3 ms·
For those surprised by this (as I was when I first heard about it), this is talking about Section 179, which allows someone to fully deduct the purchase price o
by ruddct 5y ago
For those surprised by this (as I was when I first heard about it), this is talking about Section 179, which allows someone to fully deduct the purchase price of heavyweight vehicles (e.g. a Ford F-150) if it’s used for business. These vehicles are also not subject to the pedestrian safety requirements that 3-box vehicles (sedans, etc) are in the US.
- IncRnd 5y ago> of heavyweight vehicles (e.g. a Ford F-150) I don't think a heavyweight vehicle has been built since the 1930s, when they started building lightweight vehicles. Today, if you see a passenger vehicle referred to as heavyweight that is likely due to a marketing spin on how well it performs or the load it can carry. Even in that sense, a Ford F-150 is marketed as a lightweight and F-250 is a medium.
- bratcomplex 5y ago150 from f150 refers to its carting and load capacity.. not its actual weight. the weight difference between a 150,250,350 is not a very significant one. This issue is a 150 is being used outside its original use case. And dose the job a Corolla is intended for. But with twice the weight and size.
- IncRnd 5y agoThank you. I know what the 150 stands for. But, it is not a heavyweight vehicle. That term refers to a type of vehicle that hasn't been made since the 1920s-1930s. The conversation I replied to was about deducting "the purchase price of heavyweight vehicles (e.g. a Ford F-150)". A Ford F-150 is not a heavyweight vehicle.