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2025 Section 179 Tax Savings Near Cornelius, NC

For North Carolina business owners, optimizing your tax savings is essential, and the Section 179 tax deduction offers a fantastic opportunity to do just that. At our Jeep and Ram dealership near Cornelius, we're committed to helping you take full advantage of this tax benefit, which allows for significant deductions on qualifying business vehicles.

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About Section 179 Tax Deductions

The Section 179 tax deduction is a valuable incentive for businesses, allowing them to deduct the full purchase price of qualifying vehicles used for business purposes. This benefit is particularly advantageous for small to medium-sized businesses aiming to upgrade their fleet while optimizing tax savings. Here are the key details for Section 179 this year:

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  • 2025 Deduction Limit: Businesses can write off up to $1,250,000. 1
  • 2025 Spending Cap: The spending limit on eligible equipment is $3,130,000. 1
  • 2025 Bonus Depreciation: 40%1
    • Allows for a significant immediate deduction on qualifying assets.
    • Typically used after reaching the Spending Cap.
    • Covers both new and used vehicle purchases.
  • Eligibility: Must be acquired and operational by December 31, 2025.

CDJR Vehicles Eligible for Section 179

Our lineup of eligible vehicles includes a variety of options to meet your business needs. Each new Jeep SUV and used Ram truck near Cornelius is designed to offer exceptional performance and versatility, ensuring you have the right tools to tackle any business challenge. Whether you need a spacious van for transporting goods or a robust truck for heavy-duty tasks, our selection has you covered.

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Visit our Salisbury Ram dealership to explore these models and see how they can support your business operations.