Porsche Cayenne Section 179 Tax Deduction for Sale in Lawrence Township, NJ

WHAT IS THE SECTION 179 DEDUCTION?

Under Section 179 of the IRS tax code, businesses are permitted to make a tax deduction of vehicles that are purchased for commercial usage during the tax year. This means that a vehicle which qualifies for tax savings is entitled to have a percentage of its purchase price (or its entire purchase price) deducted from its owner’s gross income. This tax incentive is designed by the U.S. government in efforts of motivating businesses to purchase vehicles and to invest in themselves and their operations.

DO YOU QUALIFY FOR SECTION 179?

Every business that buys, finances, or leases used or new vehicles within the tax year qualifies for the deduction under Section 179 of the IRS tax code. In order for businesses to take advantage of this tax incentive scheme, the purchased vehicle must be put into service within the same year that the deduction is to be filed.

The deduction amount acts as a buffer of finances that is useful when channelled to the operations of the claimant’s establishment. Regardless of the amount, the funds help to build up businesses so as to allow them to reach greater heights in their operations.

WHICH PORSCHE VEHICLE IS QUALIFIED FOR SECTION 179?

Porsche Cayenne is one of the luxurious vehicle models that meets the weight limit set by Section 179 of the IRS tax code – therefore qualifying it for tax incentive eligibility.

For business owners looking to file for tax savings under this government tax scheme should consult with their tax advisors for more information and learn about the guidelines in more details. Explore your options and get ready to own a posh Cayenne for your business.

ARE ONLY NEW VEHICLES QUALIFIED FOR SECTION 179?

No! New, Used, and Certified Pre-Owned vehicles all qualify for Section 179.

 

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3 LCD Monitors In The Front,10 Speakers,Streaming Audio,Radio: Porsche Communication Management (PCM) -inc: mobile phone preparation, audio interfaces including Bluetooth, USB, and aux-in, Connect Plus including online navigation module, wireless Apple CarPlay and wired Android Auto, telephone module, and wireless internet access, as well as Porsche Car Connect including Carfinder, remote vehicle status and remote services, hi-fi sound system w/10 speakers, total output of 150 watts, SiriusXM radio (w/3-month trial), HD Radio receiver and voice control,Concealed Diversity Antenna,Real-Time Traffic Display,Radio w/Seek-Scan, Compatible Remote CD, Clock, Speed Compensated Volume Control, Steering Wheel Controls, Voice Activation, Radio Data System and 40 Gb Internal Memory,Rain Detecting Variable Intermittent Wipers w/Heated Jets,Galvanized Steel/Aluminum Panels,Perimeter/Approach Lights,Body-Colored Door Handles,Steel Spare Wheel,Black Bodyside Cladding and Black Wheel Well Trim,Tailgate/Rear Door Lock Included w/Power Door Locks,Fixed Glass Panoramic 1st And 2nd Row Sunroof w/Power Sunshade,Auto On/Off Projector Beam Led Low/High Beam Daytime Running Auto-Leveling Headlamps w/Delay-Off,Body-Colored Rear Bumper w/Black Rub Strip/Fascia Accent,Wheels w/Silver Accents,Black Side Windows Trim and Black Front Windshield Trim,Fixed Rear Window w/Fixed Interval Wiper and Defroster,Body-Colored Power Heated Side Mirrors w/Power Folding and Turn Signal Indicator,Wheels: 20 Cayenne Design,Rear Fog Lamps,Clearcoat Paint,Power Liftgate Rear Cargo Access,Tires: 275/45ZR20 Front & 305/40ZR20 Rear AS,Deep Tinted Glass,LED Brakelights,Black Grille,Power Spoiler,Body-Colored Front Bumper,Compact Spare Tire Mounted Inside Under Cargo,Smart Device Integration,Sliding Front Center Armrest and Rear Center Armrest,2 Seatback Storage Pockets,Leatherette Door Trim Insert,Remote Keyless Entry w/Integrated Key Transmitter, 4 Door Curb/Courtesy, Illuminated Entry, Illuminated Ignition Switch and Panic Button,Passenger Seat,Trunk/Hatch Auto-Latch,Systems Monitor,Engine Immobilizer,Full Floor Console w/Covered Storage, Mini Overhead Console, Rear Console w/Storage and 3 12V DC Power Outlets,Air Filtration,Power Rear Windows and Fixed 3rd Row Windows,Rear Cupholder,Remote Releases -Inc: Power Cargo Access and Power Fuel,Power 1st Row Windows w/Front And Rear 1-Touch Up/Down,Refrigerated/Cooled Box Located In The Glovebox, Driver / Passenger And Rear Door Bins,Fixed Front Head Restraints and Manual Adjustable Rear Head Restraints,Delayed Accessory Power,Full Carpet Floor Covering -inc: Carpet Front And Rear Floor Mats,Digital/Analog Appearance,Outside Temp Gauge,Cargo Area Concealed Storage,Leather/Metal-Look Gear Shifter Material,Proximity Key For Push Button Start Only,Front And Rear Map Lights,HomeLink Garage Door Transmitter,Dual Zone Front Automatic Air Conditioning,Illuminated Locking Glove Box,Cruise Control,Power Door Locks w/Autolock Feature,Driver And Passenger Visor Vanity Mirrors w/Driver And Passenger Illumination, Driver And Passenger Auxiliary Mirror,Leather/Metal-Look Steering Wheel,Manual Tilt/Telescoping Steering Column,8-Way Power Sport Seats,HVAC -inc: Underseat Ducts, Headliner/Pillar Ducts and Console Ducts,Carpet Floor Trim and Carpet Trunk Lid/Rear Cargo Door Trim,Interior Trim -inc: Metal-Look/Piano Black Instrument Panel Insert, Metal-Look/Piano Black Door Panel Insert, Piano Black Console Insert and Metal-Look Interior Accents,Leather Seat Trim,Full Cloth Headliner,40-20-40 Folding Bucket Front Facing Manual Reclining Fold Forward Seatback Rear Seat,FOB Controls -inc: Cargo Access and Windows,Rigid Cargo Cover,Driver Foot Rest,3 12V DC Power Outlets,Trip Computer,Cargo Space Lights,Redundant Digital Speedometer,Perimeter Alarm,Seats w/Leatherette Back Material,Gauges -inc: Speedometer, Odometer, Oil Pressure, Engine Coolant Temp, Tachometer, Turbo/Supercharger Boost, Oil Temperature, Trip Odometer and Trip Computer,Front Cupholder,Tracker System,Fade-To-Off Interior Lighting,Day-Night Rearview Mirror,Driver Seat,Porsche Connect Plus Mobile Hotspot Internet Access,23.7 Gal. Fuel Tank,Automatic w/Driver Control Ride Control Adaptive Suspension,1499# Maximum Payload,Multi-Link Rear Suspension w/Coil Springs,Full-Time All-Wheel,Brake Actuated Limited Slip Differential,Gas-Pressurized Shock Absorbers,Transmission: 8-Speed Tiptronic S Automatic,Dual Stainless Steel Exhaust w/Powdercoated Tailpipe Finisher,GVWR: 6,162 lbs,Axle Ratio: TBD,Electric Power-Assist Speed-Sensing Steering,Towing Equipment -inc: Trailer Sway Control,Front And Rear Anti-Roll Bars,Engine: 3.0L Turbo V6 w/Direct Fuel Injection,Transmission w/Driver Selectable Mode and Oil Cooler,Battery w/Run Down Protection,Permanent Locking Hubs,Multi-Link Front Suspension w/Coil Springs,Engine Auto Stop-Start Feature,4-Wheel Disc Brakes w/4-Wheel ABS, Front And Rear Vented Discs, Brake Assist, Hill Descent Control, Hill Hold Control and Electric Parking Brake,Airbag Occupancy Sensor,Driver And Passenger Knee Airbag and Rear Side-Impact Airbag,Curtain 1st And 2nd Row Airbags,Back-Up Camera,Tire Specific Low Tire Pressure Warning,Rear Child Safety Locks,Side Impact Beams,Dual Stage Driver And Passenger Seat-Mounted Side Airbags,ParkAssist Front And Rear Parking Sensors,Warn and Brake Assist,Dual Stage Driver And Passenger Front Airbags,Outboard Front Lap And Shoulder Safety Belts -inc: Height Adjusters and Pretensioners,Electronic Stability Control (ESC),Collision Mitigation-Front,ABS And Driveline Traction Control,Driver Air Bag,Passenger Air Bag,Front Side Air Bag,Rear Side Air Bag,Front Head Air Bag,Rear Head Air Bag,Climate Control,Multi-Zone A/C,A/C,Security System,AM/FM Stereo,ABS,4-Wheel Disc Brakes,Rear Defrost,Child Safety Locks,All Wheel Drive,V6 Cylinder Engine,Turbocharged,Floor Mats,Gasoline Fuel,Daytime Running Lights,Keyless Entry,Power Door Locks,Heated Mirrors,Power Mirror(s),Navigation System,Power Driver Seat,Power Passenger Seat,Pass-Through Rear Seat,Bucket Seats,Power Steering,Adjustable Steering Wheel,Tires - Front Performance,Tires - Rear Performance,Temporary Spare Tire,Traction Control,Aluminum Wheels,Power Windows,Intermittent Wipers,A/T,Generic Sun/Moonroof,Rear Bucket Seats,Panoramic Roof,Satellite Radio,MP3 Player,Privacy Glass,Variable Speed Intermittent Wipers,Rain Sensing Wipers,Steering Wheel Audio Controls,Immobilizer,Automatic Headlights,Integrated Turn Signal Mirrors,Driver Vanity Mirror,Passenger Vanity Mirror,Driver Illuminated Vanity Mirror,Passenger Illuminated Visor Mirror,Rear Parking Aid,Leather Steering Wheel,Active Suspension,Rear Spoiler,Transmission w/Dual Shift Mode,Remote Trunk Release,Tire Pressure Monitor,Universal Garage Door Opener,Bluetooth Connection,8-Speed A/T,Power Liftgate,Stability Control,Brake Assist,Keyless Start,Auxiliary Audio Input,Cargo Shade,Power Folding Mirrors,HD Radio,Hard Disk Drive Media Storage,Passenger Air Bag Sensor,Headlights-Auto-Leveling,Knee Air Bag,WiFi Hotspot,Front Collision Mitigation,LED Headlights,Requires Subscription
 

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Streaming Audio,Radio w/Seek-Scan, Compatible Remote CD, Clock, Speed Compensated Volume Control, Steering Wheel Controls, Radio Data System and 40 Gb Internal Memory,Concealed Diversity Antenna,10 Speakers,Radio: Porsche Communication Management (PCM) -inc: Connect Plus w/online navigation module, wireless Apple CarPlay, wired Android Auto, Bluetooth, USB, Aux-in, telephone module, wireless internet access, Porsche Car Connect including Carfinder, remote vehicle status, remote services, Hi-fi sound system w/10 speakers, total output of 150 watts, SiriusXM satellite radio (w/3-month trial), HD Radio receiver and voice control,Real-Time Traffic Display,3 LCD Monitors In The Front,Galvanized Steel/Aluminum Panels,Compact Spare Tire Mounted Inside Under Cargo,Tailgate/Rear Door Lock Included w/Power Door Locks,Body-Colored Front Bumper,Steel Spare Wheel,Wheels: 19 Cayenne S,Body-Colored Power Heated Side Mirrors w/Power Folding and Turn Signal Indicator,Lip Spoiler,Black Grille w/Metal-Look Accents,Body-Colored Door Handles,Rain Detecting Variable Intermittent Wipers w/Heated Jets,Auto On/Off Projector Beam Led Low/High Beam Daytime Running Auto-Leveling Headlamps w/Delay-Off,Tire Mobility Kit,Fixed Rear Window w/Fixed Interval Wiper and Defroster,Rear Fog Lamps,Express Open/Close Sliding And Tilting Glass Panoramic 1st And 2nd Row Sunroof w/Power Sunshade,Power Liftgate Rear Cargo Access,Perimeter/Approach Lights,Body-Colored Rear Bumper w/Black Rub Strip/Fascia Accent,LED Brakelights,Clearcoat Paint,Deep Tinted Glass,Black Bodyside Cladding and Black Wheel Well Trim,Tires: 255/55ZR19 Front & 275/50ZR19 Rear AS,Metal-Look Side Windows Trim and Black Front Windshield Trim,Wheels w/Silver Accents,Dual Zone Front Automatic Air Conditioning,Roll-Up Cargo Cover,Refrigerated/Cooled Box Located In The Glovebox, Driver / Passenger And Rear Door Bins,Digital/Analog Appearance,HVAC -inc: Underseat Ducts, Headliner/Pillar Ducts and Console Ducts,Interior Trim -inc: Metal-Look/Piano Black Instrument Panel Insert, Metal-Look/Piano Black Door Panel Insert, Piano Black Console Insert and Metal-Look Interior Accents,Proximity Key For Push Button Start Only,Air Filtration,3 12V DC Power Outlets,Remote Releases -Inc: Power Cargo Access and Power Fuel,Manual Tilt/Telescoping Steering Column,Power 1st Row Windows w/Front And Rear 1-Touch Up/Down,Engine Immobilizer,Front And Rear Map Lights,Cargo Area Concealed Storage,Leather/Metal-Look Gear Shifter Material,Leather/Metal-Look Steering Wheel,2 Seatback Storage Pockets,Carpet Floor Trim and Carpet Trunk Lid/Rear Cargo Door Trim,Passenger Seat,Trunk/Hatch Auto-Latch,Delayed Accessory Power,Bucket Front Seats w/Leatherette Back Material,Redundant Digital Speedometer,Driver Seat,Cruise Control,Perimeter Alarm,Cargo Features -inc: Tire Mobility Kit,HomeLink Garage Door Transmitter,Gauges -inc: Speedometer, Odometer, Oil Pressure, Engine Coolant Temp, Tachometer, Turbo/Supercharger Boost, Oil Temperature, Trip Odometer and Trip Computer,Fade-To-Off Interior Lighting,Cargo Space Lights,Power Door Locks w/Autolock Feature,FOB Controls -inc: Cargo Access, Windows and Sunroof/Convertible Roof,Full Carpet Floor Covering -inc: Carpet Front And Rear Floor Mats,Tracker System,Power Rear Windows and Fixed 3rd Row Windows,Full Floor Console w/Covered Storage, Mini Overhead Console and 3 12V DC Power Outlets,Porsche Connect Plus Mobile Hotspot Internet Access,Full Cloth Headliner,Leatherette Door Trim Insert,Driver Foot Rest,Remote Keyless Entry w/Integrated Key Transmitter, 4 Door Curb/Courtesy, Illuminated Entry, Illuminated Ignition Switch and Panic Button,Manual w/Tilt Front Head Restraints and Manual Adjustable Rear Head Restraints,Trip Computer,Driver And Passenger Visor Vanity Mirrors w/Driver And Passenger Illumination, Driver And Passenger Auxiliary Mirror,Sliding Front Center Armrest and Rear Center Armrest,Illuminated Locking Glove Box,Rear Cupholder,Leather Seat Trim,Front Cupholder,8-Way Power Seats,Day-Night Rearview Mirror,Outside Temp Gauge,Smart Device Integration,40-20-40 Folding Split-Bench Front Facing Manual Reclining Fold Forward Seatback Rear Seat w/Manual Fore/Aft,Systems Monitor,Multi-Link Rear Suspension w/Coil Springs,GVWR: 6,261 lbs,Engine: 2.9L Twin-Turbo V6 w/Direct Fuel Injection,Engine Oil Cooler,Transmission w/Driver Selectable Mode and Oil Cooler,Towing Equipment -inc: Trailer Sway Control,Electric Power-Assist Steering,Multi-Link Front Suspension w/Coil Springs,Gas-Pressurized Shock Absorbers,4-Wheel Disc Brakes w/4-Wheel ABS, Front And Rear Vented Discs, Brake Assist, Hill Descent Control, Hill Hold Control and Electric Parking Brake,Dual Stainless Steel Exhaust w/Powdercoated Tailpipe Finisher,Axle Ratio: 3.480,Permanent Locking Hubs,Full-Time All-Wheel,Transmission: 8-Speed Tiptronic S Automatic,Brake Actuated Limited Slip Differential,Front And Rear Anti-Roll Bars,1521# Maximum Payload,Automatic w/Driver Control Ride Control Adaptive Suspension,Engine Auto Stop-Start Feature,23.7 Gal. Fuel Tank,Battery w/Run Down Protection,Side Impact Beams,Outboard Front Lap And Shoulder Safety Belts -inc: Rear Center 3 Point, Height Adjusters and Pretensioners,Rear Child Safety Locks,Airbag Occupancy Sensor,ABS And Driveline Traction Control,Electronic Stability Control (ESC),Dual Stage Driver And Passenger Front Airbags,Dual Stage Driver And Passenger Seat-Mounted Side Airbags,Warn and Brake Assist,Curtain 1st And 2nd Row Airbags,Tire Specific Low Tire Pressure Warning,Back-Up Camera,ParkAssist Front And Rear Parking Sensors,Collision Mitigation-Front,Driver And Passenger Knee Airbag and Rear Side-Impact Airbag,Driver Air Bag,Passenger Air Bag,Front Side Air Bag,Rear Side Air Bag,Front Head Air Bag,Rear Head Air Bag,Climate Control,Multi-Zone A/C,A/C,Security System,AM/FM Stereo,ABS,4-Wheel Disc Brakes,Rear Defrost,Child Safety Locks,All Wheel Drive,V6 Cylinder Engine,Turbocharged,Floor Mats,Gasoline Fuel,Daytime Running Lights,Keyless Entry,Power Door Locks,Heated Mirrors,Power Mirror(s),Navigation System,Power Driver Seat,Power Passenger Seat,Pass-Through Rear Seat,Bucket Seats,Power Steering,Adjustable Steering Wheel,Tires - Front Performance,Tires - Rear Performance,Temporary Spare Tire,Traction Control,Aluminum Wheels,Power Windows,Intermittent Wipers,A/T,Generic Sun/Moonroof,Premium Sound System,Panoramic Roof,Satellite Radio,MP3 Player,Heated Front Seat(s),Privacy Glass,Variable Speed Intermittent Wipers,Rain Sensing Wipers,Steering Wheel Audio Controls,Immobilizer,Automatic Headlights,Auto-Dimming Rearview Mirror,Integrated Turn Signal Mirrors,Driver Vanity Mirror,Passenger Vanity Mirror,Driver Illuminated Vanity Mirror,Passenger Illuminated Visor Mirror,Rear Parking Aid,Leather Steering Wheel,Active Suspension,Rear Spoiler,Transmission w/Dual Shift Mode,Remote Trunk Release,Tire Pressure Monitor,Universal Garage Door Opener,Bluetooth Connection,8-Speed A/T,Power Liftgate,Stability Control,Brake Assist,Keyless Start,Auxiliary Audio Input,Cargo Shade,Power Folding Mirrors,HD Radio,Hard Disk Drive Media Storage,Rear Bench Seat,Passenger Air Bag Sensor,Headlights-Auto-Leveling,Knee Air Bag,WiFi Hotspot,Front Collision Mitigation,LED Headlights,Requires Subscription
 

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MPG Disclaimer:

Based on model year EPA mileage ratings. Use for comparison purposes only. Your actual mileage will vary depending on how you drive and maintain your vehicle.

Disclaimer:

Manufacturer’s Suggested Retail Price. Excludes options; taxes; title; registration; delivery, processing and handling fee; dealer charges. Dealer sets actual selling price. While great effort is made to ensure the accuracy of the information on this site, errors do occur so please verify information with a customer service rep. This is easily done by calling us at 609-945-1500 or by visiting us at the dealership.

**With approved credit. Terms may vary. Monthly payments are only estimates derived from the vehicle price with a 72 month term, 4.9% interest and 20% downpayment.

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Disclaimer:

Manufacturer’s Suggested Retail Price. Excludes options; taxes; title; registration; delivery, processing and handling fee; dealer charges. Dealer sets actual selling price. While great effort is made to ensure the accuracy of the information on this site, errors do occur so please verify information with a customer service rep. This is easily done by calling us at 609-945-1500 or by visiting us at the dealership.

**With approved credit. Terms may vary. Monthly payments are only estimates derived from the vehicle price with a 72 month term, 4.9% interest and 20% downpayment.