At Lincoln of Memphis, our team proudly serves businesses throughout Memphis, TN, and the surrounding areas, offering luxury Lincoln models that qualify for money-saving Section 179 tax deductions for the 2025 tax year. Businesses across Collierville and Germantown, TN, and the surrounding communities are invited to search our new Lincoln inventory to find eligible models.
What is Section 179?
Section 179 of the IRS tax code lets businesses deduct the purchase price of a qualifying equipment or vehicle bought or financed during the tax year. This offers significant tax savings for business owners compared to depreciating the cost over multiple years. For the 2025 tax year, the Section 179 deduction limit is $2,500,000 with a spending cap on equipment purchases of $4,000,000.
Fleet managers across Olive Brand and Southaven, MS, can take advantage of Section 179 by investing in qualifying Lincoln vehicles. The amount of the deduction depends on the vehicle's gross vehicle weight rating and business use percentage.
Which Lincoln Models Qualify for Section 179?
Light Vehicles Under 6,000 Pounds
Lincoln models weighing less than 6,000 pounds are eligible for a deduction of up to $12,400 based on the purchase price, plus an 80-percent bonus depreciation, up to the $20,400 total deduction cap. The stylish and compact Lincoln Corsair luxury SUV falls into this category.
Heavy Vehicles Between 6,000-14,000 Pounds
The Lincoln Nautilus, Lincoln Aviator, and Lincoln Navigator SUVs have a gross vehicle weight rating (GVWR) between 6,000 and 14,000 pounds, making them eligible for a heftier deduction of up to $31,300 plus the bonus depreciation for 2025. Business owners from Little Rock, AR, to Nashville, TN, can realize significant tax savings when purchasing these heavy Lincoln vehicles.
Deductions for Vehicles Over 14,000 Pounds
For commercial vehicles with a gross vehicle weight rating above 14,000 pounds, you can deduct the full purchase price, as long as you purchase the vehicle and put it into service before the end of the tax year. Special-purpose Lincoln models that are upfitted for specific business use may qualify for this 100-percent deduction.
Buy or Lease a New Lincoln Model for Your Business at Lincoln of Memphis
Maximize your business cash-flow with a money-saving deduction on a luxurious Lincoln SUV at Lincoln of Memphis. Learn more about the potential savings of Section 179 tax deductions online, then visit our showroom to find the right Lincoln model for your business needs. Our sales experts are ready to assist you in selecting a qualifying vehicle and helping you navigate the Section 179 deduction.