5 Things to Consider When Customizing Ford Commercial Vehicles

Business owners looking to purchase a truck, like the Ford F-150, can benefit from Section 168(k) of the IRS tax code. This regulation allows businesses to claim bonus depreciation on qualifying vehicles, making it easier to offset the cost of vital equipment. At O’Brien Ford of Shelbyville, we’re here to help you maximize your savings. more Why Choose the Ford F-150? The Ford F-150 is a top choice for businesses due to its durability, versatility, and capability. With its powerful towing capacity, customizable configurations, and advanced technology, it meets the needs of a wide range of industries. It’s the perfect choice to bolster your workforce. What Is Section 168(k)? Section 168(k) provides a valuable tax incentive for business owners by allowing them to deduct a significant portion of an eligible asset's cost in the first year of purchase. This bonus depreciation applies to vehicles like the Ford F-150, which meets the weight and use requirements set by the IRS. For the Ford F-150 to qualify, it must be used more than 50% of the time for business purposes. Once these criteria are met, business owners can deduct up to 100% of the vehicle's purchase price during the tax year in which it was placed into service. How to Take Advantage of Section 168(k) To claim this deduction, keep accurate records of the business use of your Ford F-150 and provide documentation of its purchase price. Additionally, consult a tax professional to ensure compliance with IRS requirements. At O’Brien Ford of Shelbyville, our team is ready to assist you in finding the right truck for your business needs. Save on Your Ford F-150 Today Discover how Section 168(k) can help you save on a Ford F-150 for your business. Visit O’Brien Ford of Shelbyville to explore our inventory and speak with our team about financing options and eligibility requirements.

At O’Brien Ford of Shelbyville, we’re excited to announce a new initiative that’s set to expand access to Ford work trucks and vans across the region. This program is designed to broaden access to a wide range of Ford commercial vehicles so our customers can find vehicles uniquely tailored to their jobs. Find out more below. more Ford Work Trucks Initiative The Ford work trucks initiative at O’Brien Ford of Shelbyville is designed to give customers an expansive selection of work trucks by collaborating with other Ford dealers within a 100-mile radius. By pooling inventory, we’re making more commercial models in our area to meet the needs of businesses and professionals alike. Our initiative allows O’Brien Ford of Shelbyville customers to tap into an expansive inventory and find the exact work truck they need without limitations. As one of only a few Ford commercial dealerships in Kentucky, our enhanced selection through this collaboration provides the most extensive range of options in the area. What Kind of Ford Commercial Vehicles Can I Find? Our work trucks initiative makes a wider range of new Ford commercial vehicles available for our customers. Some models you’ll find include: Ford F-350: Combines impressive payload capacity with advanced towing capabilities. With available diesel and gas engine options, it offers strength and reliability. Ford F-550: Delivers unmatched strength with its advanced towing technology and heavy-duty build, making it perfect for demanding applications such as construction and landscaping. Ford E-450: Built to handle heavy loads easily, thanks to its robust design and versatile chassis. It’s ideal for customizing, whether you need a cargo van or your precious cargo is your passengers. Small Business Tax Break Small business owners looking for work trucks or vans may also receive tax benefits through the Section 179 deduction on qualifying new vehicle purchases. Eligible vehicles include those over 6,000 lbs in gross vehicle weight, which may be partially or fully deductible when used for business purposes. Explore Our Ford Work Truck Inventory in Shelbyville, KY Ready to see how a Ford work truck can support your business? Contact our Ford dealership in Shelbyville, KY, to learn more about our expanded inventory. You can also use Ford financing to make your next work truck more affordable!

Tax savings are a significant consideration when buying a vehicle for your business. One popular tax incentive is Section 179, which allows businesses to deduct the full or partial purchase price of qualifying equipment, including vehicles, in the year they are purchased. But what about used Ford trucks? O'Brien Ford of Shelbyville answers this common question. more Used Ford Trucks Are Eligible for Section 179 The good news is that both new and used Ford trucks qualify for the Section 179 deduction as long as the truck is being used for business purposes and meets the eligibility requirements. If you're considering a reliable, high-performing used Ford truck for your business fleet, you may be able to take advantage of substantial tax savings. Eligibility Requirements for Section 179 To qualify under Section 179, a used Ford truck must be used for business at least 50% of the time. Additionally, there are weight requirements — vehicles with a gross vehicle weight rating (GVWR) of over 6,000 lbs, such as the Ford F-150 or Ford F-250, which often qualify for the full deduction. This can be a great way to offset the cost of your purchase while getting the heavy-duty performance you need. Immediate Tax Relief for Your Business Another advantage of using Section 179 for your business truck purchase is that the deduction applies in the year the vehicle is put into service, freeing up capital. This means that if you purchase and start using a used Ford truck before the end of the tax year, you can apply the deduction to your current year's taxes. Get Your Next Used Ford Truck in Shelbyville, KY If you're looking for a dependable used Ford truck that qualifies for the Section 179 deduction, we invite you to visit O'Brien Ford of Shelbyville. Our team can help you find the perfect truck for your business and walk you through the details of Section 179 to ensure you’re maximizing your tax benefits. Contact us today or stop by the dealership to explore our extensive inventory!