The end of the year is the perfect time to take advantage of tax benefits for your business. Section 179 of the IRS tax code allows businesses to deduct the total purchase price of qualifying equipment, including commercial vehicles, purchased or financed during the tax year. At Fremont Motor Company, we’re here to help you maximize your savings by selecting the right vehicle for your needs.

Who is Eligible?

Most businesses that purchase, finance, or lease less than $4,270,000 in equipment or vehicles during tax year 2025 are eligible for this deduction. To qualify, equipment must be purchased or leased and put into service between January 1, 2025, and December 31, 2025. Our team at Fremont Motor Company can help determine if your purchases meet Section 179 eligibility.

How Does It Work?

Typically, business equipment depreciation spreads out over several years, allowing only a portion of the expense as a yearly deduction. For example, a $50,000 equipment purchase may only provide $10,000 in tax deductions annually over five years. Section 179 lets you write off the entire cost in the purchase year, offering immediate tax relief.

Are There Limits?

While Section 179 offers tremendous benefits, it comes with some limits. The 2025 cap for Section 179 deductions is $1,220,000, with a maximum total equipment purchase limit of $3,050,000. Above that, the deduction phases out dollar-for-dollar, making it ideal for small—to medium-sized businesses.

Why Choose Fremont Motor Company?

We pride ourselves on strengthening the connections that make Wyoming strong, and that includes helping you and your business receive the full benefits available through Section 179. Let our team of knowledgeable professionals walk you through the process and determine how you can make the most of this valuable deduction.

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