A Ram Commercial 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.