For local entrepreneurs and business owners in Fort Myers, Naples and all across Florida, having a robust and dependable fleet can be crucial to operational success. At Sam Galloway Ford, we pride ourselves on offering an extensive selection of commercial Ford trucks, vans and SUVs that are built to cater to the diverse needs of your enterprise while providing outstanding performance and reliability.
By coupling our attractive pricing with the advantageous Section 179 tax deduction for vehicles such as the new F-250 or Transit, your business could experience significant savings. Keep in mind, to benefit from this valuable deduction, your vehicle must be placed in service by December 31, 2023.1
Don’t let this fiscal opportunity pass you by -- stop by our Ford dealership near Naples today to learn more about how the 2023 Section 179 tax deduction could benefit your business!
2023 Section 179 Tax Deduction Limits
Designed to aid small- to medium-sized businesses in growing their operations, the Section 179 tax deduction offers substantial savings for new Ford models and used vehicles used predominantly for business purposes.
Here are the deduction caps set for 2023:
- 2023 Deduction Limit: $1,160,000 -- applicable for new and used equipment (must be new to the purchaser).1
- 2023 Bonus Depreciation: 80% -- valid for new and used equipment.1
- Passenger vehicles (including pickups or heavy SUVs) weighing between 6,000 and 14,000 pounds, are eligible for a maximum first-year deduction of up to $28,900 in 2023.1
Eligible Section 179 Ford Models at Sam Galloway Ford
Numerous Ford passenger and commercial vehicles are eligible for either a full or partial tax deduction under Section 179.1 Our inventory includes several new work trucks, SUVs and vans that qualify, such as:
- 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
Your Ford Commercial Vehicle Dealer Near Naples, FL
If you’re considering enhancing your business fleet with a new Ford Super Duty® or Expedition, Sam Galloway Ford is ready to assist. Located conveniently near Naples and proudly serving drivers all across Florida, we provide a range of cargo vans perfect for deliveries or heavy-duty trucks for towing and hauling. Utilize the 2023 Section 179 tax deduction to potentially receive considerable tax benefits. Time is of the essence -- improve your fleet with exceptional vehicles and take advantage of these potential tax savings before the end of the year!
1 Information accurate as of publishing date. Please consult https://www.section179.org for the most up-to-date details.