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 100-Percent Expensing

A Ram truck generally consifered 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 qualifed 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

A Ram 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 is acquired and placed in service. A qualifying business may expense up to $1,00,000 of Section 179 property during 2019.

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

 


Your RAM Commercial Vehicle Representative


 

Justin Friedland
Commercial Vehicle & Fleet Coordinator
833-856-0633
Jfriedland@lesterglenn.com

Learn More About Commercial Financing

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