Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied. All vehicles are subject to prior sale. Price does not include applicable tax, title, license or $180 documentation fees. ‡Vehicles shown at different locations are not currently in our inventory (Not in Stock) but can be made available to you at our location within a reasonable date from the time of your request, not to exceed one week.
If you own a business or are self-employed, the Ford Section 179 tax deduction may be one of the smartest ways to invest in a new work vehicle for the 2026 tax year. Our team at Deery Brothers Ford in Iowa City, a trusted Johnson County dealership recognized with the 2020 Ford President's Award, helps local business owners understand how qualifying Ford trucks, vans and SUVs may fit into their vehicle tax strategy.
The information below is provided for informational purposes only, and you should always consult a qualified tax professional to confirm how Section 179 applies to your specific situation.
2026 Section 179 Tax Deduction Overview & Limits
Section 179 of the IRS tax code lets eligible businesses deduct the purchase price of qualifying equipment, including certain new Ford vehicles, put into service during the tax year. It's designed as a true small-business incentive that rewards companies for investing in the tools and vehicles they need to grow. Review the general guidelines below before planning your next purchase near Cedar Rapids:
- 2026 Deduction Limit: $2,560,0001
- Good on new and used equipment (as long as new to the buyer)
- Purchased or leased
- 2026 Spending Cap: $4,090,0001-- 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)
- Deduction begins to be reduced on a dollar-for-dollar basis -- this cap is what makes it a "small business tax incentive"
- Complete phase-out at $6,650,000
- 2026 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, 20261
- 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)
Which Ford Vehicles Qualify for Section 179?
A vehicle's eligibility for Section 179 depends largely on its Gross Vehicle Weight Rating (GVWR) and how it's used for your business. In general terms, heavier work-oriented vehicles offer more favorable treatment, while lighter passenger vehicles are subject to stricter limits:
Full Section 179 deduction available 1
- Heavy SUVs & Trucks (Over 6,000 lbs. GVW) (excludes some pickups/vans): $32,000 maximum Section 179 1
- Cars, Light Trucks & SUVs (Under 6,000 lbs.): Subject to IRS "luxury auto" depreciation limits (Section 280F) 1
Eligible Ford vehicles generally include a range of trucks, vans and SUVs built for work and business use. You have flexibility to choose new Ford models or used Ford vehicles, and our team can help you identify the options that may line up with the right Section 179 category for your business.
How Do I Use the Section 179 Tax Incentive?
Taking advantage of Section 179 starts with choosing a qualifying Ford vehicle and putting it into business use before December 31, 2026. You'll generally need to document that the vehicle is used for business purposes more than 50% of the time and that it's titled in your company's name rather than a personal name.1 Our Ford finance team can guide you through selecting an eligible commercial vehicle, though your accountant or tax professional should always confirm the exact deduction you can claim.
Commercial Ford Vehicles for Sale Near Me
When Iowa City and Cedar Rapids area business owners want a dealership that treats them with genuine Midwestern hospitality, they turn to our team at Deery Brothers Ford. With complimentary Ford Pickup & Delivery™, convenient mobile service and our lifetime coverage warranty, we make it easy to find, finance and maintain the right work vehicle before the 2026 deadline.
Visit us today at 2343 Mormon Trek Blvd in Iowa City, or contact our team to explore qualifying Ford trucks, vans and SUVs and take the next step toward your Section 179 tax strategy.
1 Information accurate at date of publishing. Refer to https://www.section179.org for most up-to-date specifications.
Read More:
Deery Brothers Ford Section 179 Tax Deduction FAQs
Can vehicles be deducted under Section 179?
Yes, certain qualifying new Ford vehicles put into service during the tax year can be deducted under Section 179, with eligibility depending largely on Gross Vehicle Weight Rating (GVWR) and business use. Our eligible options at Deery Brothers Ford in Iowa City, IA include a range of Ford trucks, vans and SUVs, though you should always confirm with a qualified tax professional.
Does Section 179 apply to used car purchases?
Section 179 is good on new and used equipment as long as the vehicle is new to the buyer, purchased or leased and placed into business use before December 31, 2026. Our Ford finance team at Deery Brothers Ford can help you explore qualifying options near Cedar Rapids before the 2026 deadline.
Can Section 179 be claimed multiple times?
Qualifying businesses can take advantage of Section 179 each tax year on eligible equipment, provided each vehicle is purchased and put into use before the December 31, 2026, deadline and used for business purposes more than 50% of the time. Your accountant or tax professional should always confirm the exact deduction you can claim for your specific situation.
What is the Section 179 tax deduction limit?
For the 2026 tax year, the Section 179 deduction limit is $2,560,000, good on new and used equipment that's new to the buyer. Visit Deery Brothers Ford at 2343 Mormon Trek Blvd in Iowa City, IA to explore qualifying Ford trucks, vans and SUVs for your business.
What is the 2026 Section 179 spending cap?
The 2026 spending cap is $4,090,000, the maximum that can be spent on equipment before the deduction begins to reduce on a dollar-for-dollar basis, with a complete phase-out at $6,650,000. This cap is what makes Section 179 a true small-business incentive, and our Deery Brothers Ford team can help you plan your next work vehicle purchase.