Finding the right used luxury model for your budget can prove to be a seriously rewarding experience – after all, there’s really nothing better than finding a top-tier product that fits comfortably with your current financial situation. Here at Freeman Motors, we’re proud to offer some of the best cars and SUVs in their respective classes, and now, it’s easier than ever to get rewarded for any purchase that you make with us. Come with us today to learn more about our recently-announced Section 179 Vehicle Deduction Incentives at Freeman Motor Company!
IRS Section 179 Guidelines and Qualifications for Passenger Vehicles
Basically, Section 179 is a portion of the IRS Tax Code that allows businesses to deduct the value of their purchase price on a wide range of products that they sell. In the case of motor vehicles, this means that any model with a weight rating between 6,000 and 14,000 pounds is eligible for a deduction of up to $25,000 off its final price, provided that said vehicle is in service prior to the end of the year on December 31.
The model builds that this tax code applies to include work vehicles, heavy machinery (such as forklifts), and SUVs, the latter of which are in high supply here on our dealership lot! For more information on Section 179 and its full parameters, we’ve linked to its official website.
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Test drive a used or pre-owned luxury SUV in Portland OR
What all of this means for you is that if there’s an SUV that catches your eye here at Freeman Motor Company, you can get behind the wheel and sign off for a price that’s sure to satisfy. We encourage you to browse our inventory right from our website and be sure to contact our Portland-based sales team if you have any further questions on the selection that we offer. We look forward to seeing you!