Can I Deduct The Purchase of a Vehicle for My Business?

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For small or large business owners who are growing their vehicle fleet with new Ford models, you may have questions on what is deductible from your new vehicle purchase. Here at our dealership, we not only offer an array of new commercial vans and trucks by Ford, but there are ways to save money come tax season.

Drivers can deduct the interest on an auto loan, as well as taxes on registration and property tax fees as long as you can prove your vehicle is used for business purposes. Also, a portion of your lease payment may be utilized as a business expense depending on the tax rules and deduction methods.

When you shop with our expert sales team, expect nothing short of excellence when it comes to all the background information on specs and capability within your prospected Ford van or work truck. Our commercial Ford inventory offers a massive selection of new models to choose from like the Ford F-150, F250, F350, F-350 Chassis Truck, Ford E-450 Cutaway, Ford Transit Vanwagon, and many more!
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Visit our Dealership in Fredericksburg Today and Explore Our Lineup of Commercial Vehicles!

Speak with our finance center to learn more about tax deductibles on your Ford work vehicle lease or purchase and browse our inventory alongside one of our sales representatives! We’d be more than happy to show you the ins-and-outs of your prospected vehicle while providing all the details you could ask for. Schedule your test drive today by calling our sales team at (888)698.2453, and we’ll assist in helping set your business up for success!

Categories: New Inventory, Social

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