Are you looking to expand your business fleet and maximize your tax savings? Turn to Labadie Toyota, where we offer a comprehensive selection of Toyota trucks, SUVs and commercial vehicles eligible for the Section 179 tax deduction. This IRS tax code allows small businesses to write off the costs of qualifying vehicles, provided they are used for business purposes at least 50% of the time.1 Visit our Toyota dealership near Saginaw to explore your options and learn how you can benefit from this valuable tax incentive!
What Toyota Models Are Eligible for Section 179 Tax Savings?
Both new Toyota models and used vehicles may be eligible for the Section 179 tax deduction. Vehicles must be new to you and used for business purposes at least 50% of the time. Work-centric "single-use" vehicles typically used for business purposes may be eligible for a 100% deduction.
Traditional passenger vehicles used for business at least 50% of the time are eligible for partial deductions depending on their type and usage. These vehicles include pickup trucks and SUVs between 6,000 to 14,000 pounds with a max deduction of $31,300 for heavy SUVs.1 Here are some Toyota models that are eligible for partial or full Section 179 deductions:
These are just a few of the Toyota models eligible for the Section 179 tax deduction. To learn about which Toyota passenger vehicles qualify for this IRS tax code, contact Labadie Toyota.
What Are the Section 179 Tax Deduction Limits for 2025?
Businesses can write off up to $1,250,000 for the 2025 tax year with a spending cap of $3,130,000.1 After a business surpasses this amount, the Section 179 deduction will decrease. This tax code is particularly beneficial for small- and medium-sized businesses. If you have any other questions about the Section 179 limits and amounts, be sure to reach out to a tax expert or the Labadie Toyota finance team.
Commercial Toyota Sales Near Me
Browse our new Toyota commercial sales online, then head to our Michigan Toyota dealership to discover how you can expand your Toyota fleet and write off the costs while advancing your business. Our Toyota sales team will be happy to answer any questions and take you through all the details. Buy a new Toyota Tundra or Tacoma truck near Saginaw today at Labadie Toyota!
Why Choose Labadie Toyota?
At Labadie Toyota, we pride ourselves on providing exceptional service and a wide selection of reliable vehicles that meet your business needs. Our knowledgeable team is here to assist you every step of the way, ensuring you maximize your Section 179 tax savings and make the best investment for your company. Visit us today to learn more about how we can help your business grow with the right Toyota vehicles.
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1 Information accurate as of the publishing date. Please consult Section179.org for the most up-to-date details.
