Section 179 Deduction


The end of the year is approaching, but there's still time to save on a new Nissan for your small business with the Section 179 Tax Code. This tax deduction was created by the U.S. government to help small businesses invest in themselves. If you require a commercial Nissan vehicle for your business, you can write off up to the full purchase of that vehicle on your 2017 taxes. So long as the Nissan you purchase is put into service by December 31, 2017, and is used for business-related purposes at least 50% of the time, you can qualify for the tax deduction. The Section 179 Tax Code can be applied to both new and used Nissan vehicles -- the important thing is that it's new-to-you! Stop by our Nissan dealership near Cary, NC , to learn more about the Section 179 Tax Deduction and how to save on a new Nissan van, truck or SUV.

Businesses that were founded in 2014 and prior are eligible to take advantage of these tax savings. Whether you're looking to buy a new or used Nissan Titan truck or Nissan NV Cargo van, now is the perfect time. These tax benefits can help you save thousands on the Nissan vehicle you've been thinking about buying, and you can even apply the deduction to multiple vehicles if you'd like to upgrade your whole fleet. With the Section 179 Tax Code, your business can continue to grow and excel into 2018 and beyond.

Additional Important Information Regarding the Section 179 Tax Code:

- Heavy "non-SUV" vehicles with a cargo area that's at least six feet in length and not easily accessible from the cabin qualify, including many trucks with full-size cargo beds.

- Vehicles with a fully-enclosed driver's compartment or cargo area with no seating behind the driver's seat and no body section protruding more than 30 inches ahead of the leaning edge of the windshield qualify.

- Large vans that can seat nine or more behind the driver's seat also qualify.

- Certain vehicles that have a gross vehicle weight rating between 6,000 and 14,000 pounds can be expensed up to $25,000 if you finance the vehicle and place it in service before December 31, 2017.

- The Nissan truck or van you purchase needs to be used for business-purposes at least 50% of the time.

- The total deduction for depreciation is limited to $11,060 for cars and $11,160 for trucks and vans.

- Our Cary-area Nissan dealership has different loan and lease options that qualify with the Section 179 Tax Write-Off -- ask our Nissan financing team for more information!

Visit us at Michael Jordan Nissan to learn more about the Section 179 Tax Code, and then buy or lease the new or new-to-you truck or van you've been thinking about. Save on a Nissan commercial vehicle today!

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