Ford Section 179 Tax Deduction Near Marion, IA

Invest in your business and upgrade your fleet when you take advantage of Section 179 tax savings at our Ford dealership near Marion. You may be wondering, what is Section 179? This tax deduction can help you deduct the purchase price of the new Ford model that will take your business to new heights. Whether a new F-150 or Super Duty® would be best for your company, or you'd like to buy a used Ford SUV, you can find your perfect match at Lynch Ford.

2022 Ford Explorer in a rural road
A 2022 Ford F-150 being driven up the side of a mountain

2024 Section 179 Tax Deduction Limits

The Section 179 tax deduction has the following limits for 2024:

  • 2024 Deduction Limit: $1,220,000 -- applicable for new and used equipment (must be new
    to the purchaser).1
  • 2024 Spending Cap: $3,050,000 -- Once your qualifying acquisition costs exceed the spending cap, the deduction limit starts to phase out.1

Which Ford Vehicles Qualify for the Section 179 Tax Deduction?

Many new Ford vehicles for sale in Mt. Vernon qualify for the Section 179 tax deduction. They include:

  • Ford Expedition
  • Ford Expedition MAX
  • Ford F-250
  • Ford F-350
  • Ford F-450
  • Ford F-550 S
  • Ford Transit Cargo Van
  • Ford Transit Passenger Wagon

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