2025 Tax Breaks Boost Work Truck Purchases
In 2025, builders and contractors are set to benefit from substantial tax breaks and discounts on new work trucks and vans, thanks to increased Section 179 deduction limits and the NAHB Member Savings Program for their business.
The IRS has raised the deduction limit for Section 179 to over $1 million, enabling businesses to write off the full purchase price of new work vehicles in the year of acquisition. This provision, part of the IRS tax code, allows immediate deductions for qualifying equipment and software, instead of depreciating the cost over several years.
The NAHB Member Savings Program sweetens the deal by offering immediate discounts on vehicles from leading manufacturers like Ford, Mercedes, Nissan, and RAM. This program simplifies fleet management and lowers acquisition costs, providing additional savings for businesses.
By combining the increased Section 179 deductions with the NAHB Member Savings Program discounts, businesses can significantly reduce the effective cost of new work trucks and vans. This dual benefit not only encourages fleet upgrades but also frees up capital, allowing businesses to invest in growth and expansion of their business.
