Did you know you can get money back for your RAM commercial truck or van purchase by taking advantage of tax benefits? You may qualify for Ram trucks and vans tax benefits via Section 168(k) and Section 179 of U.S. Federal Income Tax code. These tax codes allow for property owned as part of a business to be written off (up to a certain point). Consider the information below for qualification details, then be sure to reach out to your tax professional for further details.
Ready to invest in a Ram van or truck? Now is the time to purchase the additional vehicle(s) needed for your business. 100% expensing for federal income tax purposes may be available on your next Ram Truck purchase. Carman CJDR in New Castle, DE, has the best new vehicles available in our growing inventory. You can also consider finance and lease offers by contacting our expert financing department.
Up to 100% of the Total Purchase Price Deduction per Vehicle:
Up to $19,200 of the Total Purchase Price Deduction per Vehicle:
A Ram truck is generally considered qualified property for purposes of section 168(k) for U.S. federal income tax purposes. This means a taxpayer may elect to treat the cost of any qualified property as an expense allowed as a deduction for the taxable year in which the property is acquired and placed in service. Consult your tax professional to determine your vehicle depreciation and tax benefits.
A Ram truck is generally considered Section 179 property for U.S. federal income tax purposes. This means a taxpayer may elect to treat the cost of any Section 179 property as an expense and allowed as a deduction for the taxable year in which the property is acquired and placed in service. A qualifying business may expense up to $1,080,000 of Section 179 during 2022. Consult your tax professional to determine your vehicle depreciation and tax benefits.
If you’re searching for the best selection of RAM trucks and vans, swing by our dealership in New Castle, DE! Our friendly sales staff will help you discover the ideal work truck for your needs. Once you know the Ram truck or van that’s perfect for your business, our financing team will walk you through the entire process. For more information, feel free to contact Carmen CJDR today!
While great effort is made to ensure the accuracy of the information on this site, errors can occur. Please verify all pricing information with a customer service representative. This is easily done by calling us or visiting us at the dealership.
Customer may not qualify for ALL Rebates shown. Some rebates are stackable and others can and cannot be combined. See Dealer For Complete Details.