Ram Section 179 Tax Deduction
Are you a business owner looking to maximize your tax savings before the year ends? At Capital City Chrysler Dodge Jeep Ram, we offer a wide selection of vehicles that qualify for the Section 179 tax deduction.
By taking advantage of this tax benefit designed to benefit small-business owners, you can significantly reduce your taxable income while upgrading your business fleet with top-quality commercial vehicles. Have questions about how Section 179 works? The team at our Ram dealership near Columbia is here to help you navigate the ins and outs of the Section 179 deduction and find the perfect vehicle for your business needs.


What Are the Section 179 Tax Deduction Limits?
For the 2024 tax year, the Section 179 deduction limit is set at $1,220,000,1 applicable to both new and used equipment, as long as it’s new to the buyer. The spending cap for 2024 is $3,050,000,1 meaning that once your total equipment purchases exceed this amount, the deduction begins to phase out on a dollar-for-dollar basis. Additionally, a 60% bonus depreciation is available for equipment purchases beyond the spending cap.1
To qualify for Section 179 deduction savings, the vehicle must be purchased and put into use before December 31, 2024, used for business purposes more than 50% of the time, and titled in the company’s name.
Which Jeep & Ram Vehicles Qualify for Section 179
Work-centric vehicles like shuttle vans and classic cargo vans can often qualify for a 100% deduction.1Traditional passenger vehicles used for business at least 50% of the time can also qualify for partial deductions, however.1 Used vehicles are also eligible for Section 179 tax incentives — what matters is that the vehicle is new to you.
Our Jefferson City Ram dealership offers a variety of vehicles that qualify for the Section 179 tax deduction. Eligible models include:1
- Chrysler Pacifica
- Dodge Durango
- Dodge Grand Caravan
- Jeep Grand Cherokee
- Jeep Wrangler Unlimited
- Jeep Gladiator Rubicon
- Ram 1500 Classic
- Ram 1500
- Ram 2500
- Ram 3500
- Ram 3500 Chassis Cab
- Ram 4500 Chassis Cab
- Ram 5500 Chassis Cab
- Ram ProMaster
These vehicles are perfect for businesses needing reliable, work-centric transportation solutions. Whether you’re looking for a versatile Jeep SUV or a powerful Ram truck, we have the right vehicle to meet your business needs and help you maximize your tax savings.
Commercial Ram Sales Near Columbia
Whether you’re looking for commercial Ram trucks, Chrysler vans, or Jeep and Dodge SUVs, we’re sure to have what you need at our local car dealer. Our knowledgeable sales team is ready to assist you in selecting the best vehicle for your business and ensuring you take full advantage of the Section 179 tax deduction.
Don’t miss out on this opportunity to upgrade your fleet and save on taxes. Contact Capital City Chrysler Dodge Jeep Ram today to learn more about our commercial vehicle inventory and schedule a test-drive!
Learn More:Ram 1500 vs. the Competition | Ram Truck Lineup
1Information accurate as of publishing date. Please consult https://www.section179.org for the most up-to-date details.