Tax benefits: one more reason to amp up your business with a Wagoneer or Grand Wagoneer.
Up to 60% of the total purchase price deduction* per vehicle.
Wagoneer: All trims
Grand Wagoneer: All trims
Now is the time to purchase the additional vehicle(s) needed for your business. 60% expensing for federal income tax purposes may be available on your next Wagoneer or Grand Wagoneer purchase.
Wagoneer and Grand Wagoneer vehicles are generally considered qualified property for purposes of section 168(k) for U.S. federal income tax purposes. This means a taxpayer may elect to treat the cost of any qualified property as an expense allowed as a deduction for the taxable year in which the property is acquired and placed in service. Consult your tax professional to determine your vehicle depreciation and tax benefits.
Wagoneer and Grand Wagoneer vehicles are generally considered Section 179 property for U.S. federal income tax purposes. This means a taxpayer 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 Section 179 property during 2024. Consult your tax professional to determine your vehicle depreciation and tax benefits.
*This incentive is offered by a third party and is subject to change without notice. Please confirm this information to ensure its accuracy and availability. Consult a tax professional for details and eligibility requirements.
