Thread: Section 179 tax credit...
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Old 12-09-2006, 04:11 PM
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Quote:
Originally Posted by EJCX5
With the lease numbers so crazy I'm considering buying the vehicle (4.8 $71K). Has anyone used the section 179 tax credit for the X5 as it qualifies for the >6000# GVW number? My dealer recommended it as I will use the vehicle mainly for business. Any thoughts? The dealer was also able to give me 2500 off the MSRP with all my crying
According to section 179 for 2006, maximum you can claim for first year is 25,000. Too bad they changed from 100,000 to 25,000.
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