Commercial
Tax Benefits at Liberty Chevrolet
When you shop our Villa Rica, Georgia dealership for Chevrolet cars,
trucks, and SUVs for your business or trade needs, you may be eligible for up
to $1,000,000 in tax write-offs. Go ahead and read that again. It's not a typo,
nor is it a gimmick. It's the Section 179 deduction, which allows businesses to
write off the full purchase price of equipment they buy to use for their trade.
Some of that equipment is right here at Liberty Chevrolet, where you can find
Silverado pickups and commercial vehicles that are qualifying products and
eligible for write-offs… of the FULL purchase price. If you've been thinking
about getting a new Silverado 1500 for the construction site or even an Express
Passenger van to get people around, now is the time to consider buying. Contact
Liberty Chevrolet for more information on commercial tax benefits today.
Who is
Eligible?
If you own a
business or are a contractor, the Section 179 deductions allow you to write off
the entire purchase on qualifying equipment. That's not always how it was,
however. Originally, when you bought a new Chevrolet Silverado for the
worksite, you were allowed to write off depreciation values each year. Now, you
can take care of it all at the time of purchase. Of course, you can't go all-in
on your business and expect to write it all off. There is a cap of $1,000,000,
which s plenty to work with. And here's the best part. Any business that buys,
finances, or even leases new or used business equipment is eligible. Most
vehicles that are used more than 50 percent for business or contracting use
qualify for some sort of deduction, so be sure to inquire about Section 179 on
the vehicle you are shopping for.
What
Vehicles Qualify?
Any vehicle used for your business, whether you own it or are an
independent contractor, is eligible for some write off. Some passenger vehicles
have limitations of $11,600 or $18,000. But most larger commercial vehicles
used specifically for business purposes are eligible. Vehicle considered work
vehicles and eligible for a full write-off of purchase price are:
- Commercial vans or passenger vans that can sit nine
or more people like the Chevrolet Express Passenger van
- Cargo vans with a fully enclosed driver's
compartment and no seating behind the driver like the Chevrolet Cargo Express
- Heavy construction equipment like forklifts or the
Chevrolet Silverado HD
- Tractor trailers like the Chevrolet Express Cutaway
Let Liberty
Chevrolet Help you Get the Job Done
What are you
waiting for? Whether you need a dependable and tough pickup truck for the
worksite, a good old-fashioned people mover, or an oversized pickup or tractor
trailer for long and heavy hauls, Liberty Chevrolet has the vehicle you are
looking for. Come on by our Villa Rica, Georgia dealership for the best
selection of work and commercial vehicles from Carrollton to Kennesaw. We'll
get you set up with the new or used Chevrolet vehicle you need!
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