Tax Deductions For Commercial Vehicles

Generous tax incentives-Section 179 and bonus depreciation-may allow eligible businesses to deduct up to 100% of the purchase price when the vehicle is used more than 50% for business. And for qualifying vehicles placed in service after January 19, 2025, bonus depreciation may offer a full first-year deduction on remaining costs after Section 179.

The result? Major potential savings and a smarter way to reinvest in your business.

Before taking advantage of these opportunities, be sure to consult your tax advisor about how the rules apply to your specific situation. Then reach out to Jon Maas, our General Manager here at Fox Isuzu Truck. Jon will personally receive your request to get started, and he will follow up with you shortly. Fox Isuzu Truck is here to help you choose the right Isuzu commercial vehicle and build a transportation plan that drives your business forward!