DEDUCT YOUR VEHICLE PURCHASE FROM YOUR TAXES
During the first year of purchase and use of select new Ram Professional vehicles, you could get a deduction of up to 100% of the Total Purchase Price per vehicle on your federal tax return.*
• Ram 1500
• Ram 2500 and 3500
• Ram 3500, 4500 and 5500 Chassis Cab
• Ram ProMaster®
SECTION 168(K) TEMPORARY 100% DEDUCTION*
A Ram Professional truck or van is generally considered qualified property for purposes of section 168(k) for US 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 in 2025. Upfits purchased at the time of sale may also qualify.
Consult your tax professional to determine your vehicle depreciation and tax benefits.
SECTION 179 FIRST-YEAR EXPENSING*
A Ram Professional truck or van is generally considered Section 179 property for US 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 $1,250,000 of Section 179 property during 2025. Upfits purchased at the time of sale may also qualify.
Consult your tax professional to determine your vehicle depreciation and tax benefits.
*The Ram 1500 Crew Cab short bed models and other vehicles with a Gross Vehicle weight Rating of less than 6,000 pounds are subject to an annual depreciation cap. Any vehicle with an open or enclosed cargo area of at least 6 feet in interior length that is not readily accessible from the passenger compartment does not qualify for the incentive. This 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.