KANSAS CITY, Mo., Nov. 29, 2018 /PRNewswire-PRWeb/ -- Large and small business owners interested in tax savings options may be interested to know that several vehicles available at Mercedes-Benz of Kansas City may qualify for tax savings when purchased for business use.
Section 179 of the tax code offers business owners a tax depreciation advantage when purchasing a large van or SUV for business use. This may allow a deduction of up to 100 percent depreciation for models used exclusively for business and purchased before Dec. 31, 2018. Business owners should consult a licensed tax advisor for how this might work for their individual tax situations.
A large van or SUV in this case is defined as a model with a gross vehicle weight rating (GVWR) of over 6,000 pounds. Several Mercedes-Benz vehicles qualify.
Drivers interested in a large Mercedes-Benz SUV of more than 6,000 pounds have three options to choose from. These include the Mercedes-Benz GLE, Mercedes-Benz GLS and Mercedes-Benz G-Class. Those interested in top five-person luxury and impressive towing potential may be able to find their match with the 2019 Mercedes-Benz GLE, while those seeking three-rows of seating and a flagship SUV experience may prefer the 2019 Mercedes-Benz GLS. Both of these models are currently available in new Mercedes-Benz inventory at Mercedes-Benz of Kansas City.
For business shoppers with more traditional commercial needs, the 2018 and 2019 Mercedes-Benz Sprinter also meet weight restrictions. Mercedes-Benz of Kansas City not only offers this model but has a dedicated service center devoted to Mercedes-Benz commercial vans. The dealership even offers an express service for basic maintenance needs.
To learn more about how purchasing a new large SUV or van before the end of 2018 can offer depreciation advantages, business owners should contact a licensed tax accountant that can help them determine if this opportunity is right for their individual business needs. Shoppers interested in learning more about large luxury SUV models and commercial vehicles available at Mercedes-Benz of Kansas City can visit http://www.mb-kc.com or call 855-979-0605.
SOURCE Mercedes-Benz of Kansas City
Share this article