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Business Owners: Don't Leave Money on the Table!

At Northtowne Mitsubishi, we're proud to offer one of the most comprehensive selections of new and pre-owned Mitsubishi vehicles in the Kansas City area. Whether you're in the market for a fuel-efficient sedan, a versatile SUV, or a plug-in hybrid, you'll find something to love - and the team to make buying it simple.

What Is Section 179 - Tax Savings for Business Buyers

If you run a business and are in the market for a vehicle, Section 179 can offer significant tax savings - and at Northtowne Mitsubishi, we want you to know exactly how it works.

Immediate Write-Off Instead of Years of Depreciation
Typically, an asset's cost gets depreciated over many years. But Section 179 lets qualifying businesses deduct the full purchase price of eligible equipment, vehicles, or other property in the year you put it into service.
New or Used - Both Qualify
Whether you buy a brand-new Mitsubishi or a pre-owned vehicle, Section 179 applies - as long as the vehicle is "new to your business" and meets the requirements.
Deduction Not Limited to Cash Purchases
Financing or leasing the vehicle still counts. The deduction can apply even if you don't pay the full cost up front.

How Section 179 Works for Business Vehicle Buyers

When you purchase a business-use vehicle from Northtowne Mitsubishi, Section 179 may allow you to deduct a significant portion of the cost. To qualify, the vehicle must be used over 50% for business and placed into service by December 31.

Vehicle type and weight affect the deduction amount:

Heavy-duty trucks, vans, and commercial vehicles may qualify for the full deduction.
SUVs and trucks over 6,000 lbs GVWR may qualify for a capped deduction.
Passenger cars and lighter vehicles face smaller first-year limits.

You can't deduct more than your business's taxable income, though unused amounts can sometimes carry forward.

Both new and used vehicles qualify as long as they're new to your business, and the deduction applies even if the vehicle is financed or leased, not paid for upfront.

If you purchase and place a qualifying vehicle into service before December 31, 2025, you could leverage Section 179 and other tax benefits to slash your tax bill.

Trade in your current truck, SUV, or van with ease at Northtowne Mitsubishi. Get a fast trade-in value, and let us handle the selling process for you. If you choose to upgrade, you can apply your trade-in value directly toward the purchase of a new vehicle!

Value Your Trade

Why Section 179 Matters - Tax Advantage + Cash Flow
Maximize Cash Flow Up Front - By writing off the full cost immediately, businesses preserve more working capital compared to spreading the deduction over multiple years.
Lower Taxable Income This Year - That means more savings when you need it - useful for reinvestment in the business, operations, or growth.
Flexible Whether You Buy or Finance - Even if you don't pay cash, financing the vehicle doesn't disqualify you from the deduction so you can get tax savings without large upfront costs.

🔎 How Northtowne Mitsubishi Helps

At Northtowne Mitsubishi, we understand that buying a vehicle isn't just a personal decision - it could be a strategic business move. That's why:

We're happy to help you identify vehicles that are likely to qualify (heavy-duty trucks, larger SUVs, vans) for Section 179 - and we'll disclose the vehicle specifications that may impact eligibility.
Our finance team is ready to help structure a purchase or finance deal that works with Section 179 (financing qualifies).
We encourage you to consult your tax advisor before making decisions - but we'll support you with titles, purchase dates, and documentation that align with IRS requirements.