Tax Benefits

 
 
Section 179
First-Year Expensing 

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 $1,000,000 of Section 179 property during 2018.

Consult your tax professional to determine your vehicle depreciation and tax benefits. 
 
 

Section 168(K) 
Temporary 100-Percent Expensing

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.

 

Contact

Tri-Star Chrysler Jeep Dodge of Somerset

1260 North Center Avenue
Directions Somerset, PA 15501

  • Sales: (814) 483-7272
  • Service: (814) 701-4272
  • Parts: (814) 701-4138

Hours

  • Monday 9:00am-8:00pm
  • Tuesday 9:00am-8:00pm
  • Wednesday 9:00am-8:00pm
  • Thursday 9:00am-8:00pm
  • Friday 9:00am-8:00pm
  • Saturday 9:00am-4:00pm
  • Sunday Closed