Berge Ford Work Trucks
MESA, ARIZONA – A smart businessperson puts considerable thought into what and when they buy for their business. Right now the Economic Stimulus Act is making the timing of business purchases easy. You’ll benefit from the bonus depreciation tax deduction provided under IRS section 168(k) and the tax deduction allowed under Section 179 when you make qualifying business purchases before December 31, 2011.
Both of these provisions currently offer businesses a tax deduction equal to 100% of the cost of most new equipment. In the case of vehicles, the new equipment must have a gross vehicle weight rating over 6,000 pounds. This includes the purchase of qualifying Ford F-150 and Super Duty trucks and/or E-Series Vans.
The only catch: You must make your purchase and put the vehicle to use in your business before December 31, 2011.
ADDITIONAL BENEFITS FROM BERGE FORD COMMERCIAL TRUCKS
In addition to the tax and bonus depreciation benefits, Berge Ford is also offering some great incentives on their lineup of commercial vehicles. During Commercial Truck Season, you may also be eligible for up to $2,500 in upfit incentives in addition to other customer cash and financing incentives. “We have been preparing for this for months now,” said Scott Dietrich of the Berge Ford Commercial/Fleet department. “Our inventory has never been better to support this government program. We literally have hundreds of qualifying vehicles ready for immediate delivery.” Dietrich advises, “Take the huge Berge Ford discounts coupled with the tax depreciation benefits; this is the best opportunity for small business owners ever.”
“Timing is key,” adds Mike Williams, Berge Ford Commercial/Fleet Department, “All signs
2012 Ford F250 CrewCab
indicate the depreciation deduction for 2012 will be reduced to 50% of the cost of new equipment. And the allowable deductions will drop back down to pre-2007 levels.”
Q. What is the advantage of the Section 179 deduction?
A. Section 179 of the tax law allows a company to take 100% tax deduction for the purchase of qualified property that is placed in service. For tax years beginning on or before December 31, 2011, this deduction is limited to $500,000 of purchased equipment. This limitation is decreased by one dollar for every dollar the company spends over $2,000,000 on new equipment.
Q. I would like to take advantage of bonus depreciation but do not want to pay cash or use available credit.
A. Yes. Whether you need 1 or 100 commercial vehicles, Ford Credit can help you get them quickly and easily with a Commercial Line of Credit (CLOC). Once you establish a CLOC with Ford Credit, you can acquire additional vehicles when you need to. Just sign and drive.
Important: make your purchase before December 31st to qualify!
Call: Berge Ford for additional information and details on QUALIFIYING VEHICLES. 800-652-3090
