Section 179 Tax Deductions | Helping Your Business Grow
Your business deserves a helping hand. At Toycen Ford, we believe that by helping your business thrive, we all can win. Section 179 is one more way that we're in your corner. By helping you explore the different options and benefits your business has access to, you'll be in a better position. Let our team guide you as you explore these options and find out why Section 179 is a great choice.
What is Section 179?
IRS code Section 179 is a business tax credit that assists businesses by giving them the power to write off up to 100% of the purchase price for qualifying equipment. This equipment can take the shape of an amazing Ford vehicle, giving you more ways to serve your client base. Before Section 179, businesses could only write off their purchases a little at a time, each year. This program has changed how the process works, giving you greater control over your business finances and the equipment you need to get the job done.
2026 Section 179 Facts
Section 179 uses the vehicle's Gross Vehicle Weight Rating (GVWR) to determine eligibility. Additionally, the vehicle must be used for business purposes at least 50% of the time. Here are a few facts to keep in mind for 2026.
- Maximum deduction for 2026: $2,560,000
- Bonus Depreciation: 100% (Applies after Section 179)
- New and used vehicles qualify for Section 179
- Certain SUVs (6,000 - 14,000-pound GVWR): $32,000 max first-year Section 179
- Phase Out Begins: $4,090,000
- Fully Phased Out: $6,650,000
Key Advantages of Section 179
- Immediate Write-Offs: Section 179 gives you the freedom to write off your purchase price all at once instead of a little at a time.
- Financial Stability: Enhance year-end cash flow planning.
- Scale Your Business: You're able to reinvest savings back into your business.
- Get the Equipment Your Business Relies On: Our lineup gives you the power to choose various options that are best suited for your business needs.
Qualifying Ford Models
Here is a list of Ford models that qualify in 2026 based on the GVWR.
- Ford F-150®
- Ford F-150 Lightning®
- Ford Super Duty®
- Ford Transit®
- Ford Explorer®
- Ford Expedition®
Understanding Compliance & Section 179
Keeping track of your vehicle usage in a log is a great way to ensure your business remains compliant with Section 179 stipulations. Staying compliant with IRS guidelines helps you avoid speed bumps along the road. If you have questions, our team is happy to help.
Visit Toycen Ford & Discover More About What Section 179 Can Do for Your Business
Contact us online or call our dealership to learn more about Section 179 and how Toycen Ford can help you. We look forward to helping your business grow.
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Toycen Ford Inc.
1000 Chippewa Crossing Boulevard
Chippewa Falls, WI 54729
- Sales: (715) 723-6060
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