INCENTIVES FOR SMALL BUSINESS OWNERS
2023 FIRST YEAR DEPRECIATION LIMITS
UP TO 80% OF THE TOTAL PURCHASE PRICE DEDUCTION PER VEHICLE
GLADIATOR:
• 2023 Rubicon
• All 2023 Models with Available Max Tow Package
• 2023 Mojave
• All 2023 Models with 3.0L EcoDiesel V6 Engine
GRAND CHEROKEE (2-Row and 3-Row):
• All 2024 Trims
• All 2023 Trims
GRAND CHEROKEE 4xe:
• All 2024 Trims
• All 2023 Trims
WRANGLER:
• 2023 and 2024 Rubicon 392
• All 2023 and All 2024 Wrangler 4xe Models
• 2023 3.6L Rubicon 4-Door with Xtreme Recon Package
• 2024 Rubicon 4-Door and Willys 4-Door with Xtreme 35 Tire Package
THE DETAILS
Now is the time to purchase the additional vehicle(s) needed for your business. 80% expensing for federal income tax purposes may be available on your next Jeep® Brand vehicle purchase.
SECTION 168(K) TEMPORARY 80% EXPENSING
Select Jeep® Brand trucks and SUVs are 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. Consult your tax professional to determine your vehicle depreciation and tax benefits.
SECTION 179 FIRST-YEAR EXPENSING( DisclosureThis incentive is offered by 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.)
A Jeep® Brand vehicle 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 be allowed to take it as a deduction for the taxable year in which the property is acquired and placed in service. A qualifying business may expense up to $1,160,000 of Section 179 property during 2023. Consult your tax professional to determine your vehicle depreciation and tax benefits.