601 EAST BESSEMER AVE GREENSBORO, NC 27405
At Bill Black Cadillac, we're always interested in helping you come out on top. With Section 179 Deductions and our luxurious Cadillac models, you can enjoy a ride that's brag-worthy and friendly to your bottom line. You can take advantage of these incredible deductions so that you can protect your budget and driving lifestyle.
Section 179 is a deduction made available by the federal government to allow business owners to write off purchases for covered depreciable assets. A Section 179 expense allows business owners to write off expenses immediately instead of writing off the depreciation over time. It's a great way to reduce your tax burden, giving you great peace of mind.
If you have dreams of building a luxury fleet, we're happy to help. Section 179 is a benefit to you in this regard. This deduction benefit intersects with vehicles that fall under specific guidelines. It uses the automobile's gross vehicle weight rating (GVWR) as one way to determine if it qualifies. Additionally, the vehicle must be used at least 50% of the time for business-related purposes.
Section 179 deductions have been available for years. Many business owners choose to take advantage of this because it offers immediate relief. But how much can you deduct? The amount was increased for 2024 (taxes filed in 2025) to $1,220,000. Whether you're the owner of a small, medium, or large business, having the ability to write off expenses is a boon to any enterprise. Section 179 deductions make this possible.
Although Section 179 offers up to $1,220,000 in deductions for the 2024 tax year, there are limits in place. These limits allow drivers to enjoy a great ride while getting the most benefits. The 2024 tax year deduction limit for SUVs is $30,500. Take advantage of this great offer when you shop at Bill Black Cadillac.
Section 179 isn't limited to automobiles. But at Bill Black Cadillac, you'll enjoy incredible automotive options that will help you win. We offer luxury SUVs that qualify for Section 179. Our Cadillac inventory is known as a worldwide leader in automotive innovation, comfort, luxury, style, and performance. When you're building your fleet, choosing a new Cadillac model is a perfect way to show the world that you have what it takes to lead. Take a look at the different vehicles that qualify for the Section 179 deduction.
Set yourself up for success. Contact us online or call our dealership to learn more about Section 179 deductions. Our knowledgeable and professional team members are excited to deliver the personalized service we're known for. When you're ready to take your business to the next level, we're here for you. Let Bill Black Cadillac show you the difference we can make in your life. We look forward to serving you.
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601 EAST BESSEMER AVE
GREENSBORO, NC 27405
