Mercedes-Benz Section 179 Tax Deduction in Somerville, MA

2022 Sprinter Van Lineup in front of a construction site.

Mercedes-Benz Section 179 Tax Deduction
in Somerville, MA

Are you growing your small- to medium-sized business and looking for easy ways to help your bottom line? Chat with the experts at our Mercedes-Benz Sprinter dealership in Somerville to learn how you can take advantage of Section 179 tax deductions* when you buy a Mercedes-Benz for business purposes. Whether you need a new Sprinter van for delivery services or a pre-owned Mercedes-Benz for other business reasons, we're here to assist. We'll show you which vehicles qualify for Section 179 tax savings and the simple steps for purchase. Then, just make sure you put the vehicle into service by end of day on December 31, 2022, and benefit from helpful tax savings!

What Are the 2022 Section 179 Deduction Limits?

The 2022 Section 179 deduction limits are as follows:

  • 2022 Deduction Limit: $1,080,0001 -- valid on new and used equipment (must be new to the buyer).
  • 2022 Spending Cap: $2,700,0001 -- the max amount that can be spent on equipment before the Section 179 tax deduction begins to reduce on a dollar-for-dollar basis.
  • 2022 Bonus Depreciation: 100%1 -- generally taken after the Spending Cap is reached, valid on new and used equipment.

Small- and medium-sized businesses in Massachusetts can write off at least part of the purchase price of vehicles that qualify for Section 179 tax savings. Buy a new Mercedes-Benz cargo van for your local business and benefit from Section 179 tax deductions, which include:

  • Cars: $11,160 (including Bonus Depreciation)1
  • Trucks & Vans: $11,560 (including Bonus Depreciation)1
  • Certain SUVs between 6,000-14,000 pounds: $25,000 (including Bonus Depreciation)1

Which Mercedes-Benz Vehicles Qualify for Section 179 Savings?

While not every vehicle is eligible for Section 179 tax savings, many new and pre-owned Mercedes-Benz vans are eligible. Does a pre-owned Mercedes-Benz Sprinter can catch your eye? As long as it's "new to you," it may be eligible, so chat with our sales team to learn more. New 2022 Mercedes-Benz Sprinter models eligible for Section 179 savings include:

  • 2022 Mercedes-Benz Sprinter
  • 2022 Mercedes-Benz Sprinter 2500
  • 2022 Mercedes-Benz Sprinter 3500 XD