Warner INEOS Grenadier in West Valley City is committed to empowering small- and medium-sized businesses with the opportunity to benefit from the Section 179 tax deduction. This valuable incentive allows businesses to make impactful investments while enjoying significant tax savings.
Discover how adding a new or used INEOS Grenadier to your fleet can optimize your business operations without stretching your budget. Our team is here to guide you through the intricacies of Section 179 in Utah, ensuring that you maximize your savings and drive away with confidence!
2025 Section 179 Tax Deduction Overview & Limits
Please note the Section 179 tax deduction limits for the 2025 tax year:
- 2025 Deduction Limit: $2,500,0001
- Good on new and used equipment (as long as new to the buyer)
- Purchased or leased
- 2025 Spending Cap: $4,000,0001 -- This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar-for-dollar basis (making it a true small-business incentive)
- Complete phase-out at $6,500,000
- 2025 Bonus Depreciation: 100%1
- Defined as: a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets
- Generally taken after the Spending Cap is reached
- Applies to new and used
- Must be purchased and put into use before Dec. 31, 20251
- Must be used for business purposes more than 50% of the time
- Must be titled in the company's name (not the company's owner's name)
If you have any questions about how to qualify, what constitutes business use or anything else, consult with our dedicated INEOS financing experts. We'll help you make the most of your auto loan options and take advantage of the full Section 179 amount you're entitled to.
Which Vehicles Does Section 179 Apply To?
|
New & Used Vocational Trucks and Vans: |
Full Section 179 deduction available1 |
|
Heavy SUVs & Trucks (Over 6,000 lbs. GVW): |
$31,300 maximum Section 1791 |
|
Cars, Light Trucks & SUVs (Under 6,000 lbs.): |
$20,400 first-year maximum1 |
There are a variety of new INEOS Grenadier vehicles for sale in Utah that qualify for partial Section 179 deductions because of their heavy weight. They include:
- Grenadier Wagon
- Grenadier 1924 Edition
- Grenadier Fieldmaster Edition
- Grenadier Trialmaster Edition
- Grenadier Quartermaster
Section 179 Tax Deduction in Utah
To learn more about Section 179-eligible vehicles or schedule a test-drive, contact Warner INEOS Grenadier in West Valley City. We'll listen to your needs and pair you with an exceptional vehicle with incredible savings, so you can take your business operations to the next level while keeping costs low!
Learn More: Why Buy from Us? | Value Your Trade
1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.