Ram Commercial Truck Tax Benefits

Most Ram vehicles are considered Section 179 property for federal income tax purposes. This usually means that the taxpayer can elect to treat the cost of their property, in this case, your Ram, as an expense during the taxable year when the vehicle was aquired and placed into service. Those qualified businesses can expense up to $1,050,000 of your Section 179 property during the 2021 model year. Make sure that you speak with a tax professional to determine your Ram's depreciation and tax benefits for 2021. 

Additionally, most Ram trucks are considered qualified property for section 168 (k), which is also used for federal income tax purposes. This means that you, the taxpayer, can allow the cost of any qualified property to be expensed as a deduction in the taxable year in which your Ram was acquired and then placed into service. Again, be sure to consult your tax professional so you can determine your Ram's depreciation and tax benefits. 

No matter which Ram vehicle you go with, it will be eligible for a tax break. It's just another reason you can feel good about your Ram purchase! The Ram lineup consists of several vehicles, with the most popular being the Ram 1500, which comes with three massive engine options, some sharp luxury items, and some of the best tech we have ever seen on a pickup. Included in the Ram 1500's tech package is the latest version of the Uconnect system, which has speeds that are four times faster than the previous version and can process three times as much memory.  In addition, the Ram 1500 comes with several special editions, which are sure to impress. If you are looking for something a little more powerful, we suggest the Ram 2500, which has a lot of the same features as the Ram 1500 but mixes in one of the best diesel engines around and the ability to haul up to 20,000 pounds. Are you a business owner? Then you're going to want to go with the Ram ProMaster or ProMaster City! Both versions come with an Electric Power Steering system that will help eliminate excess loads to the powertrain, and you also get several options for your ride height and cargo width that give you the most room in the class! All of these excellent Ram's are available here at Cerritos DCJR! 

If you're in the market for a new Ram, then be sure to check out our vast inventory here at Cerritos DCJR! When you first arrive at our dealership, you will be immediately greeted by one of our knowledgeable and friendly sales team reps, who will be more than happy to answer any questions you have about any of the Ram's on our lot and set you up with a test drive. In addition, if you find something you like, we have a complete finance department that will provide you with all sorts of financing options to have a deal that works within your budget. Best of all, even if you can't see us at our dealership right now, you can view our entire Ram inventory right here on our website!