Nissan Section 179 Tax Deduction Near Hollywood, FL
Elevate your business fleet to new heights with Palmetto57 Nissan in Miami Gardens, your go-to destination for an outstanding array of new and pre-owned commercial Nissan vehicles. At our Nissan dealership near Hollywood, we are committed to empowering your enterprise with sturdy trucks and versatile vans tailored to enhance your daily operations and productivity.
We understand the importance of strategic financial planning for growing businesses, which is why we are excited to introduce the Section 179 tax incentive. This opportunity allows for complete or significant tax deductions for eligible vehicles utilized in your business, helping your business thrive.
To take full advantage of the Section 179 tax deduction for this fiscal year, it's essential to remember that your purchase must be completed, and the vehicle should be operational on or before December 31, 2023.1 Don't miss out on this exceptional occasion to advance your business while enjoying the perks of substantial tax savings!
2023 Section 179 Tax Deduction Limits
The Section 179 tax code aims to help small- and medium-sized businesses save on operating expenses by deducting the full or partial cost of a vehicle from their annual taxes. The deduction limits are based on the following criteria:
- 2023 Deduction Limit: $1,160,000 -- applicable for new and used equipment (must be new to the purchaser).1
- 2023 Bonus Depreciation: 80% -- valid for new and used equipment.1
- Passenger vehicles (including pickups or heavy SUVs) weighing between 6,000 and 14,000 pounds, are eligible for a maximum first-year deduction of up to $28,900 in 2023.H21
Which Nissan Models Qualify for Section 179?
Many new Nissan vehicles near Hollywood are eligible for some form of Section 179 tax deduction, whether full or partial. Nissan trucks that qualify for a full deduction include:
- Frontier
- TITAN
- TITAN XD
Other Nissan SUVs, cars and EVs qualify for partial deductions, most notably including:
- Armada
- Rogue
- Pathfinder
- Murano
- ARIYA
- Altima
New Nissan Truck Sales in Miami Gardens, FL
Do you have questions about our qualifying Nissan SUVs or trucks? Don't hesitate to contact Palmetto57 Nissan in Miami Gardens before the end of the year to enlist a new Armada, Frontier or TITAN in your fleet of vehicles!
1 Information accurate as of publishing date. Please consult https://www.section179.org for the most up-to-date details.