Claim Section 179 Tax Savings at Fair Oaks Ford in Naperville

At Fair Oaks Ford, we recognize the critical role that financial savvy plays in business operations. That's why we're thrilled to introduce the Section 179 tax deduction -- a valuable incentive that allows businesses to deduct up to the entire cost of eligible Ford vehicles, making your fleet investment more cost-effective. Dive into how this advantage can make acquiring a new Ford commercial vehicle even more affordable. Get more details and plan a test-drive at our Naperville Ford dealership.

2022 Ford Explorer in a rural road
A 2022 Ford F-150 being driven up the side of a mountain

Section 179 Details

The Section 179 tax deduction comes with specific limits and eligibility criteria.1 These include:

  • 2024 Deduction Limit: $1,220,000
    • Valid on new and used equipment (must be new to buyer), either purchased or leased.
  • 2024 Spending Cap: $3,050,000
    • Upon reaching this cap, deduction is reduced on dollar-for-dollar basis.
  • 2024 Bonus Depreciation: 60%
    • This tax benefit enables a business to deduct a substantial percentage of the purchase price of qualifying assets immediately.
    • Typically claimed after the Spending Cap is achieved.
    • Applicable to both new and used vehicles.

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Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, and documentation fee of $347.26. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.

Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, and license charges. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week. MSRP may not represent the actual price at which vehicles are sold in this trade area.

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2055 West Ogden Avenue, Naperville, IL, 60540
Fair Oaks Ford 41.759922, -088.187586.