Tax Benefits

• Ram 1500

• Ram 1500 Classic

• Ram 2500 & 3500

• Ram 3500, 4500 & 5500 Chassis Cab

• Ram ProMaster

• Ram ProMaster City Cargo Van

• Ram 1500 Crew Cab (5'7''bed)

Up to $18,100 of the Total Purchase Price Deduction* per Vehicle

• Ram ProMaster City Passenger Wagon

THE DETAILS

Now is the time to purchase the additional vehicle(s) needed for your business. 100% expensing for federal income tax purposes may be available on your next Ram Truck purchase.

SECTION 168(K) TEMPORARY 100% EXPENSING

A Ram truck is generally considered qualified property for purposes of section 168(k) for U.S. federal income tax purposes. This means a taxpayer may elect to treat the cost of any qualified property as an expense allowed as a deduction for the taxable year in which the property is acquired and placed in service.

SECTION 179 FIRST-YEAR EXPENSING

A Ram truck is generally considered Section 179 property for U.S. federal income tax purposes. This means a taxpayer may elect to treat the cost of any Section 179 property as an expense and allowed as a deduction for the taxable year in which the property is acquired and placed in service. A qualifying business may expense up to $1,040,000 of Section 179 property during 2020.

Consult your tax professional to determine your vehicle depreciation and tax benefits.

*This incentive is offered through a third party and is subject to change without notice. Please confirm this information to ensure its accuracy and availability. Consult a tax professional for details and eligibility requirements.