Deduct Up To 100% of the Purchase Price of Jeep, RAM or Wagoneer in the First Year
As a small business owner, you may elect to treat the cost of any Section 179 property as an expense and be allowed to take it as a deduction for the taxable year in which the property is acquired and placed in service. A qualifying business may expense up to $1,220,000 of a qualifying vehicle during 2024.
 Consult your tax professional to determine your vehicle depreciation and tax benefits.
Detailed List of Qualifying Vehicles
Ram
Ram:- Ram 1500
- Ram 1500 Classic
- Ram 2500 & 3500
- Ram 3500, 4500 & 5500 Chassis Cab
- Ram ProMaster®
Wrangler
Wrangler:2023 and 2024 Rubicon 392
All 2023 and All 2024 Wrangler 4xe Models
2023 3.6L Rubicon 4-Door with Xtreme Recon Package
2024 Rubicon 4-Door and Willys 4-Door
Gladiator
- All 2024 Sport Models with Max Tow Package
- 2024 Rubicon
- 2024 Mojave
- All 2023 Models with Available Max Tow Package
- 2023 Mojave
- All 2023 Models with 3.0L EcoDiesel V6 Engine
Which Vehicles Qualify?
Vehicles included under IRS tax code Section 179 are, Ram trucks as well as Jeep Gladiator Rubicon, all models with Max Tow Package, Mojave, all models with 3.0L EcoDiesel V6 engine, Grand Cherokee and Grand Cherokee L, all trims, Grand Cherokee 4XE, and Wrangler Rubicon with available 3.0L EcoDiesel V6 engine, all Wrangler 4XE models, Wagoneer and Grand Wagoneer!
Plus, much more. For a complete rundown on all of the models that would work for you, and work for Section 179 of the tax codes, visit our team of automotive experts. We proudly serve our Massachusetts and Providence, RI customers.
What is IRS Tax Code Section 179?
IRS tax code Section 179 basically states that a business owner who purchases or leases equipment or software for work, can deduct the full purchase amount when they report their annual income come tax time. You can even count up to $1,220,000 of expenses to deduct as part of Section 179 or up to $3,050,000 on equipment purchases. The best part? That "equipment" can be the new or used commercial vehicle you purchase from January 01, 2024, through December 31, 2024.
*Any vehicle purchased from now until December 31, 2024 would be claimed for the 2024 tax year. You must use the vehicle for business purposes within the current tax year to qualify for the deduction.
Find Your Next Commercial Vehicle in North Attleboro
Visit us at our East Washington Street dealership in North Attleboro, we have the perfect vehicles to help you do your job and get the proper tax credit. We have several models on hand from all of our favorite carmakers that are perfect for your next commercial vehicle, whether you need to carry a lot of people, or a lot of cargo.
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First Chrysler Dodge Jeep Ram
280 E. Washington Street
North Attleboro, MA 02760-2313
- Sales: (833)857-9898