to $500,000 total in the same year they were purchased.
  • Decrease - The $500,000 Section 179 Deduction limit is expected to decrease to 25,000 in 2014.
  • Bonus - A one-time bonus depreciation of 50% is currently available for qualified new vehicles. This depreciation will end after 2013.
  • Special Offers - Take advantage of up to $1,500 in special offers with On-The-Job incentives and this year's Commercial Truck Season.


On-The-Job program allowances can be applied to any Chrysler, Jeep, Dodge, or Ram truck or Van that will be used for business. Call or come in to learn about the On-The-Job program, eligibility and complete details.

Larry H. Miller Chrysler Jeep Dodge Ram Bountiful is offering local businesses additional savings. We have a wide range of fleet and commercial vehicles in our inventory. Call us today at (888) 335-8370 to schedule a Business Customer Consultation or just stop by. www.bountifulchryslerjeep.com