Business owners can capitalize on significant tax savings by leveraging the Section 179 tax deduction at Evansville Ford. This tax incentive allows businesses to deduct up to the full purchase price of qualifying vehicles, allowing you to expand your company's fleet in a cost-effective way!
Visit our Ford dealership near Fitchburg to explore how our selection of Ford work vehicles can elevate your business efficiency and enhance your operational capacity. You'll quickly see how affordable upgrading your business' fleet of vehicles can be when you take advantage of Section 179 tax savings.
2026 Section 179 Deduction Limits
Because Section 179 is designed specifically to benefit small- to medium-sized businesses, there are certain limits and spending caps in place. For 2026, Section 179 limits are as follows:
- 2026 Deduction Limit: $2,560,0001
- Good on new and used equipment (as long as new to the buyer)
- Purchased or leased
- 2026 Spending Cap: $4,090,0001 -- This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar-for-dollar basis (making it a true small-business incentive)
- Deduction begins to be reduced on a dollar-for-dollar basis -- this cap is what makes it a "small business tax incentive"
- Complete phase-out at $6,650,000
- 2026 Bonus Depreciation: 100%1
- Defined as: a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets
- Generally taken after the Spending Cap is reached
- Applies to new and used
- Must be purchased and put into use before Dec. 31, 20261
- Must be used for business purposes more than 50% of the time
- Must be titled in the company's name (not the company's owner's name)
These savings apply to both new and used vehicles that meet specific criteria, provided they are purchased and put into service by December 31, 2026.1
Eligible Ford Vehicles for Section 179
At Evansville Ford, we offer a range of Ford vehicles that qualify for Section 179 tax deductions, empowering you to make strategic investments. Many single-use, work-centric vehicles are eligible for a 100% deduction, while traditional passenger vehicles are eligible for a partial deduction so long as they're used for business purposes at least 50% of the time. Eligible Ford vehicles for Section 179 savings in 2026 can include:
- Ford F-150
- Ford Super Duty®
- Ford Transit Cargo Van
- Ford Transit Passenger Wagon
- Ford Expedition
- Ford Expedition MAX
- And more!
These models and more can provide great utility and substantial tax benefits, ensuring your investment contributes to both tax savings and business operations.
How to Utilize Section 179 in Wisconsin
To leverage the full benefits of the Section 179 tax deduction, ensure your qualified vehicle is acquired and operational by the end of the current tax year. The knowledgeable team at our Wisconsin Ford dealer is here to help you navigate the purchasing process. Contact Evansville Ford today for a consultation and start planning your business growth strategy with our selection of Ford commercial vehicles.
Learn More:
1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.
Section 179 Tax Deduction FAQs at Evansville Ford
01
What is the Section 179 deduction limit for 2026?
For the 2026 tax year, the Section 179 deduction limit is $2,560,000. This incentive allows business owners to deduct up to the full purchase price of eligible new or used equipment and commercial vehicles acquired or leased and placed into service by December 31, 2026.
02
What is the 2026 Section 179 spending cap?
The Section 179 spending cap for 2026 is $4,090,000. If your company spends more than this cap on qualifying equipment, the available deduction reduces on a dollar-for-dollar basis until it reaches a complete phase-out at $6,650,000.
03
Which Ford vehicles qualify for Section 179 at Evansville Ford?
Evansville Ford carries a diverse inventory of qualifying commercial vehicles near Fitchburg. Eligible models include the Ford F-150, Ford Super Duty, Ford Transit Cargo Van, Ford Transit Passenger Wagon, Ford Expedition, Ford Expedition MAX, and more.
04
What are the rules for a vehicle to qualify for Section 179 tax savings?
To qualify for Section 179 deductions, the vehicle must be acquired and put into business operation before December 31, 2026. The vehicle must be used for business purposes more than 50% of the time and must be titled in the company name rather than an individual owner personal name.
05
How does 100% bonus depreciation work for 2026 in Wisconsin?
In 2026, bonus depreciation is set at 100%, allowing businesses to immediately deduct a large percentage of the purchase price on qualifying new and used assets. This tax incentive is generally taken after reaching the Section 179 spending cap.
