Did you know that when you buy a new Nissan
or fleet of Nissan vehicles for your business at Conicelli Nissan, you
could be eligible for a tax deduction? Under the Section 179 Deduction,
many commercial vehicles used for businesses qualify. That means you
could get a deduction for the new NV1500 commercial cargo van that's
been transporting your supplies throughout Pennsylvania or the NV
Passenger van your business uses as a shuttle to and from
Philadelphia!Â
Certain
commercial Nissan vehicles, with a gross vehicle weight rating above
6,000 pounds but not more than 14,000 pounds, qualify for expensing up
to $25,000. The vehicle must be financed and placed into service,
meaning it is ready and available for you to use, prior to December 31,
and must meet other conditions to apply. For more information about
Section 179 or to purchase a new Nissan commercial vehicle, visit our
Nissan dealership in
Conshohocken!
Does
my Commercial Nissan vehicle qualify for a full Section 179
Deduction?
- Heavy "non-SUV" vehicles with a cargo area at
least six feet in interior length (this area must not be easily
accessible from the passenger area) will qualify. For example, this
pertains to many pickups with full-sized cargo
beds.Â
- A vehicle with the capacity
to seat nine-plus passengers behind the driver's seat, such as a van
used as a hotel or airport shuttle, will
qualify.Â
- If the vehicle has a
fully-enclosed driver's compartment and cargo area, with no seating
available behind the driver's seat and no body section protruding more
than 30 inches ahead of the leading edge of the windshield, it will
qualify.Â
Other
considerations to bear in mind for
eligibility:
- Your commercial Nissan vehicle can be new or
used, as long as it is new to
you.Â
- The vehicle can be financed
with some specific leases and loans, or you could have bought it
outright.Â
- The vehicle must be used for
your business at least 50% of the
time.
- You can only claim Section 179 during the tax
year in which the vehicle is "placed in service," so when it is ready
and available to use -- even if you don't plan to use it just
yet.Â
- You can't apply Section 179
to a vehicle if it was first used for personal purposes and then changed
to
business.Â