Tax Deductions

Purchase Your Business Vehicle from Our Saco Dealership and Experience a Substantial Tax Deduction

Do you a small van or robust truck for your small business? Whether you need a RAM ProMaster® to load up materials or a RAM Chassis Cab for your towing needs, you can find what your business needs at Prime Chrysler Dodge Jeep Ram. If you would like to explore various tax incentives near Old Orchard Beach, then be sure to check out the savings that you may receive with the Section 179 Deduction.

Eligible Models:


Ram 1500


Ram 2500


Ram 3500


Ram ProMaster
& ProMaster City

How Does the Section 179 Work?

Section 179 allows you to write off a purchase price in its entirety if you purchase qualifying equipment during the tax year.

There are some limitations with Section 179. For example, the deduction for Section 179 during 2019 has a limit of $1,000,000. If you want to use the deduction for the 2019 tax year, you need to purchase your vehicle and have it in service between January 1, 2019, and December 31, 2019.

How Does the Section 179 Help Me with the Vehicle Purchasing Process?

Simply put, Section 179 can help you save money. If you're going to be buying a vehicle this tax year for your Portland business, you can qualify for a substantial write off for the current tax year with Section 179.

Which Vehicles Qualify for Savings?

Dayton drivers can enjoy a long list of business vehicles that qualify for the Section 179 Deduction. You don't have to purchase a new vehicle, either. If the gross new or used vehicle weight is in excess of 6,000-pounds, the vehicle will qualify. Section 179 can be beneficial for your business and includes business vehicles such as:

  • Those that seat nine-plus behind the driver's seat
  • A vehicle with a completely enclosed driver's compartment and cargo space

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