What can section 179 do for your tax savings?

When you purchase a new Mercedes-Benz Metris or Sprinter, you can potentially qualify for up to $25,000 in federal tax deductions.

Does my business qualify to get this deduction?

You may qualify if you:
  • Are a business that purchased or financed new or used business equipment—including business-use vehicles—during the 2020 tax year
  • Put this equipment into service between January 2, 2020, and December 31, 2020
  • Use this equipment for business purposes more than 50% of the time
  • Spend less than $3,500,000 on this equipment

Section 179 Tax Savings

What are the dollar amount limits on claiming a section 179 tax deduction?

These are the limits:
  • You cannot write off more than $1,000,000
  • The total amount of the equipment purchased cannot be more than $2,500,000.
  • It phases out dollar-for-dollar after that, so once $3,500,000 is spent, the deduction goes away entirely.

*The incentive referenced is for informational purposes only. This information does not constitute tax or legal advice. All persons considering the use of available incentives should consult with their tax or legal professional to determine eligibility, specific amount of incentives available if any, and further details. The incentive is not within Mercedes-Benz control and is subject to change without notice. Interested parties should confirm the accuracy of the information before relying on it to make a purchase.

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1886 Luxury Drive • Watkinsville, GA 30677

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Mercedes-Benz of Athens

1886 Luxury Drive Watkinsville, GA

Phone: (855) 651-0116

https://www.google.com/maps/place/C+01+026,+GA+30622/@33.9123149,-83.4782646,1032m/data=!3m2!1e3!4b1!4m5!3m4!1s0x88f673c7c19b783b:0xdc051dfc23da0d37!8m2!3d33.9122968!4d-83.4761909?shorturl=1

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1886 Luxury Drive Watkinsville, GA

Sales

Phone: (855) 651-0116

1886 Luxury Drive Watkinsville, GA

Service

Phone: (855) 651-0117

1886 Luxury Drive Watkinsville, GA
33.9403503 -83.4988517
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Mercedes-Benz of Athens
Mercedes-Benz of Athens
1886 Luxury Drive
Watkinsville, GA, 30677 United States
(855) 651-0116
https:https://www.mercedesbenzofathens.com/wp-content/uploads/2016/09/large-2.jpg
Mercedes-Benz of Athens 33.9403503, -83.4988517.