Write Off Your Next Truck, RV, or Trailer — Here's How
If you purchase a vehicle for business use, you may be able to deduct up to 100% of the purchase price on your federal tax return during the first year. This applies to new AND used trucks, vans, SUVs, RVs, and trailers at Whitlock Motors & RV in Cody, Wyoming. Section 179 doesn't require brand-new equipment — pre-owned vehicles qualify too!
DEDUCT YOUR VEHICLE PURCHASE FROM YOUR TAXES
✓ Good News: Used Vehicles Qualify Too!
Section 179 doesn't require brand-new equipment. Pre-owned trucks, RVs, and trailers all qualify as long as they're "new to you" and placed into service for business use during the tax year.
TRUCKS & COMMERCIAL VEHICLES
Work trucks and commercial vehicles are the most common Section 179 deductions. Vehicles over 6,000 lbs GVWR often qualify for the full deduction with no luxury vehicle caps.
Qualifying Business Uses:
- Construction & contractors
- Ranching & agriculture
- Delivery services
- Field service technicians
- Landscaping & lawn care
- Plumbing & HVAC
- Real estate professionals
- Oil & gas services
RVs & MOTORHOMES
RVs used for business purposes can qualify for substantial tax deductions. From mobile offices to contractor housing, there are many legitimate business uses for motorhomes and travel trailers.
Qualifying Business Uses:
- Mobile offices & remote work
- Traveling sales professionals
- Construction crew housing
- Film & media production
- Trade shows & marketing
- Healthcare & mobile services
- Entertainment & hospitality
- Rental fleet business
TRAILERS & EQUIPMENT HAULERS
Trailers are often overlooked for Section 179, but they absolutely qualify. Utility trailers, enclosed cargo trailers, equipment haulers, dump trailers, and livestock trailers can all be written off when used for business.
Qualifying Business Uses:
- Hauling equipment & tools
- Livestock transportation
- Landscaping materials
- Construction supplies
- Mobile storage
- Cargo delivery
- Vehicle transport
- Dump & excavation work
UNDERSTANDING THE TAX BENEFITS
Section 179 Expensing
Allows businesses to deduct the full purchase price of qualifying equipment in the year it's placed in service. For 2025, the deduction limit is $1,250,000.
Applies to: New AND used vehicles, as long as they're new to your business.
Section 168(k) Bonus Depreciation
Provides an additional 40% first-year deduction in 2025 on qualified property. Can be combined with regular depreciation for assets exceeding Section 179 limits.
Note: Bonus depreciation percentage phases down each year.
⚠️ Important: Consult your tax professional to determine your specific vehicle depreciation and tax benefits. Requirements vary based on business type, usage percentage, vehicle weight, and other factors. The vehicle must be used more than 50% for business to qualify.
WHY BUY FROM WHITLOCK MOTORS & RV?
Our experienced team understands the needs of business buyers across Wyoming. We'll help you find the right truck, RV, or trailer for your commercial needs and provide all the documentation your tax professional requires.
- Large Selection: New and used trucks, RVs, and trailers ready for immediate delivery
- Business-Friendly Financing: Commercial lending options to fit your budget
- Complete Documentation: All paperwork needed for your Section 179 deduction
- Local Expertise: Serving Cody, Powell, Lovell, and all of Northwest Wyoming
Ready to Save on Your 2025 Taxes?
Browse our inventory or contact our team to find the right vehicle for your business.
1 Tax laws are complex and subject to change. The information provided here is for general informational purposes only and should not be construed as tax advice. Please consult with a qualified tax professional to determine how Section 179 and other tax provisions may apply to your specific situation. Vehicle must be used more than 50% for business purposes to qualify. Deduction limits and eligibility requirements may vary.
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