2025 Section 179 Tax Deduction at Miracle Toyota
Florida business owners know that staying competitive requires the right vehicles — trucks and SUVs that boost productivity, support reliable service and lower costs wherever possible. Our Toyota dealership near Clermont helps keep your company moving forward with a versatile lineup of Toyota trucks and SUVs.
With the 2025 Section 179 tax deduction, Florida businesses can save substantially when upgrading or expanding fleets, making smart financial sense for companies focused on growth and efficiency in the Sunshine State.
What Is the Section 179 Tax Deduction?
Section 179 is a federal tax incentive designed to help small- and medium-sized businesses invest in their operations. Qualifying companies can deduct the full or partial purchase price of eligible vehicles from their gross income in the same tax year, rather than depreciating the asset over several years.
For businesses in Florida — whether you’re serving clients in construction, landscaping delivery or sales — the Section 179 deduction can turn vehicle upgrades into powerful investments for your team’s future productivity.
2025 Section 179 Tax Deduction Eligibility At a Glance
Want to leverage the Section 179 deduction for 2025? Keep the following guidelines in mind:
- 2025 Deduction Limit: $2,500,0001
- Good on new and used equipment (as long as new to the buyer)
- Purchased or leased
- 2025 Spending Cap: $4,000,0001— 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 $6,500,000
- 2025 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, 20251
- 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)
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New & Used Vocational Trucks and Vans: |
Full Section 179 deduction available1 |
|
Heavy SUVs & Trucks (Over 6,000 lbs. GVW): |
$31,300 maximum Section 1791 |
|
Cars, Light Trucks & SUVs (Under 6,000 lbs.): |
$20,400 first-year maximum1 |
Our local Toyota finance experts are available every step of the way to answer any commercial truck loan questions, vehicle eligibility and much more!
Which Toyota Models Are Eligible for Section 179?
Many new Toyota vehicles for sale in Haines City are eligible for Section 179 tax savings if used primarily for business.1 Some of the most popular choices for Florida businesses include:
- Tacoma
- Tundra
- 4Runner
- Sequoia
- Highlander
- Grand Highlander
- Land Cruiser
- RAV4
- And more!
New Toyota Trucks for Sale Near Me
Upgrade your company vehicles to improve efficiency, reliability and your long-term business outlook. Browse the latest Toyota commercial trucks and SUVs available now, then contact Miracle Toyota in Haines City to learn how Section 179 can help you make the most of your business investment for the 2025 tax year!
Learn More:Why Buy from Us? | Community Involvement | Miracle Advantage
1Information accurate as of the publishing date. Please consult Section179.org for the most up-to-date details.
1 See dealer for details.