Tax Benefits for Business

2019 FIRST YEAR DEPRECIATION LIMITS

Up to 100% of the Total Purchase Price Deduction per Vehicle

• Ram 1500

• Ram 1500 Classic

• Ram 2500 & 3500

• Ram 3500, 4500 & 5500 Chassis Cab

• Ram ProMaster

• Ram ProMaster City Cargo Van

• Ram 1500 Crew Cab (5'7''bed)

Up to $18,100 of the Total Purchase Price Deduction per Vehicle

• Ram ProMaster City Passenger Wagon

SECTION 168(k)

A Ram truck is 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.

SECTION 179

A Ram truck 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 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 $1,020,000 of Section 179 property during 2019.

TAX BENEFITS FOR BUSINESS

Section 168(k) & Section 179

SECTION 168(k)

SECTION 179