Commercial Vehicle Financing and Tax Incentives at the Lester Glenn RAM Commercial Truck and Commercial Van Center in Ocean County, New Jersey

Let the Finance Experts at the Lester Glenn RAM Commercial Vehicle Center do the Heavy Lifting

We specialize in commercial vehicle financing and have a deep understanding of our small business customers and their needs.

We are proud to offer a selection of financing options for our line-up of RAM Commercial Trucks and Vans!

Financing Program Overview

We can help you and your small business establish a Commercial Line of Credit
We offer financing for all RAM Commercial Trucks and Commercial Vans
Select models can also qualify for upfit financing to help you customize your vehicle just for your business
We offer a full spectrum of commercial products and extended service plans
We also offer TRAC Leasing Programs

Lower Your Tax Bill

Current tax regulations provide for bonus depreciation that allows you to deduct up to 100% of your truck purchase(s) in the year it was placed in service.

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 80% Deducation

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 2023. 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 $1,160,000 of Section 179 during 2023. Upfits purchased at the time of sale may also qualify.

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