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Saving Money on Step Van Purchases

Saving Money on Step Van Purchases

img_8056 Saving Money on Step Van Purchases
As the peak season for Independent contractors begins to close in on us, now seems to be a good time for saving money on step van purchases and gearing up for the new year. Section 179 “Protecting Americans from Tax Hikes” was extended through 2016, and offers an advantage of expensing machinery and equipment (commercial trucks with a GVW of 6,000lbs) purchased in 2016 up to an annual limit of $500,000. To review the entire Section 179, click here¬†.
Saving Money on Step Van Purchases

MAG Trucks is an ISP Vendor of new and used step vans. As a trusted name for Independent contractors and commercial vehicle sales, MAG Trucks stocks a large inventory of new and used vehicles, spanning a range of years, mileage, and programs to meet the customer demands. We also offer financial options to get you in a truck quicker than any other vendor! MAG encourages our customers take advantage of saving money on step van purchases.

 Below are some frequently asked questions that are relevant to the Section 179 Tax Savings. For more info, click here.

How Much Can I Save on My Taxes in 2016?
It depends on the amount of qualifying equipment and software that you purchase and put into use. See the handy Section 179 Calculator that’s fully updated for 2016, and includes any/all increases from any newly enacted PATH Act.

What Sort of Equipment Qualifies in 2016?
Most tangible business equipment qualifies. Click here for qualifying property.

When Do I Have to Do This By?
Section 179 for 2016 expires midnight, 12/31/2016. If you wish to deduct the full price of your equipment from your 2016 taxes and take advantage of the new higher deduction limits, it must be purchased and put into service by then.

How can we help you? MAG Trucks will match any competitors truck pricing, plus give you an additional $250 off. We challenge you to find competitor pricing that is lower than ours!