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Section 179 of the I.R.S. tax code offers significant deductions on qualifying business vehicles.
Section 179 allows qualifying businesses to deduct up to the full purchase price of certain new or pre-owned vehicles, equipment and/or software purchased and placed into service during the tax year.
To qualify, the percentage of business use for the vehicle, equipment or software must be more than 50%.
*$27,000 tax deduction for qualifying vehicles based on current Section 179 of U.S. tax code and maximum deduction permitted for such vehicles under Section 179. Vehicle must be purchased for business use. Please consult your tax professional for more information on applicability of deduction and whether you qualify for the maximum amount available.
**$5,670 tax savings based on 21% federal corporate tax rate and eligibility to claim full $27,000 IRS Section 179 tax deduction for qualified vehicles. Your tax rate and eligibility may vary. Please consult a tax professional for more information on your federal tax rate and potential tax savings available to you for qualifying purchases. This information does not constitute, nor is it intended to be, legal, tax, financial planning or investment advice and should not be relied upon as such.
Offer valid through December 31, 2022.
Contact a tax professional to learn more.
Qualified customers can purchase or lease the 2024 GLE SUV, and receive a $500 incentive toward the down payment or cash due at signing
Fleet incentives available only for qualified customers on certain MY23 and MY24 Mercedes-Benz models. Not all engine variants eligible for Fleet incentives. Please confirm with
dealership if chosen vehicle is eligible for Fleet incentives at the time of purchase. Incentive must be used at time of purchase/lease. Incentives vary based on vehicle model as indicated.
Eligible person must be the buyer/co-buyer or lessee/co-lessee. Star Access incentives cannot be used in conjunction with Diplomat, European Delivery, Special Demos, Certificate
Programs, Mercedes-Benz Incentive Bonus Cash and other Fleet programs, or non-U.S. specification vehicles. Incentive amounts are subject to change on a monthly basis and should be
confirmed with your dealer at the time of transaction. Amount of actual savings may vary depending on model selected. Offer expires October 2, 2023.
Please note that these incentives can be combined with most, but not all, retail programs offered at the time of the transaction.