Nissan Section 179 Tax Deduction in Sacramento, CA
Are you a small-business owner looking to upgrade your vehicle fleet? The Section 179 tax deduction offers an invaluable chance to gain tax advantages while adding reliable vehicles to your operations. This tax incentive allows businesses to deduct a significant portion of the purchase cost of eligible vehicles bought for business purposes, provided they're put into service by December 31, 2024.1
Swing by our Sacramento Nissan dealership to explore how Section 179 can benefit your business. Our selection of Nissan vehicles offers unparalleled reliability and performance, perfect for keeping your business on the move.
What Is the Section 179 Tax Incentive?
Designed to aid in the growth of small- to medium-sized businesses, the Section 179 tax deduction allows you to write off the cost of qualifying equipment, including vehicles. Whether you're investing in a fleet of TITAN trucks for deliveries or looking for fuel-efficient cars for your business fleet, this tax benefit can significantly improve your bottom line.
To qualify, the vehicle must be new to you and primarily used for business activities -- this means that both our new Nissan vehicles as well as our pre-owned car inventory may be eligible.
What Are the 2024 Section 179 Limits?
The limits for the Section 179 deduction in 2024 are as follows:
- Deduction Limit: Up to $1,220,000 for both new and used qualifying equipment (as long as it is new to the purchaser). 1
- Bonus Depreciation: 60% for new and used equipment. 1
For passenger vehicles, including trucks and SUVs that weigh between 6,000 and 14,000 pounds, the maximum first-year deduction is capped at $30,500 in 2024. 1
Are Nissan Vehicles Eligible for Section 179 Tax Savings?
Models like the Nissan TITAN and Armada are prime examples of vehicles that are eligible for Section 179 tax savings, though other vehicles may also qualify for some savings so long as they're used for business purposes at least 50% of the time. Eligible Nissan vehicles may include: 1
These models provide business owners with options that range from rugged trucks to efficient SUVs, ensuring that you can find the right fit for your work needs. Find out how you can save on other vehicles with Section 179 by visiting our Nissan dealership in Sacramento and speaking with our auto financing team.
Buy a Nissan Truck in Sacramento, CA
For businesses aiming to strengthen their fleet with durable Nissan trucks like the TITAN or Frontier, visit Nissan of Sacramento. Our local Nissan dealer offers a wide array of vehicles ready to boost your business capabilities. Don't miss the opportunity to leverage the 2024 Section 179 tax deduction for substantial savings. Schedule a test-drive to find the vehicle your business needs and learn more about this tax-savvy vehicle buying option.
More Resources: Commercial Department | Apply for Financing
1 Information accurate as of publishing date. Please consult https://www.section179.org for the most up-to-date details.